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1 bedroom apartment for sale

Reference: 85426, Beaumont Road, Plymouth

£82,995

Property Description

Key features

  • Modern Studio Apartments
  • High Quality Interior
  • 8% NET Returns
  • Rental Income For 3 Years
  • Furniture Included

Full description

Tenure: Leasehold

Property Reference: 85426

Why Invest In Beaumont Square?

Beaumont Square is a new purpose built student accommodation development, providing 39 modern high quality studio apartments to the significantly under-supplied student market in Plymouth.
Located less than a mile away from Plymouth`s high performing education institutions, the city centre, and the beautiful harbour, Beaumont Square is the latest development in this coastal UK city. This modern purpose built student accommodation development provides investors with an 8% NET rental return that is contractually assured for 3 years from completion of the property.
The development offers students in this growing university city 39 excellent self contained studio apartments, complete with an en-suite shower room and a kitchenette. Beaumont Square will also have a range of excellent communal facilities including Laundry Room, Reception, and 24 hour CCTV.

Beaumont Square will provide a total of 39 purpose built modern student apartments for the Plymouth student housing market. Each property will be completed to the highest standard with attention to quality finishes, high speed wireless broadband throughout and good usage of space, these properties will provide the perfect residence for the student population in Plymouth being conveniently located for both Plymouth University, Plymouth College of Art and the city centre.
Every apartment will be offered fully furnished to prospective student tenants and the building will benefit not only from high end hotel apartment style finishes, but also a range of state of the art facilities. To manage the properties `Urban Student Life`, a specialist and established student housing operator, will oversee the entire management, tenancy and staffing of the project once complete.
The studios in Beamount Square will be let to students on 51 week tenancies on a weekly rental starting from £154. Tenants will benefit from the high quality build and convenient location of the apartments, whilst owners of the apartments will gain an assured rental income over the first 3 years of ownership of 8% NET based on the purchase value of the apartments they own.

Why Plymouth?

52 towns and cities worldwide share its name, but the Plymouth residing on the south coast of England is mother to them all. The largest port city on the south coast, Plymouth is steeped in Britain`s proud maritime history. The natural heart of Plymouth is the area known as `The Hoe`, providing stunning views over Plymouth sound, one of he most perfect examples of a natural harbour in the world. This area is home to the iconic Smeaton`s Tower Lighthouse and the Tinside Lido, a gorgeous art deco swimming spot voted one of the top 10 best outdoor pools in Europe.

Plymouth is home to 3 major educational institutions:
- The University of Plymouth
- Plymouth College of Art
- City College Plymouth
Plymouth University ranks in the top 2% of degree granting institutions of higher education worldwide. Gaining a reputation as a world class university city. The multi-award winning University of Plymouth is the 9th largest university by student population in Britain.
In Plymouth over 37,000 students enrolled in higher education in 2015/16. Students spend £8.5 Million in Plymouth every week on their accomodation.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.


Listing History

Added on Rightmove:
20 December 2017

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