28 Central Park Avenue, Plymouth, Devon, PL4 6NF
- PROPERTY TYPE
Apartment
- BATHROOMS
1
- SIZE
34 sq ft
3 sq m
Key features
- 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
- Qualified Leaseholder
- Studio Apartment
- Cash Purchase Only
- Purpose Built Student Accommodation
- Studio Apartment with Separate Kitchen
- EPC B - Council tax band A.
Description
Introduction
Looking for a lucrative investment opportunity in the heart of Devon? Look no further! We present a fantastic studio apartment suited for student accommodation, located at 28 Central Park Avenue. With its central location, high rental income potential, and low maintenance costs, this cash purchase only property is a sure-fire way to secure a reliable income stream.
Property Features
- Studio Apartment This immaculate studio apartment offers comfortable living space for students, featuring a well-designed layout and ample storage.
- Great Income Potential With an annual gross income of £7000, this student accommodation investment promises fantastic returns for investors seeking long-term financial benefits.
- Ground Rent The property comes with a ground rent of £1450 and a low maintenance cost of £100 per year, ensuring minimal expenses and maximum profitability.
- Spacious and Modern Sprawling across a generous 23 square meters, this apartment offers plenty of space for studying, relaxing, and socializing.
- Central Location Situated in the heart of Devon, this property provides easy access to local amenities, renowned universities, transport links, and popular entertainment spots, making it an ideal choice for students.
- Current Rent The current rent of £145 per week guarantees a steady income for investors, with demand for quality student accommodation remaining consistently high.
- Energy-Efficient With an EPC rating of B, this apartment promotes energy efficiency, enhancing attractiveness and saving on energy costs.
- Competitive Price Priced at a reasonable £1250 per square foot, this investment presents an affordable opportunity to enter the lucrative student accommodation market.
Investment Benefits
1. Strong Rental Demand Devon is home to several prestigious universities, attracting a large student population year after year. With limited accommodation options available, students are always seeking comfortable, convenient, and secure places to live.
2. Secure Financial Returns The increasing demand for student accommodation ensures a stable rental market. With a gross income of £7000 per year, this property offers a reliable income stream, giving you peace of mind.
3. Hands-Off Investment With the option for a cash purchase, you don't have to worry about mortgage repayments or high-interest rates. This investment allows you to enjoy hassle-free passive income and a stress-free investment experience.
4. Capital Appreciation The prime central location of this apartment ensures potential future capital appreciation. As property prices continue to rise, your investment is expected to gain value over time, maximizing your returns.
Conclusion
Don't miss out on this remarkable opportunity to invest in a profitable student accommodation property in Central Devon. With its exceptional income potential, prime location, and appealing features, this studio apartment is an ideal choice for investors looking for a secure, high-yield investment. Take the plunge and secure your financial future today!
Brochures
Brochure 1- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- No parking
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Lift access
28 Central Park Avenue, Plymouth, Devon, PL4 6NF
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Visit our security centre to find out moreDisclaimer - Property reference SMT_SMT_LFSYCL_979_1178370967. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Smeaton Homes, Plymouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of 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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