Summary selling well! Stunning new purpose built student accommodation. This fully managed student accommodation has a much sought after central location in the beautiful city of Plymouth. 8% net yield!
Description Beaumont Square is a stunning new purpose built student accommodation, comprising of 39 studio apartments. Each self-contained studio features an en-suite shower room and kitchenette, meaning the studios are modern and finished to a high-quality. Beaumont also benefits from a range of excellent communal facilities, from a laundry room to a reception and 24-hour CCTV.
Plymouth is facing a significant undersupply in the student market, with Beaumont Square being the latest development in the coastal city. Benefiting from city centre location, Beaumont Square is perfectly situated less than a mile from Plymouth’s high performing education institutions
Location Plymouth is renowned as Britain’s Ocean City due it being the largest port city on the south coast. Plymouth boasts some of Britain’s proudest maritime history and 750 heritage listed buildings in the city. The natural heart of Plymouth, The Hoe, provides stunning views across the area, with a perfect example of a natural harbour. With the ocean being the cities major feature, Plymouth also benefits from 40% of green space.
A Vision For Plymouth is a £266 million regeneration project, which is set to see high quality buildings and public spaces. It is also set to increase the success of business, education, living and the recreation of opportunities for residence and investors. The regeneration project is set to be completed in 2020
Purchase Process 1. Complete the reservation form and the £5,000 reservation fee 2. 25% of purchase price due upon exchange of contracts (minus reservation fee) 3. 75% of purchase price due upon completion
Lease 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.
Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Property descriptions and related information displayed on this page are marketing materials provided by Fox & Sons - Mutley Plain. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Fox & Sons - Mutley Plain for full details and further information.
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.
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.