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Studio for sale

£69,950

Marvell Lane, St Judes, Plymouth PL4

1 1
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Property features

  • Ideal Investment Opportunity
  • Fabulous Central Location
  • Purpose-Built Student Development
  • 39 Studio Apartments
  • Fitted Kitchen With Integrated Appliances
  • Furniture Pack
  • Fitted Wardrobe
  • Shower Room
  • Communal Laundry Area

Property description

Occupying a fabulous central location and within very easy walking distance to both the University of Plymouth and Plymouth Art College, near to Mutley Plain Shopping Parade, North Hill with it's variety of bars and the Plymouth City Centre less than 1 mile distant.

This purpose-built development in located within the heart of St Judes and comprises 39 studio apartments.

The modern, new studio apartments will have open plan living comprising a fitted kitchen with integrated two ring hob, combi microwave and fridge with freezer box. There will also be a built-in desk area, furniture pack, fitted wardrobe and a shower room.

The block also has a communal laundry area.

This would make an Ideal investment opportunity.

Agents note: The block is currently under construction and completion is expected for summer 2018.

Lease information: We understand the apartment is held on long Lease with 250 years remaining and subject to a service charge of approximately tbc per year and an annual ground rent of approximately £350. The above information is provided in good faith although we would recommend that prospective purchasers consult their own solicitor for formal verification.

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £158,396 Sales 440 Current average value £175,441 (Zoopla Zed-Index) Value change £8,460 ▲ 5.07%

Property value data/graphs for PL4

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £251,121 £217 3.5 £150,000
Semi-detached £201,210 £171 3.4 £182,100
Terraced £192,356 £167 3.5 £169,997
Flats £139,166 £233 1.8 £126,927

Current asking prices in PL4

Average: £158,054
Avg. current asking prices in PL4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £167,500
(2)
£152,445
(11)
£189,448
(36)
£227,353
(17)
£255,556
(9)
Flats £86,770
(88)
£142,574
(67)
£245,000
(4)
£192,475
(2)
-
All £88,564
(90)
£143,966
(78)
£195,004
(40)
£223,682
(19)
£255,556
(9)

Current asking rents in PL4

Average: £824 pcm
Avg. current asking prices in PL4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £371 pcm
(48)
£635 pcm
(13)
£838 pcm
(19)
£1,000 pcm
(28)
£1,272 pcm
(25)
Flats £437 pcm
(178)
£748 pcm
(63)
£707 pcm
(9)
£1,593 pcm
(2)
£360 pcm
(3)
All £423 pcm
(226)
£728 pcm
(76)
£796 pcm
(28)
£1,040 pcm
(30)
£1,175 pcm
(28)

Fun facts for PL4

Highest value in PL4
Highest value streets Zed-Index
Harbour Avenue £384,099
North Quay £377,689
Addison Road £341,093
Queens Road £333,540
Parsonage Way £313,647
Highest turnover in PL4
Highest turnover streets Turnover
St. Lawrence Mews 58.3%
Pearson Avenue 57.1%
Thornton Avenue 47.1%
Rutland Road 45.5%
Moon Street 41.9%

What Zoopla users think of Plymouth

Overall rating:

  • currently 4 stars
Very good - 78% (280 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Plymouth:

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

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Plymouth (1.1 miles)
  • Devonport (2.3 miles)
  • Dockyard (Devonport) (2.6 miles)
  • Exeter International Airport (39.9 miles)
  • Cardiff Airport (78.5 miles)
  • Bristol Airport (92.8 miles)
  • Plymouth (Barbican) Landing Stage (0.8 miles)
  • Plymouth Mount Batten Ferry Landing (0.9 miles)
  • Plymouth Ferry Terminal (1.7 miles)

Nearby schools

View all schools in Plymouth
  • Prince Rock Primary School (0.2 miles)
  • Salisbury Road Primary School (0.2 miles)
  • Holy Cross Catholic Primary School (0.5 miles)
  • EF Academy Torbay (26.8 miles)
  • Callywith College (27.5 miles)
  • Exeter Mathematics School (35.6 miles)
  • Lipson Co-operative Academy (0.6 miles)
  • ACE Schools Plymouth (0.7 miles)
  • Plymouth High School for Girls (0.8 miles)
Note: Distances are straight line measurements

Local info for Plymouth

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For more information about this property, please contact
Lang Town & Country Land & New Homes, PL4 on +44 1752 942793 * (local rate)

Monthly running costs Beta

£464 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,995
Repayment term 25
Interest rate 1.5
Your payment £251 /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 £21/mo (£248/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 £18 Electricity £26 Estimated energy cost £44/mo

Similar properties could save up to £172

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 Lang Town & Country Land & New 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 Lang Town & Country Land & New Homes, and do not constitute property particulars. Please contact Lang Town & Country Land & New 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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