Beaumont Square | Plymouth
Location: Plymouth, UK
Prices From: £78,500
Yield: 8% NET yield assured for 3 years
- CASH BUYERS/INVESTMENT ONLY
- Completing Q3 2017
- Prices starting from £78,500
- 39 exclusive studio apartments
- 8% NET assured for 3 years
- Already under construction
- Fully furnished and managed investment
- Now only 25% deposit required on exchange, 75% on completion
- One of the most undersupplied student markets in the UK according to JLL’s 2017 market report
Plymouth is a proud city shaped by its considerable maritime history. It’s true that the sea is at the heart of Plymouth, but if you are to turn your focus to the city itself you might be surprised to find that over 40% of Plymouth is actually green-space.
In 2003 a £266 Million regeneration project was announced by the city council. ‘A Vision for Plymouth’ set about delivering the highest possible quality buildings and public spaces for the people of the city to enjoy. This undertaking started to attract successful business, education facilities, living spaces, and recreation opportunities for citizens, investors, and visitors.
That vision is already reality! Residents are enjoying a flourishing community where the grand old once derelict buildings are now alive with cafes, bars, restaurants, museums, art galleries, offices and residential spaces. With the final phases of the regeneration set to be completed by 2020, Plymouth is truly a city on the up.
Considered a major growth area in the south west of England, it is a coastal city that has established itself as a shopping hot spot. In October 2006 the £170 Million Drake Circus shopping mall opened its doors, 10 years on and Drake Circus has welcomed over 176 Million shoppers, contributed over £1.3 Billion to the Plymouth economy, whilst creating 1,750 jobs in the process.
Gaining a reputation as a world class university city, Plymouth’s student sector is growing year on year. It is no small wonder that students are spending £8.5 Million on accommodation each week!
There were over 37,000 students enrolled in higher education during 2015/16 in Plymouth. This is largely thanks to the University of Plymouth, which ranks in the top 2% of degree-granting institutions of higher education worldwide.
To tap into Plymouth’s lucrative student market Beaumont Square provides a total of 39 student studio apartments over 2 apartment blocks (Block A = 22 studios | Block B = 17 studios). The location could not be more ideal, less than 1 mile from Plymouth University, the popular harbour district, and the city centre.
Tenants in Beaumont Square will be able to enjoy their fully self-contained studio in safety with a manned reception area and the security of 24 hour CCTV, giving both the students and their parent’s full piece of mind.
Prices start from £78,500, with investors getting an assured 3 year NET rental of 8%. All studios come fully furnished and managed, a truly hassle-free rental process for our purchasers. With such a limited amount of units available and the development already being under construction, we expect these development to sell out fast. To learn more about Beaumont Square please fill out the form today.
Included Kitchen Appliances:
- Microwave Combi Oven
- Ceramic Hob
Free Furniture Pack Includes:
- Double Bed
- Waste Paper Bin
- Swivel office chair
- Window Blinds
- 2 seater table with 2 chairs
- Coat Pegs
*For full specification please refer to brochure