Studio flat for sale

>

Studio flat for sale

Longfield Place, Plymouth, Devon, PL4
£47,500

Price History

Initial price £58,000
24/08/24 £55,000
22/10/24 £47,500
Price Change -18.10%

Description

This property offers a lucrative investment opportunity with a net yield of 10.20%, generating an annual income of £7,905. The fully furnished student apartment is situated in a historic Grade II listed building, the Courthouse, within half a mile of Plymouth University. The property benefits from a gym and common area, providing students with convenience and comfort. As a result, it presents a steady demand for rental and attractive returns. With over 30,000 students in Plymouth, this property is an enticing prospect for investors seeking stable returns in the city's vibrant property market.