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3 bed flat for sale North Road East, Plymouth

Asking price
£150,000

Added yesterday

Type
Flat
Bedrooms
3
Tenure
Ask agent
Council tax Band A

About this property

INVESTORS ONLY - FANTASTIC INVESTMENT STUDENT PROPERTY CURRENTLY LET FOR 22/23 PRODUCING INCOME OF £15,000 (10% GROSS YIELD). 999 YEAR LEASE FROM 1988. A comfortable and deceptively large 3 double bedroom apartment right on the doorstep of the main University campus.

Floorplan

Council tax

Band A

Price guide

20 comparables · within 2.8 miles

Priced above 50% of the 3-bed flats for sale nearby right now.

This home, £150,000 Median £145,000 · £108,500 – £452,500

Compared with 20 3-bed flats for sale within 2.8 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

North Road East, Plymouth

Mortgage and stamp duty

Property price £150,000
£75k £225k
Deposit10% £15,000
£0 £150k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £135,000 mortgage. Most lenders would want a household income of about £30,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Area insights

The neighbourhood around this property.

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