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Studio for sale

£78,500 From

Greenbank Avenue, Lipson, Plymouth PL4

1 1
Interested in this property? Call +44 1722 515751 * or

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Property features

  • 8% Net Yield
  • Guaranteed For 3 Years
  • Fully Managed
  • Fully Furnished
  • Self Contained Apartments
  • Completion Q3 2017
  • Less than 1 mile from Plymouth University & City centre
  • High end hotel apartment style finish
  • Laundry Room, Reception, 24 hour CCTV

Property description

Cash buyers/investment only. To tap into Plymouth's lucrative student market Beaumont Square provides a total of 39 student studio apartments all completed to high-end hotel apartment style finishes. The location could not be more ideal, less than 1 mile from Plymouth University, the popular harbour district, and the city centre.

Tenants in Beaumont Square will be able to enjoy their fully self-contained studio in safety with a manned reception area and the security of 24 hour CCTV.

Prices start from £78,500, with property owners getting an assured 3 year net rental of 8%. All studios come fully furnished and managed, a truly hassle-free rental process for our purchasers. Contact us today for more information. Pictures are a representative of the area and development.
Market activity
Average price paid £153,188 Sales 455 Current average value £165,151 (Zoopla Zed-Index) Value change £6,757 ▲ 4.27%

Property value data/graphs for PL4

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £240,677 £204 3.5 £255,000
Semi-detached £189,490 £160 3.4 £201,060
Terraced £180,579 £157 3.5 £164,834
Flats £132,104 £218 1.8 £114,540

Current asking prices in PL4

Average: £155,629
Avg. current asking prices in PL4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £156,667
(3)
£159,583
(12)
£181,596
(45)
£212,434
(43)
£235,350
(11)
Flats £81,303
(82)
£150,543
(63)
£168,150
(6)
£204,000
(2)
£115,000
(1)
All £83,962
(85)
£151,989
(75)
£180,014
(51)
£212,059
(45)
£225,321
(12)

Current asking rents in PL4

Average: £1,152 pcm
Avg. current asking prices in PL4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £365 pcm
(36)
£697 pcm
(7)
£880 pcm
(8)
£1,059 pcm
(21)
£1,875 pcm
(26)
Flats £489 pcm
(91)
£670 pcm
(45)
£778 pcm
(11)
£477 pcm
(1)
£481 pcm
(2)
All £454 pcm
(127)
£674 pcm
(52)
£821 pcm
(19)
£1,033 pcm
(22)
£1,776 pcm
(28)

Fun facts for PL4

Highest value in PL4
Highest value streets Zed-Index
Harbour Avenue £363,219
North Quay £356,689
Addison Road £319,797
Queens Road £306,826
Parsonage Way £296,259
Highest turnover in PL4
Highest turnover streets Turnover
St. Lawrence Mews 58.3%
Pearson Avenue 57.1%
Bute Road 46.7%
Turret Grove 43.2%
Ford Park 43.1%

What Zoopla users think of Lipson

Overall rating:

  • currently 4 stars
Very good - 83%

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Lipson:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Plymouth (0.8 miles)
  • Devonport (Devon) (2.0 miles)
  • Devonport Dockyard (2.2 miles)
  • Exeter International Airport (40.0 miles)
  • Cardiff Airport (78.6 miles)
  • Bristol Airport (93.0 miles)
  • Plymouth (Barbican) Landing Stage (0.7 miles)
  • Plymouth Mount Batten Ferry Landing (0.9 miles)
  • Plymouth Ferry Terminal (1.5 miles)

Nearby schools

View all schools in Plymouth
  • Salisbury Road Primary School (0.1 miles)
  • Holy Cross Catholic Primary School (0.3 miles)
  • Mount Street Primary School (0.4 miles)
  • City College Plymouth (1.8 miles)
  • UTC Plymouth (2.2 miles)
  • Lifeworks College (19.0 miles)
  • ACE Schools Plymouth (0.5 miles)
  • Plymouth High School for Girls (0.5 miles)
  • Lipson Co-operative Academy (0.6 miles)
Note: Distances are straight line measurements

Local info for Plymouth

About the neighbours in PL4

AskMe Q&A for Plymouth

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For more information about this property, please contact
Cloud Homes, SP1 on +44 1722 515751 * (local rate)

Monthly running costs Beta

£488 Monthly total
Mortgage
Purchase price
Deposit (10%) 7,850
Repayment term 25
Interest rate 1.5
Your payment £282 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £22/mo (£262/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £18 Electricity £24 Estimated energy cost £42/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5000 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Plymouth

Estimated tax band A Council tax cost £105 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £15 Sewerage £22 Estimated water cost £37 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Cloud Homes about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cloud Homes, and do not constitute property particulars. Please contact Cloud Homes for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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