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£50,000

Studio for sale
Greenbank Court, Greenbank Road Plymouth, Devon PL4

    Leasehold
    Added on 26/12/2025

    About this property

      Tenanted Studio Apartment – Investment Opportunity – The Courthouse, Plymouth

      Location: The Courthouse, Greenbank Road, Plymouth, PL4
      Tenure: Leasehold
      Listing Status: Grade II Listed Building

      A well-presented self-contained studio apartment located within The Courthouse, a distinctive Grade II listed building of historical interest, formerly serving as Plymouth’s police station, and now converted into a popular residential development.

      The property is sold with a tenant in situ, providing immediate rental income from completion and making it an attractive opportunity for buy-to-let investors.

      Investment Highlights

      • Tenant in situ
      • Current rent: £145 per week
      • Income-producing from day one
      • Character Grade II listed building
      • Free on-site gym available to residents
      • Secure key fob access
      • Secure cycle storage
      • Large lounge/common room area
      • CCTV in communal areas
      • Laundry facilities (charges apply)
      • On site staff/student wardens
      • Free High Speed WiFi (100 Mb)

      Accommodation

      The studio briefly comprises:

      • Open-plan living and sleeping area
      • Fitted kitchenette
      • En-suite shower room

      Location

      The Courthouse is ideally situated:

      • Adjacent to a well-known supermarket
      • A short walk to Mutley Plain, offering a range of shops, bars and cafes
      • Close to regular bus routes
      • Within walking distance of the University of Plymouth
      • Within walking distance of Plymouth city centre

      Additional Information

      • Grade II listed building
      • Sold as an ongoing investment
      • Tenancy details available upon request
      • Viewings by appointment only

      Please note: The property is currently tenanted and is therefore marketed to investors.

      Mortgage calculator

      Monthly repayment

      £250 per month

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      More information

      • Tenure

        Leasehold (Ask agent)

      • Service charge

      • Council tax band

        A band has not yet been confirmed.

      • Ground rent

      • Ground rent date of next review

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