Greenbank, Plymouth

This Grade II listed building has a long and fascinating history, having served as both a jail and a police headquarters since it was built in 1849.

A functioning prison until the 1930s, the complex contained a prison surgery and the governor's office, when it was part of the larger Green Bank Borough Prison which housed nearly 80 criminals when it was fully operational.

Headquarters to the Nottingham police constabulary in the 1930's; the building survived an unexploded World War 2 bomb crashing through its roof and continued as the police headquarters until it closed its doors for the final time in 1987, falling into dilapidation and disrepair.

The redevelopment will ensure that this beautiful period building is refurbished to the highest of standards, ensuring that its Grade II listed status is acknowledged.Containing 64 studios, the rooms will be accompanied with boutique-style facilities including a gymnasium and a common room, allowing students to socialise freely with each other and imbuing a sense of community around the building.

Greenbank - Investor Highlights

• 9% Assured NET yields for 2 years
• Built by an experienced developer in the student accommodation market
• Located in an area with high rental demand
• On-site lettings and management office (PRIMO Property Management)
• Brand name supermarket built next door
• Completion in time for September 2014 intake

Greenbank - Units from £54,950.00

Specialists in UK Property, Savills, reported in 2012 that Plymouth has a significant undersupply of student housing with a demand far-superior to its supply, stating that student housing in Plymouth currently only supplies 3,805 students whilst demand is as high as 23,562.

Greenbank - Management
Greenbank Court will also be let and managed by PRIMO Property Management, allowing investors the peace of mind that a specialist agency is on-site to offer students round the-clock maintenance and assistance.

Specialising in boutique student living, PRIMO Property Management endeavours to provide everything a student could desire under the comfort of one roof.

Plymouth University
Dating back to 1862, Plymouth University is the largest university in the South West of England. With over 32,000 students Plymouth University is today the 9th largest in the United Kingdom by total number of students.

Development Availability

Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.