Ground floor flat for sale
Key information
Property description & features
- Tenure: Leasehold
- Student Investment Opportunity
- £7000 PA Gross Income @ Current Rent £140 Per Week
- Close to Uni and Plymouth Train Station
- Ground Rent £1450 Ground Rent £100 PA
- Unalified Leaseholder
- Studio Apartment
- Cash Purchase Only
- Purpose Built Student Accommodation
- Studio Apartment with Separate Kitchen
- EPC B Council tax band A.
Investment Opportunity - Modern Studio Apartment in Prime Devon Location
Are you looking for a lucrative investment opportunity in Devon? Look no further! We have the perfect property for you - a modern studio apartment located in the bustling area of Central Park Avenue. With its prime location, excellent amenities, and potential for high rental income, this is an investment that you don't want to miss!
Situated in a vibrant part of Devon, this well-designed apartment offers a comfortable living space, suitable for students seeking accommodation close to universities and colleges. With a charming layout and top-quality finishes, this property is sure to attract tenants with discerning taste.
As you step into the apartment, you are greeted by a versatile space that combines the functionality of a bedroom and lounge area. The open-plan design allows for easy furnishings, optimizing the area and providing a cozy atmosphere. This studio apartment is a fantastic option for students looking for a comfortable living space and a private study area in one.
Additionally, the apartment features a separate kitchen equipped with all the necessary amenities. Here, tenants can indulge their culinary skills and prepare their favorite meals in a clean and modern environment. The kitchen's smart design ensures efficiency without compromising on style.
One of the standout features of this studio apartment is its en-suite shower room. With sleek fixtures and contemporary design, the bathroom provides a luxurious touch. Tenants can unwind and refresh after a long day of studying or exploring Devon's picturesque surroundings.
Covering approximately 23 square meters of well-utilized space, this property is designed to offer practicality without compromising on comfort. It provides an ideal solution for students seeking a hassle-free accommodation experience.
This studio apartment is leasehold, offering a great investment opportunity for those looking to generate steady rental income. With an average gross income of £7250 (£3500 net), this property promises an attractive return on investment. The unqualified lease adds to the appeal, as it offers flexibility and a convenient solution for potential investors.
Furthermore, residents can enjoy the benefits of a communal area, perfect for socializing and meeting fellow students. It provides an excellent opportunity for tenants to create lasting memories while studying and living in Plymouth, Devon.
As an added bonus, this property boasts an impressive EPC rating of B, ensuring energy efficiency and reduced utility bills for both tenants and landlords.
Don't hesitate to secure this investment opportunity in the sought-after location of Central Park Avenue, Plymouth, Devon. Contact our team now to arrange a viewing and take the first step towards building a profitable portfolio. (please note this is a unqualified leaseholder)
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
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Energy Performance data and Internal floor area: obtained on June 5, 2020 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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