Reserve

North Hill Court Student

AVAILABLE
Plymouth United Kingdom
Starting £114,000

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

Video Tour

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