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Guide price
£42,000

Studio for sale

28 Central Park Avenue, Plymouth PL4
Studio
1 bath
23 sq ft / 2 sq m
EPC rating: B
Added > 14 days

Key information

TenureLeasehold
Ground rent£100 per annum | review period: unconfirmed
Service charge£1,450 per annum
Council taxBand A

Features and description

  • Tenure: Leasehold
  • Leasehold Student investment property
  • £7250 PA Gross income @ £145 PW
  • Close to Uni and Plymouth Train Station
  • Ground Rent £1450 Ground Rent £100 PA
  • Unqualified Leaseholder
  • Studio Appartment
  • Cash Purchase only
  • Purpose Build Student Accommodation
  • Studio Apartment with Separate Kitchen
  • EPC B - Council tax band A

Investment Opportunity - Leasehold Student Apartment in Central Plymouth

Are you looking for a remarkable investment opportunity in the heart of Plymouth? Look no further, as we present an exclusive leasehold student apartment at 28 Central Park Avenue. This sought-after property offers an excellent return on investment with an average gross income of £7,250 per annum.

Location

Situated in the vibrant neighborhood of Central Park Avenue, this apartment enjoys a prime location for students. With easy access to local amenities, universities, and public transportation, this property promises high rental demand and steady income.

Property Features

This fantastic investment opportunity comes in the form of a modern student apartment with 0 bedrooms, 1 bathroom, and 0 reception area. Although compact, the apartment is intelligently designed to maximize space and functionality. It offers all the essentials required by students, creating a comfortable living environment.

Key Features

Leasehold This property is leasehold, making it an ideal investment for landlords. With a long lease remaining, you can enjoy steady rental income for years to come.

Student Investment Property Located in a prominent student area, this apartment is perfectly suited for student accommodation. Plymouth attracts a large number of students each year, ensuring a consistent demand for housing.

Average £7,250 PA Gross Income With an impressive average gross income of £7,250 per annum, this property provides a lucrative investment opportunity.

Cash Purchase Only Please note that this property is available for cash purchase only. This restriction ensures a hassle-free transaction and a swift acquisition of this excellent investment.

Additional Features

In addition to its prime location and attractive rental income, this student apartment offers further benefits

- Proximity to Universities The apartment is conveniently located near multiple universities, making it an ideal choice for students pursuing higher education.
- Charming Neighborhood Central Park Avenue boasts a vibrant neighborhood with diverse restaurants, cafes, and shops within walking distance. This is an added advantage in attracting potential tenants.
- High Rental Demand Plymouth remains a popular destination for students, ensuring continuous demand for accommodation. Take advantage of this thriving market and secure your investment today.
- Potential for Capital Appreciation Besides its consistent rental income potential, this apartment also offers the possibility of capital appreciation, ensuring long-term value.

Invest in Your Future

Owning a student apartment at 28 Central Park Avenue is more than just an investment; it is an opportunity to secure your financial future. With its great location, impressive rental income, and potential for capital appreciation, this property promises a rewarding investment journey. Don't miss out on this golden opportunity; act now and start reaping the benefits. Contact us today to schedule a viewing and make this profitable investment yours. ( Please note this is a unqualified Leaseholder)

About this agent

Smeaton Homes - Plymouth
Smeaton Homes - Plymouth
204 The Office, 28 Central Park Avenue Plymouth, Devon PL4 6NE
01752 948541
Full profileProperty listings
Built on reputation, hard work and a love of Plymouth, we display our red and white stripes with pride. Our aim is to be Plymouth’s first choice for property sales and lettings and we run our independent agency with unrivalled local knowledge and a strong commitment to the local area, only using companies and services from our community. Providing all the services you’d expect from an agent, as standard, we concentrate on giving it that personal touch. From start to finish, you’ll find us approachable, helpful and considerate. Letting or finding a rental property doesn’t have to be complicated. With our expertise, attention to detail and high levels of customer care, both landlords and tenants can expect a service that ticks all the boxes. So, whether you’re looking for your ideal rental property or need an agent to manage your portfolio, you can be confident that Smeaton Homes will provide the service you expect. Smeaton Homes is proud to have recently joined the Plymouth property sales market. One of only two estate agents in Plymouth to be awarded ‘Buy with Confidence’ accreditation, you know you can rely on Smeaton Homes to help your sale or purchase run smoothly. We know how stressful buying and selling can be so we do everything we can to help you throughout the process. Finding the right property and the right price is easy with Smeaton Homes.
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