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1 bed flat for sale

£74,950

Reference: 56324, North Road East, Plymouth PL4

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Property features

  • New Launch
  • Located In The Heart Of Plymouth
  • Fully Managed
  • Fully Furnished
  • 8% net Returns For 3 Years

Property description

Property Reference: 56324

The highly acclaimed Plymouth University is just a short walk away, as is the Plymouth College of Art; and in a thriving student city where there is a shortage of student properties, these apartments provide much needed modern, student accommodation, as well as a desirable investment opportunity.

The new build development at North Road East is the perfect location for student accommodation, with Plymouth University and the Plymouth College of Art just a 5 minute walk away, whilst Marjon University is a 5 mile journey by car or public transport.

Furthermore, the train station, providing national rail links, is also just a short walk away, as is the Drake Circus shopping centre, Addison Park, the Nancy Astor Sports Centre, and a large supermarket. It really doesn't get more central than this! With everything you could possibly need right on your doorstep, North Road East is a highly desirable place to live.
The three storey development consists of 39 fully furnished apartments, managed by an experienced property management company. All of the apartments are completed to a high specification, and finished with contemporary fixtures and fittings.

There is Wi-Fi throughout the building, which supports students in their study and downtime, as well as communal lounge areas and communal gardens for students to relax and socialise.

Security measures have been considered as part of the design of this development and as such there is secure fob access, and CCTV in operation 24 hours a day.

Why Invest In Plymouth?

Located on the south coast of Devon, Plymouth is a city of stunning natural beauty, and is a thriving industrial and academic centre. From the cobbled streets to the breath-taking harbour and the stunning architecture of the beautiful historic churches, you can see that Plymouth is bursting with culture and a proud heritage. But it is also a vibrant city, where tourists and residents can choose to enjoy the hustle and bustle of city life, or indeed the more tranquil lifestyle provided by coastal rural living. Plymouth really is a city that offers a bit of everything.

As a thriving port city, Plymouth has almost 300 marine and maritime businesses, the largest cluster of its type in the South West. Plymouth's position as a city of significant naval and maritime importance is undeniable, and as a result the city came under significant attack in World War II, with it having to be rebuilt post war. Today, there are over 750 listed buildings in Plymouth including the impressive Royal Albert Bridge, the medieval Boringdon Hall, and the Tinside pool, which has been voted one of the top 10 best outdoor pools in Europe.

There is so much to do within Plymouth, no matter what your interests. The eclectic Plymouth market is one not to be missed, and the Drake Circus shopping centre offers over 70 of the uk's top high street shops all in one place. For those wishing to take in the beautiful sights of the area, there are many cycle trails and walks that can be taken through the numerous parks and green spaces. Particularly impressive is the stunning Burrator Reservoir and the much visited Plymouth Sound. For those looking for something a bit different there is a climbing centre and an adrenalin urban activity park. Plymouth pavilions provides an exceptional concert venue for a good night out, hosting lots of big names in comedy and music, and there are also a number of theatres, bars, clubs and restaurants providing a great social scene for all to enjoy.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Market activity
Average price paid £157,206 Sales 429 Current average value £171,863 (Zoopla Zed-Index) Value change £8,212 ▲ 5.02%

Property value data/graphs for PL4

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £248,222 £213 3.5 £215,500
Semi-detached £198,377 £167 3.4 £174,020
Terraced £187,842 £164 3.5 £169,796
Flats £137,097 £228 1.8 £124,839

Current asking prices in PL4

Average: £154,039
Avg. current asking prices in PL4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £149,925
(14)
£182,734
(31)
£223,745
(20)
£237,650
(9)
Flats £83,834
(75)
£143,328
(57)
£147,500
(2)
£172,750
(4)
-
All £83,834
(75)
£144,629
(71)
£180,598
(33)
£215,246
(24)
£237,650
(9)

Current asking rents in PL4

Average: £1,185 pcm
Avg. current asking prices in PL4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £367 pcm
(53)
£597 pcm
(10)
£1,022 pcm
(26)
£1,120 pcm
(49)
£1,211 pcm
(55)
Flats £438 pcm
(147)
£707 pcm
(75)
£834 pcm
(23)
£4,060 pcm
(7)
£10,826 pcm
(9)
All £419 pcm
(200)
£694 pcm
(85)
£934 pcm
(49)
£1,487 pcm
(56)
£2,563 pcm
(64)

Fun facts for PL4

Highest value in PL4
Highest value streets Zed-Index
Harbour Avenue £378,596
North Quay £370,605
Addison Road £332,727
Queens Road £326,199
Parsonage Way £307,693
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 Plymouth

Overall rating:

  • currently 4 stars
Very good - 78% (262 ratings)

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

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  • currently stars
  • 1
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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
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  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
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  • 4
  • 5

Nearby transport

  • Plymouth (0.2 miles)
  • Devonport (1.5 miles)
  • Dockyard (Devonport) (1.7 miles)
  • Exeter International Airport (40.3 miles)
  • Cardiff Airport (78.5 miles)
  • Bristol Airport (93.1 miles)
  • Plymouth (Barbican) Landing Stage (0.9 miles)
  • Plymouth Mount Batten Ferry Landing (1.2 miles)
  • Plymouth Ferry Terminal (1.2 miles)

Nearby schools

View all schools in Plymouth
  • Fletewood School at Derry Villas (0.1 miles)
  • Mount Street Primary School (0.2 miles)
  • Pilgrim Primary School (0.4 miles)
  • City College Plymouth (1.3 miles)
  • UTC Plymouth (1.7 miles)
  • Lifeworks College (19.4 miles)
  • Plymouth High School for Girls (0.1 miles)
  • Plymouth College (0.5 miles)
  • ACE Schools Plymouth (0.5 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
The Property Supplier, OX49 on +44 1844 340137 * (local rate)

Monthly running costs Beta

£478 Monthly total

Mortgage

Purchase price
Deposit (10%) 7,495
Repayment term 25
Interest rate 1.5
Your payment £269 /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 £350,000 Contents value up to £40,000 Average insurance cost £16/mo (£195/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 £153

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.

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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 The Property Supplier, and do not constitute property particulars. Please contact The Property Supplier 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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