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Invest in Your Future with This Prime Student Accommodation in Central Devon

Introduction

Looking for a lucrative investment opportunity in the heart of Devon? Look no further! We present a fantastic studio apartment suited for student accommodation, located at 28 Central Park Avenue. With its central location, high rental income potential, and low maintenance costs, this cash purchase only property is a sure fire way to secure a reliable income stream.

Property Features

Studio Apartment This immaculate studio apartment offers comfortable living space for students, featuring a well designed layout and ample storage.

Great Income Potential With an annual gross income of £7000, this student accommodation investment promises fantastic returns for investors seeking long term financial benefits.

Ground Rent The property comes with a ground rent of £1450 and a low maintenance cost of £100 per year, ensuring minimal expenses and maximum profitability.

Spacious and Modern Sprawling across a generous 23 square meters, this apartment offers plenty of space for studying, relaxing, and socializing.

Central Location Situated in the heart of Devon, this property provides easy access to local amenities, renowned universities, transport links, and popular entertainment spots, making it an ideal choice for students.

Current Rent The current rent of £145 per week guarantees a steady income for investors, with demand for quality student accommodation remaining consistently high.

Energy Efficient With an EPC rating of B, this apartment promotes energy efficiency, enhancing attractiveness and saving on energy costs.

Competitive Price Priced at a reasonable £1250 per square foot, this investment presents an affordable opportunity to enter the lucrative student accommodation market.

Investment Benefits

1. Strong Rental Demand Devon is home to several prestigious universities, attracting a large student population year after year. With limited accommodation options available, students are always seeking comfortable, convenient, and secure places to live.

2. Secure Financial Returns The increasing demand for student accommodation ensures a stable rental market. With a gross income of £7000 per year, this property offers a reliable income stream, giving you peace of mind.

3. Hands Off Investment With the option for a cash purchase, you don t have to worry about mortgage repayments or high interest rates. This investment allows you to enjoy hassle free passive income and a stress free investment experience.

4. Capital Appreciation The prime central location of this apartment ensures potential future capital appreciation. As property prices continue to rise, your investment is expected to gain value over time, maximizing your returns.

Conclusion

Don t miss out on this remarkable opportunity to invest in a profitable student accommodation property in Central Devon. With its exceptional income potential, prime location, and appealing features, this studio apartment is an ideal choice for investors looking for a secure, high yield investment. Take the plunge and secure your financial future today!