Studio for sale

Greenbank Court, Greenbank Road, Plymouth PL4

Greenbank Court, Greenbank Road, Plymouth, Pl4 7Jg

Please note: Due to the size and lease restrictions associated with purpose-built student accommodation, this property is not mortgageable and is available to cash buyers only as an investment purchase.

This beautifully presented studio apartment is fully furnished to a high standard and benefits from a kitchenette and private en suite bathroom. The property is currently tenanted until the end of the 2026 academic year, providing immediate rental income and achieving a net yield of over 9% after all fees, with full management already in place.

Located within the impressive Grade II listed redevelopment of The Court House, residents benefit from boutique-style amenities including a gym and communal lounge, creating a vibrant student community.

The property is ideally positioned just a 10-minute walk from the University of Plymouth and within easy reach of the city centre, offering a wide range of shops, restaurants, bars, entertainment venues, and essential amenities.

Known as “Britain’s Ocean City, ” Plymouth is home to over 30,000 students and continues to attract strong domestic and international student demand, making it a highly attractive investment location.

Please note: In line with the Renters Reform Act, student tenancies are let on periodic agreements rather than fixed-term contracts. Figures are illustrative of a 44-week term in line with the academic year but are subject to change. Please enquire for further information.

We have multiple units for sale within the development. Please enquire for further details.

Financial Breakdown

Gross Rent: £6,440.00
Net income: £3,556.80
Gross yield: 18.4%
Net yield: 10.16%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08540