Studio Flat For Sale, North Road East, Plymouth PL4

Description

Pure Investor are delighted to present North Hill Court, Plymouth.

Perfectly located less than 100 metres from the main campus of the University of Plymouth (18,400 full time students), the new North Hill Court development offers arguably one of the best located developments we've ever marketed. Recently completed to a high standard throughout, North Hill Court offers a selection of Classic, Premium and Deluxe studios for sale. Since the launch of the development, North Hill Court has proven hugely popular with students looking for high quality accommodation in close proximity to the university. Located on the ground floor, studio 2 is one of the largest units on the development at 46.20 square metres. Currently on a single tenancy, this spacious unit offers investors the opportunity for dual occupancy at a later stage.

Studio 2 Investment Breakdown - Premium Studio Example £125,000
Classic studio - £219.00 x 50 weeks = £10,950.00
Annual service charge - £1,600.73
Minus Lettings Fee of 10% + VAT - £1,314.00
Block Management Fee - £175 + VAT
Ground Rent - £350.00
Annual net income - £6,309.41
5.05% net Yield

North Hill Court - Management
North Hill Court offers clients a genuine hands free investment experience, with all units within the development being managed by Student Life Lettings, a local specialist student lettings company whose offices are just 4 minutes walk from the development.

Investment Highlights
• Fully furnished, spacious student units
• 100 meters to University Campus, 1 minute walk – ideal location for students!
• Development available for student and residential occupancy
• Superfast 500mb
• Secure key fob entry
• Communal laundry room
• Large communal entertainment room

Location
The North Hill Court development comprises of 39 spacious student studios, and it's location within the heart of Plymouths student ensures a high rental demand for this type of accommodation. As well as the main campus of the University of Plymouth, Plymouth train station, Plymouth College of Art and the Mutley Plain shops are all within easy walking distance.

Payment Plan
1. Reserve your unit with a signed reservation form
2. Provide certified id, proof of address and proof of funds to Pure Investor
3. Pay a £2,000 non-refundable reservation fee
4. Remaining balance due on completion

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Studio Flat For Sale £125,000 North Road East, Plymouth PL4

Studio Flat For Sale £125,000
North Road East, Plymouth PL4