Marvell House-Plymouth

Marvell House-Plymouth

Marvell House-Plymouth

Marvell Lane, Plymouth, Devon PL4 9BQ

Invest Opp, Invest Opp UK

Price:64,000 £

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Property ID :

 RH-8646-property

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Bedrooms

1

Bathrooms

1

Year Built

2019

Description

Marvell House is a completed new purpose-built student project. This high spec development has 39 larger than average modern high quality studio apartments to the significantly undersupplied student market in Plymouth.

This is the perfect chance for our investors to generate immediate income with guaranteed Net Returns. For your security the 3 year rental payments will be held in an escrow account offering a completely hands-off investment with peace of mind.

Price range from £64,000.00 to £67,500.00

Unit sizes range from 16.46 sq. m to 29.75 sq. m

Investment Facts

  • New and complete high specification development.
  • 8% Net returns for 3 years.
  • 1% cashback upon completion bringing income to 9%.
  • Net Returns are guaranteed (3 years rental payments held in escrow account). 
  • Larger than average units.
  • Immediate monthly income.
  • Leasehold 250 years.                     

Location

Marvell House is situated in a great location, ideal for student accommodation.

Plymouth College of Arts 0.4 miles 9 minute walk
Drake Circus Shopping 0.7 miles 14 minute walk
Plymouth University, 0.7 miles 0.7 miles 14 minute walk
National Marine Aquarium 0.9 miles 19 minute walk
Plymouth Station 1.0 mile 20 minute walk

Payment Process

  1. Discuss and confirm your unit with us when we will secure your property.
  2. Complete the reservation form and transfer your £3,000.00 reservation fee (per unit).
  3. Solicitor instructed.
  4. On exchange of contracts, transfer 25% of the funds (within 30 days).
  5. Transfer balance (75%) minus the reservation fee already paid on completion.

Contact us using the enquiry tab to request either a call back to discuss your purchase options relating to this investment opportunity, current availability and latest prices or, request our comprehensive e-brochure including floor plans.

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