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Studio flat for sale
The Court House, 3 Longfield Place, Plymouth, PL4 7BS
£38,000
The Court House, 3 Longfield Place, Plymouth, PL4 7BS
£38,000
Our Summary
- Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply
- Cash buyers only
- Ideal hands off investment opportunity
Description
This stunning studio apartment is a fantastic investment opportunity, located in a beautifully redeveloped Grade II listed building in the heart of Plymouth. The property is fully furnished to an exceptional standard and features a kitchenette and private en-suite bathroom. Residents of The Court House enjoy boutique-style amenities, including a gym and communal lounge, which foster a strong sense of community. The location is unbeatable, with the University of Plymouth just a 10-minute walk away and the city centre offering excellent retail and nightlife options. Plymouth is a thriving university city with a significant international student population, making it an attractive location for investors. The property offers a gross yield of 16.34% and a net yield of 8.31%, making it a great opportunity for cash buyers looking to invest in the student accommodation market.