Studio Flat For Sale £114,000
North Road East, Plymouth PL4

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.

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

• Investment Breakdown - Apartment 2 (£114,000)
• Weekly Rental: £279.00 x 50 weeks (£13,950.00)
• Annual Service Charge: £2766
• Estimated Ground Rent: £350 per annum
• Lettings Fee: 12% inc.VAT (£1674.00)
• Annual Net Income: Approx. £9,159.41 (8.35% net yield)