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See how verdicts workStudio flat · PL4 7JG
Listing removedListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
He Court House, 3 Longfield Place, 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: £6,670.00 Net income: £3,699.60 Gross yield: 19.06% Net yield: 10.57% 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-08550
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About Flat 21 Court House, 3 Longfield Place, Plymouth
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