Greenbank Court, Greenbank Road, Plymouth, PL4 7JG
- PROPERTY TYPE
Studio
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Fully furnished apartment
- Popular development
- Above 9% yield
- Full management included
- Prime student location
- University ten-minute walk
- Stunning Grade II listed conversion
- Immediate income stream
Description
This beautifully presented studio apartment is fully furnished to a high standard and benefits from a kitchenette and private en suite bathroom. The property is currently tenanted until the end of the 2026 academic year, providing immediate rental income and achieving a net yield of over 9% after all fees, with full management already in place.
Located within the impressive Grade II listed redevelopment of The Court House, residents benefit from boutique-style amenities including a gym and communal lounge, creating a vibrant student community.
The property is ideally positioned just a 10-minute walk from the University of Plymouth and within easy reach of the city centre, offering a wide range of shops, restaurants, bars, entertainment venues, and essential amenities.
Known as “Britain’s Ocean City,” Plymouth is home to over 30,000 students and continues to attract strong domestic and international student demand, making it a highly attractive investment location.
Please note: In line with the Renters Reform Act, student tenancies are let on periodic agreements rather than fixed-term contracts. Figures are illustrative of a 44-week term in line with the academic year but are subject to change. Please enquire for further information.
We have multiple units for sale within the development. Please enquire for further details.
Financial Breakdown
Gross Rent: £6,440.00
Net income: £3,556.80
Gross yield: 18.4%
Net yield: 10.16%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-08540
- 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.
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- 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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Energy performance certificate - ask agent
Greenbank Court, Greenbank Road, Plymouth, PL4 7JG
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Visit our security centre to find out moreDisclaimer - Property reference YL-08540. 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 yieldit, Manchester. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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