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.
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
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)
Price range:
Studio apartment 02 £114,000
Completed
Payment Plan
Complete a reservation from to secure the unit and provide Certified
ID, Proof of Address & Proof of Funds.
Pay a £2,000 non-refundable reservation fee
ClicPad broker fee 5%
Solicitors instructed
Balance due on completion (less reservation fee paid)
Amenities
Risk management & compliance, when approached strategically, have the potential
- 8.03% net yield
- Selection of Classic Premium and Deluxe studios
- Hands free investment experience
- Fully furnished student units
- Large communal entertainment room