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SOLD STC

28 Central Park Avenue, Mutley, Plymouth, Devon, PL4 6NQ

Key features

  • 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

Description

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)
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.
Rear garden
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, Mutley, Plymouth, Devon, PL4 6NQ

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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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Years
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Monthly repayments
£196
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Disclaimer - Property reference SMT_SMT_LFSYCL_979_1178371230. 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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