Summary - FLAT 3, 3, LONGFIELD PLACE, PLYMOUTH PL4 7BS
1 bed 1 bath Studio
Immediate managed income in a historic building near campus.
Fully furnished studio with kitchenette and private en-suite
A compact, fully furnished studio in a striking Grade II listed conversion, offered with an immediate income stream. The apartment is tenanted until the end of the 2026 academic year and comes with full management, delivering a reported net yield above 9% — attractive for cash investors seeking hands-off student income.
The Court House occupies a prominent Victorian institutional building with retained architectural character and communal amenities including a gym and communal lounge. The location is prime for student demand: the University of Plymouth is around a ten-minute walk, with the city centre’s shops, nightlife and transport links close by.
Buyers should note material limitations: this is purpose-built student accommodation with lease/size restrictions that make it ineligible for mortgage finance (cash purchase only). Listed status may restrict alterations and could make maintenance or certain changes more complex and costly. The property sits in an area with above-average crime and higher local deprivation, factors investors should weigh against rental returns.
Overall this studio suits investors prioritising immediate, managed student income and strong location-driven demand. It offers high gross and net yields but comes with purchase restrictions, listed-building considerations and local area risks that require due diligence.
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