Marvell House Plymouth

Marvell House is new build, purpose-built student development, offering its investors 8% NET for 3 years.

HIGHLIGHTS:

  • Prices from £67,500
  • Assured 8% NET rental return for 3 years and held in escrow
  • Fully hands-off investment
  • Completed development
  • Leasehold: 250 years
  • Includes a communal Laundry room
  • Close proximity to 2 universities,
  • Management and letting agents appointed
  • Large secure courtyard
  • Cycle storage
  • High speed broadband connection and signal boosters
  • 39 self-contained studio apartments

 

INTRODUCTION:

Marvell House is a brand new, student development centred right in the heart of Plymouth. This new and complete high specification development, offers its investors with immediate monthly returns at 8% NET for 3 years.

 

OVERVIEW:

Marvel House is a hands-off student development in central Plymouth consisting of 39 spacious studio apartments with fully fitted kitchens and bedrooms. Selling from £67,500 with a guaranteed 8% NET rental yield for 3 years, this completed development provides investors with immediate returns. Located in Britain's Ocean City, the seafront views and proximity to Plymouth's main attractions including Theatre Royal and National Marine Aquarium will be in huge demand for the 30,000 students currently studying in Plymouth. Boasting a large secure courtyard, cycle storage and high-speed internet, Marvel House operates as an exceptional investment opportunity for a both a novice and an experienced investor looking to expand their property portfolio.

 

PAYMENT PROCESS:

  1. Reservation fee: £3000
  2. Exchange (minus reservation fee): 25%
  3. Completion: 75%

 

FINANCIALS:

On this investment, you will receive a guaranteed yield of 8% NET of the purchase price for 3 years. Depending on the price of the unit that you purchase, the returns per year may vary.

Please see the table below.

 

UNIT PRICEYEAR 1YEAR 2YEAR 3
£67,500£5,400£10,800£16,200

 

WHY INVEST IN STUDENT PROPERTY?

Rising student numbers has sky-rocketed the demand for student accommodation. Plymouth has seen a rise in students interested in a STEM (Science, Technology, Engineering and Mathmatics) qualification, due to its access to marine related research. Student property investment has become one of the leading assets with investors, due to the high yields and low entry prices. In recent years £4.3 billion has been invested into purpose-built student accommodation with institutions investing a total of 51,150 units across popular student locations. With the rise of mature and post-graduate, the demand for premium accommodation has risen as the traditional student houses decreases.

 

For further details call (0)20 8445 6542 or email info@tarquinjones.com.

 

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Contact Us

Headquarters

Balfour House, 741 High Road,
North Finchley, London, N12 0BP

Call Us

+44 (0)20 8445 6542

Email Us

 info@tarquinjones.com

AdminMarvell House – Plymouth