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See how verdicts workStudio · PL4 8NP
For saleListed 679 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Greenbank Court, Greenbank Road, Plymouth, Pl4 7Bs **please note!
Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!
This stunning studio apartment is fully furnished to an extremely high standard and includes a kitchenette and en-suite bathroom.
Located in a beautifully redeveloped Grade II listed building, residents of The Court House benefit from boutique-style facilities, including a gymnasium and a common room, which allows students to socialise freely with each other and gives the development a sense of community.
The Court House couldn't be in a more ideal location.
The University of Plymouth is only a 10 minute walk away, along with the city centre which offers fantastic retail and nightlife experiences, as well as a cinema and entertainment venues.
Plymouth has plenty of local attractions including boat trips, sandy beaches, a waterfront Lido and the UK's largest aquarium.
There is also lots of green space to explore with the Dartmoor National Park nearby, this is truly a beautiful area to live in.
Plymouth, otherwise known as Britain's ocean city is home to nearly a quarter of a million people, and is one of the most visited cities in the UK with a tourism trade estimated to be worth £250m a year to the local economy.
With over 30,000 students living in the area, Plymouth is an incredibly popular university location and continues to attract a high number of overseas students who represent nearly a sixth of the total student population.
Financial Breakdown Gross Rent: £7,905.00 Net income: £4,304.00 Gross yield: 18.82% Net yield: 10.25% 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-06684
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.
Area
Agent & docs
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FAQ
About 58 Greenbank Court, Greenbank Road, Plymouth
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