£40,000
Studio for saleThe Court House, 3 Longfield Place, Plymouth PL4
1 bath
1 reception
EPC Rating: E
- Leasehold
Yieldit
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About this property
Ideal hands off investment opportunity
7.90% net return
Grade II Listed Building
Popular development
Experienced management in place
Self contained studio apartment
Fully furnished
Cash buyers only
The Court House, 3 Longfield Place, Plymouth, Pl4 7Bs
**please note! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!
This stunning studio apartment is fully furnished to an exceptional standard and features a kitchenette and a private en-suite bathroom. Situated in a beautifully redeveloped Grade II listed building, residents of The Court House enjoy boutique-style amenities, including a gym and a communal lounge. These shared spaces foster a strong sense of community, offering students the opportunity to socialise and connect.
The Court House boasts an unbeatable location. The University of Plymouth is just a 10-minute walk away, and the nearby city centre provides excellent retail and nightlife options, as well as essential amenities such as a cinema, bars, restaurants, and live entertainment venues—all within easy walking distance.
Plymouth offers an array of attractions, from scenic boat trips and sandy beaches to the popular waterfront Lido and the UK’s largest aquarium. Nature lovers will also appreciate the proximity of Dartmoor National Park, providing expansive green space and outdoor adventure. It’s truly a beautiful place to call home.
Known as "Britain’s Ocean City, " Plymouth is home to nearly a quarter of a million residents and is one of the UK's most visited cities, with a tourism industry valued at around £250 million annually. With over 30,000 students, Plymouth is a thriving university city that attracts a significant number of international students—who make up nearly one-sixth of the student population.
Financial Breakdown
Gross Rent: £6,210.00
Net income: £3,158.98
Gross yield: 15.53%
Net yield: 7.9%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08125
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Tenure
Leasehold (239 years)
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