St. Andrews Street, Glasgow, G1
- PROPERTY TYPE
Studio
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Freehold student property
- Tenanted at £180.00 per week
- Fully managed and hands free investment
- Close proximity to three leading universities.
Description
Refurbished to a high standard by one of the UK's leading student property management companies, St Andrews is one of Glasgow's leading student developments. As a boutique student development, St Andrew's stands far above its counterparts due to the superior standard of living it provides for students studying at any of the Glasgow's prestigious universities.
Studio 3-27 (£45,000.00)
£180.00 x 46 wks = £8,280.00
Lettings Fee = £1,093.00
Service charge = £3,904.00
Net Rental Income Per Annum = £3,283.00
Net Rental Yield = 7.2%
Premium Studio 3.27 - £45,000
Premium Student Studio
Current Rental - £180.00 per week*
Premium studios (new tenancies) now at £250.00 p/w
Estimated gross rental income p.a. - £8,280.00
Estimated net rental income p.a. - £3,283.00
7.2% net rental yield
Highly experienced student management company
Hands-free, fully managed investment
* New tenancies for Premium Accessible Studios in St Andrews are now advertised at £250.00 per week. We would estimate the rental for unit 3.27 to increase to this level upon a new tenancy.
Please note - There is extremely high demand for purpose-built student properties in Glasgow city centre, and at present the management company for St Andrews (Xenia) has a waiting list in excess of 400 students for a student studio in Glasgow.
Student units in Scotland are typically within high demand from investors, this is due to the fact that the majority of student do not pay tuition fees and as such there is likely to be considerable demand for the units we have available. These properties are also FREEHOLD.
Investment Highlights
Hugely popular destination for students and investors
Freehold property investment (no annual rent charges)
Higher than average rental yields
Within walking distance of all Glasgow Universities
Excellent communal facilities to attract students
No student tuition fees in Scotland, high disposable
Leading student management company in place
Fully tenanted every year since refurbishment
Full time caretake, CCTV and key card access to create a safe environment
Payment Plan
Reserve your unit with a signed reservation form
Provide certified ID, proof of address and proof of funds to Pure Investor
Pay a £2,000 non-refundable reservation fee
Remaining balance due on completion
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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St. Andrews Street, Glasgow, G1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Argyle Street Station0.3 miles
- High Street (Glasgow) Station0.3 miles
- St. Enoch Station0.4 miles
About the agent
Pure, Manchester
125 Deansgate, Manchester, M3 2LH
Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.
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