Studio Flat For Sale £85,000
Perfectly located less than 100 meters from the main campus of the University of Plymouth (21,000 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.
Investment Breakdown - Classic Studio (£85,000.00)
Estimated Weekly Rental: £169.00 x 52 weeks (£8,788.00)
Annual Service Charge: £1,600.73
Estimated Ground Rent: £350 per annum
Lettings Fee: 12% inc.VAT (£1054.56)
Block Management Fee: £210.00 inc.VAT
Tenancy Agreement Fee: £210 inc.VAT per annum
Annual Net Income: Approx. £5572.71 (6.56% net yield)
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 (less than 2 minutes walk).
The North Hill Court development comprises 39 spacious student studios, and its location within the heart of Plymouth student area 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.
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 minute walk from the development.
Unit Specification
Fully furnished student units
Superfast 500mb
Secure key fob entry
Communal laundry room
Large communal entertainment room
Reservation and Payment Plan
Reserve your unit with a signed reservation form
Provide certified id, proof of address and proof of funds to Pure Investor
Pay a £2,000 non-refundable reservation fee
Remaining balance due on completion
Investment Breakdown - Classic Studio (£85,000.00)
Estimated Weekly Rental: £169.00 x 52 weeks (£8,788.00)
Annual Service Charge: £1,600.73
Estimated Ground Rent: £350 per annum
Lettings Fee: 12% inc.VAT (£1054.56)
Block Management Fee: £210.00 inc.VAT
Tenancy Agreement Fee: £210 inc.VAT per annum
Annual Net Income: Approx. £5572.71 (6.56% net yield)
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 (less than 2 minutes walk).
The North Hill Court development comprises 39 spacious student studios, and its location within the heart of Plymouth student area 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.
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 minute walk from the development.
Unit Specification
Fully furnished student units
Superfast 500mb
Secure key fob entry
Communal laundry room
Large communal entertainment room
Reservation and Payment Plan
Reserve your unit with a signed reservation form
Provide certified id, proof of address and proof of funds to Pure Investor
Pay a £2,000 non-refundable reservation fee
Remaining balance due on completion
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