info@conceptinvest.co.uk     +44 (0)113 887 4677

BS104

Plymouth

PROPERTY TYPE:

  • Property Reference – BS104
  • Purpose Built Student Accommodation
  • 39 Modern Studio Apartments

PURCHASE PRICE:

  • From £78,500

RETURNS:

  • 8% NET per annum
  • 3-year rental assurance

OTHER HIGHLIGHTS:

  • Prime location
  • Completion due for Q3 2017
  • Fully managed by experienced student management company
  • Zero stamp duty
  • 250-year lease
  • High demand for purpose built student accommodation
  • Title deed registered with UK land registry

Overview

This modern purpose built student accommodation development is Located less than a mile away from Plymouth’s high performing education institutions, the city centre, and the beautiful harbour.

Offering investors, a strong 8% NET rental return that is contractually assured for 3 years from completion of the property.

The development will consist of 39 excellent self-contained studio apartments, complete with an en-suite shower room and a kitchenette. It will also have a range of excellent communal facilities including Laundry Room, Reception, and 24 hour CCTV.

The coastal city is home to 3 major educational institutions:

– The University of Plymouth

– Plymouth College of Art

– City College Plymouth

There is a high level of interest for this development as it is scheduled for completion in Q3 2017.

Situated close to both Plymouth University and Plymouth College of Art, allowing students a short walk to and from classes. The close proximity to the historic harbour and the city centre is perfect for down time when it comes time to pack away the books.

Where is the property located?

Beaumont Road, Plymouth, PL4 8PS

What’s located Nearby?

Plymouth College of Art – 0.4 mile | 9 min walk Drake Circus – 0.7 mile | 14 min walk

Plymouth University – 0.7 mile | 15 min walk

National Marine Aquarium – 0.9 mile | 19 min walk

Plymouth Station – 1.0 mile | 20 min walk

Theatre Royal Plymouth – 1.0 mile | 20 min walk The Royal Citadel – 1.0 mile | 21 min walk

Smeaton’s Tower – 1.2 mile | 25 min walk

Tinside Lido – 1.3 mile | 28 min walk

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