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SOLD STC

28 Central Park Avenue, Plymouth, Devon, PL4 6NG

Key features

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

Description

Invest in this exceptional ground floor corner studio apartment located at 28 Central Park Avenue, Devon. Situated in a central location close to the train station, this property offers an outstanding investment opportunity with high rental income and potential for future growth.

With 23 square meters of space, this stylish studio apartment is perfect for those seeking a convenient urban lifestyle. The apartment boasts a modern bathroom and ample living space, making it an ideal choice for professionals or individuals looking for contemporary living.

One of the key highlights of this property is its impressive rental income. With a current rent of £145 per week, the gross income stands at an impressive £7250 per year. This makes it an attractive choice for investors looking for a lucrative source of passive income.

The apartment is set in a well-maintained building with a ground rent of £1450 and a service charge of £100 per annum. This ensures that the property is properly managed and maintained, giving you peace of mind as an investor.

The prime location of this apartment adds to its appeal. Situated in the heart of Devon, it offers easy access to a range of amenities, including excellent transportation links, shops, restaurants, and entertainment options. The proximity to the train station makes commuting a breeze, whether you work in the city or need to travel frequently.

Boasting an impressive energy performance certificate (EPC) rating of B, this property is energy-efficient, helping to reduce utility costs and minimize your carbon footprint.

Priced at £1250 per square foot, this studio apartment presents an excellent value proposition for investors. With a cash purchase only requirement, this is an opportunity to secure a prime property in a sought-after location.

Don't miss out on this chance to own a profitable investment property that promises consistent rental income. Contact us today to arrange a viewing or for further information on this Ground Floor Corner Studio Apartment in Central Devon. Invest wisely and secure a bright future.
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.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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28 Central Park Avenue, Plymouth, Devon, PL4 6NG

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About Smeaton Homes, Plymouth

204 The Office, 28 Central Park Avenue, Plymouth, Devon, PL4 6NE

Why choose us?

Smeaton Homes is a fresh-thinking independent estate agent with a firm focus on its commitment to the local area. From its economy to its occupants, Plymouth is our passion. We offer a range of services from sales to lettings and can tailor our service to suit your needs.

One of only two estate agents in Plymouth to be awarded 'Buy with Confidence' accreditation, you know you can rely on Smeaton Homes. Operated by Trading Standards, this sought-after stamp of approval means you can be sure we run our business in a legal, honest and fair way.

We're experts, we're efficient and above all, we care.

About us

We take the confusion out of buying, selling and letting properties in Plymouth. Our expert advice and friendly approach makes the whole process as easy as it possibly can be. When you work with us, you'll soon see that we put a lot of work into making sure our customers are happy.

What's more, we've been working on creating a fresh new look over the past few months. Our company branding and Mutley Plain offices have received a complete makeover and we're thrilled with the results.

With significant experience behind us and a bright future ahead, enlist the help of Smeaton Homes for a smooth journey whether you're selling, buying or letting.

If you have any questions, we're always happy to talk. Call 01752 222060 or email info@smeatonhomes.co.uk. Or, if you're in the area, drop into our head office on Mutley Plain for a cup of tea and a chat.

Your mortgage

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Monthly repayments
£187
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Disclaimer - Property reference SMT_SMT_LFSYCL_979_1178374925. 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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