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Studio for sale

£82,995 (£325/sq. ft) Fixed price

Beaumont Road, Plymouth PL4

1 255 sq. ft*

Images may include optional upgrades at additional cost

Interested in this property? Call +44 20 8022 7495 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Off street parking
  • Central heating
  • Double glazing
  • Purpose built student accommodation
  • Modern and high quality
  • Laundry room
  • Less than a mile from the education institutions of Plymouth
  • Assured 8% net rental return
  • Reception and 24 hour CCTV

Property description

Cash only - investors only!



Located less than a mile away from the high performing education institutions of Plymouth, the city centre, and the beautiful harbour, this property is the latest development in this coastal UK city.

This modern purpose built student accommodation development provides investors with an 8% net rental return that is contractually assured for 3 years from completion of the property. The development offers students in this growing university city excellent self- contained studio apartments, complete with an en-suite shower room and a kitchenette. The property will also have a range of excellent communal facilities including Laundry Room, Reception, and 24 hour CCTV.

Plymouth really is a student destination, being home to 3 major educational institutions: The University of Plymouth, Plymouth College of Art and City College Plymouth. Plymouth University ranks in the top 2% of degree-granting institutions of higher education worldwide.

The multi-award winning University of Plymouth is the 9th largest university by student population in Britain, which has helped Plymouth gain a reputation as a world class university city and has seen over 37,000 students enrolled in higher education in 2015/16, who spend a staggering £8.5 Million every week on their accommodation.
Market activity
Average price paid £155,158 Sales 433 Current average value £168,591 (Zoopla Zed-Index) Value change £7,353 ▲ 4.56%

Property value data/graphs for PL4

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £244,633 £212 3.5 £255,000
Semi-detached £194,082 £164 3.4 £176,416
Terraced £184,549 £161 3.5 £168,113
Flats £134,104 £226 1.8 £122,112

Current asking prices in PL4

Average: £152,287
Avg. current asking prices in PL4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £150,288
(17)
£181,224
(35)
£217,272
(25)
£227,990
(10)
Flats £81,989
(88)
£135,350
(55)
£137,833
(6)
£169,500
(4)
-
All £81,989
(88)
£138,877
(72)
£174,874
(41)
£210,683
(29)
£227,990
(10)

Current asking rents in PL4

Average: £1,154 pcm
Avg. current asking prices in PL4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £395 pcm
(65)
£584 pcm
(12)
£1,032 pcm
(27)
£1,129 pcm
(58)
£1,187 pcm
(58)
Flats £424 pcm
(164)
£707 pcm
(71)
£758 pcm
(29)
£3,288 pcm
(9)
£12,111 pcm
(8)
All £416 pcm
(229)
£689 pcm
(83)
£890 pcm
(56)
£1,419 pcm
(67)
£2,511 pcm
(66)

Fun facts for PL4

Highest value in PL4
Highest value streets Zed-Index
Harbour Avenue £370,345
North Quay £363,078
Addison Road £326,240
Queens Road £320,708
Parsonage Way £301,128
Highest turnover in PL4
Highest turnover streets Turnover
St. Lawrence Mews 58.3%
Pearson Avenue 57.1%
Bradley Road 47.1%
Glen Park Avenue 43.9%
Clinton Avenue 41.7%

What Zoopla users think of Lipson

Overall rating:

  • currently 4 stars
Very good - 84%

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.
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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 (2.0 miles)
  • Dockyard (Devonport) (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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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Flambard Williams, CM2 on +44 20 8022 7495 * (local rate)

Monthly running costs Beta

£513 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,299
Repayment term 25
Interest rate 1.5
Your payment £298 /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)
Compare insurance deals now 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 £19 Electricity £26 Estimated energy cost £45/mo

Similar properties could save up to £151

How Much Could I Save? 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 £111 /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 Flambard Williams 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 Flambard Williams, and do not constitute property particulars. Please contact Flambard Williams 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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