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Studio flat for sale
Longfield Place, Plymouth, Devon, PL4
£47,500
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.