North Road East, Plymouth, Devon Price on Arrival

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LOCATION
The City of Plymouth has a population of just over 260,000 according to the 2011 census ranking it 55th in the UK, the second largest on the South Coast after Brighton and Hove ,42nd, and before Southampton ,64th.

The University of Plymouth has flourished over the years and now enjoys a ranking of the 16th largest university in the country, much larger than its near neighbours Exeter 44th and Falmouth 130th.

Plymouth University offers anextremely wide choice of studies and has an enrolled student population of around 27,000 including the School of Maritime Studies and the Peninsula Medical School.

This site on North Road East is probably the closest you can get to an “on campus” facility and offers we believe a fabulous investment opportunity servicing a thriving modern educational establishment.

Both the Main line railway and Bus station are within approximately 10mins walk as is the vibrant Plymouth City Centre. The world famous Plymouth Hoe overlooking Plymouth Sound, Drakes Island and Barbican areas are within a 15-20 minutes’ stroll.

DESCRIPTION
A former professional office and car park nestling quietly behind a large wall.

The planning consent provides for 39 units in total over 4 floors comprising 24 studio apartments, 13 one bedroom apartments and 2 large accessible 1 bedroom apartments.

The student accommodation market has changed significantly over the years. This development offers the opportunity to provide modern accommodation right on the Universities doorstep.

PLANNING

Planning consent was granted on the 26th May 2016 by way of appeal
Reference number: APP/N1160/W/15/3138482.
Following a refusal of planning application,
Reference number: 15/01/251/FUL dated 30th September 2015.
Copies of the decision are available on request.

SECTION 106 & CIL

The site does not have any S.106 contribution to be made although the development will be subject to the standard community infrastructure levy.


VAT
All prices and rents quoted are exclusive of VAT where chargeable

LEGAL COSTS
Each party to bear their own in this transaction.

VIEWING
Viewings by appointment only,
please contact:

Nick Wheeldon MRICS or Alice Lang BSc (Hons)
WAYCOTTS
01803 403060
commercial@waycotts.co.uk

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WAYCOTTS (DEVON) LIMITED Trading as WAYCOTTS

41 Houndiscombe Road, Plymouth, PL4 6EX

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