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North Hill Court

Plymouth, United Kingdom

Investment Type: STUDENT

Est. Completion: COMPLETED

Studio 02

£114,000.00

  • Invest From Only £85,000
  • Less Than 2 Minutes Walk To The University
  • Dual Occupancy Available
  • Up to £9,519.00 net rent per annum
  • Fully Managed By Local Student Specialist Agency
Purchase Process

Investment Breakdown - Classic Studio

  • Estimated Weekly Rental: £169.00 x 52 weeks (£8,788.00)
  • Annual Service Charge: £1,600.73
  • Estimated Ground Rent: £350 per annum
  • Lettings Fee: 12% inc.VAT (£1054.56)
  • Block Management Fee: £210.00 inc.VAT
  • Tenancy Agreement Fee: £210 inc.VAT per annum
  • Annual Net Income: Approx. £5572.71 (6.56% net yield)

Investment Breakdown - Apartment 2 (£114,000)

  • Weekly Rental: £279.00 x 50 weeks (£13,950.00)
  • Annual Service Charge: £2766
  • Estimated Ground Rent: £350 per annum
  • Lettings Fee: 12% inc.VAT (£1674.00)
  • Annual Net Income: Approx. £9,159.41 (8.03% net yield)

Reservation And Purchase Process

  • Complete a reservation form to secure the unit
  • Pay a £2,000 non-refundable reservation fee
  • Solicitors instructed
  • Balance due on completion (less reservation fee paid)

North Hill Court - Overview

Perfectly located less than 100 meters from the main campus of the University of Plymouth (21,000 full-time students), the new North Hill Court development offers arguably one of the best-located developments we've ever marketed. Recently completed to a high standard throughout, North Hill Court offers a selection of Classic, Premium, and Deluxe studios for sale.

Since the launch of the development, North Hill Court has proven hugely popular with students looking for high-quality accommodation in close proximity to the university (less than 2 minutes walk). 

The North Hill Court development comprises 39 spacious student studios, and its location within the heart of Plymouth student area ensures a high rental demand for this type of accommodation. As well as the main campus of the University of Plymouth, Plymouth train station, Plymouth College of Art and the Mutley Plain shops are all within easy walking distance.

Management

North Hill Court offers clients a genuine hands-free investment experience, with all units within the development being managed by Student Life Lettings, a local specialist student lettings company whose offices are just 4 minute walk from the development.

Unit Specification

  • Fully furnished student units
  • Superfast 500mb
  • Secure key fob entry
  • Communal laundry room
  • Large communal entertainment room

North Hill Court - Tenancy Rates For 2023-24

We have now been updated regarding the proposed tenancy rates for the academic year 2023-24, and these are included below showing weekly rentals for single/double occupancy rates. The units are now been actively marketed at these prices for the next academic year.

Classic – £179 / £209
Deluxe - £199 / £229
Premium - £229 / £279
Apartment - £235 / £285

FREE Online Information Pack

If you would like to find out more details regarding the student properties for sale in North Hill Court, why not contact our team today for your free online information pack? You can contact us consultants directly via the contact form below, or by telephone on: 0161 337 3890.

North Hill Court - Key Points

Location

Location

Plymouth, United Kingdom

Price

Price

£114,000.00

Completion

Completion

Completed

Rental Yield

Rental Yield

Up To 8.35%

Video - North Hill Court

Development Availability

PropertySizeBedroomsPriceEnquire
Studio 0246.20 square metres-£114,000.00Enquire

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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