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1 bedroom apartment for sale

Apartment complex in Glasgow city, offering an annual return of 8% net for 7 years with a defined exit strategy.

Withdrawn from Market £133,116

Property Description

Key features

  • Contemporary 1 & 2 Bedroom Apartments
  • 8% Net Rental Returns Assured For 7 Years
  • Fully Managed Investment Opportunity
  • Defined Exit Strategy @125%
  • Swimming Pool & Gym On Site
  • 3% Interest Paid On Deposit Monies

Full description

HiLux Apartments Glasgow is a luxury, fully furnished & managed, centrally located apartment complex in Glasgow city, offering an annual return of 8% net for 7 years with a defined exit strategy. The modern development consists of 78 contemporary 1 & 2 bedroom apartments, on-site caf? and gymnasium with swimming pool and 78 car park spaces ensuring a development that ticks all the right boxes for residents as well as overseas investors.
HiLux Glasgow is not just the apartments, it is a community. HiLux, Glasgow is a range of 7 beautifully appointed buildings including a dedicated recreational centre with facilities such as swimming pool, gymnasium, games room and a large outdoor kids play area.
HiLux is truly a state-of-the-art project, thanks to its beautiful interior and exterior designs, further enhanced by its proximity to the Glasgow's must-see places. Each and every apartment is furnished with beautiful fixtures & fittings, high quality furnishings as well as fitted with top-of-the-range appliances that perfectly befits custom-made city living. The needs of modern tenants are perfectly catered for in HiLux Glasgow, where high-end luxuries like a 40-inch Smart TV just add to the luxurious feel and make each tenant feel at home.
This ultramodern development is home to a number of residential amenities to heighten the feel of luxurious living. Residents are able to enjoy a private on-site gym, games room, swimming pool and a number of car parking spaces.
Furthermore, a beautifully-landscaped communal garden area was purposefully designed with residents in mind, a perfect utopia for them to relax and unwind. The on-site management office is on-hand to ensure that each and every tenant is fully happy in their new home.
Great Location
HiLux Apartments are located in the heart of Glasgow, the Scotland's largest city, where properties for professionals are in high demand and best performing location for investors.
Unique Investment
HiLux Apartments are the only rental investment opportunity to offer inclusive personal use to its investors in the Glasgow, enabling them to earn high yields whilst they also enjoy the cost-free stay every year, without having any impact on the rentals returns.*
Returns:
? 8% NET annual returns assured for 7 years  
? Rental backed up by rental insurance policy
? 125% Exit Strategy after 7 years 
? 3% interest p.a. earned on deposit during the construction period 
? Freehold 
Desirable Address
HiLux Apartments will become the most desirable address in Glasgow and will meet the ever growing appetite of tenants in search of high-end and contemporary convenience living.
Wonderful place to work, live, shop, relax and enjoy life
All apartments come fully furnished using only the highest quality materials and appliances, and are decorated in a contemporary chic manner.
External Finishes
? Contemporary Brushed Aluminum Frames
? Double Glazed Windows
Internal Finishes
? Keyless Entry System to all apartments
? Walnut Veneer Internal Doors with Chrome Fittings
? Chrome Ironmongery
Kitchen
? Gloss MDF contemporary fitted Kitchen with Handless Doors with Soft Closing Profile to all units
? Fan Assisted Oven, Induction and Extractor Fan
? Smeg Integrated Larder Fridge/Freezer
? Bosch Integrated Washer/Dryer
? Bosch Integrated Dishwasher
? Bosch Integrated Microwave
Lighting
? Bedrooms ? Chrome Light Fitting
? Bathrooms ? Light LED
? Kitchens ? Light LED
? Living Room ? Light LED
? Hall ? LED Light Fitting
Flooring
? Hallway ? Gloss Walnut Floor
? Kitchen and Bathrooms ? Ceramic Tiled Floors
? Fully Carpeted Bedrooms
Bathrooms
? Contemporary Mosaic and Marble effect Ceramic Fittings
? Large Drench Wall mounted Shower Head
? Chrome Towel Rail to all Bathrooms and En-suites
? Integrated Ceramic Floor and Wall Tiles
Electrical & Communication
? Telephone Points in the Living Area and Principal Bedroom
? TV Points in Living Area and Principal Bedroom
? WiFi Points
? Sky Pre-wiring to all TV Points
? Contemporary White Switch Plates and Sockets
Featured Walls
? Roberto Cavalli Wallpaper
? High Quality Matt Paint Finish to Common Areas
? Wall Mounted Canvases
Payment terms:
£3,000 Reservation Deposit 
25% on Contract Exchange (expected 30 days from reserving a unit)
25% on September 2017
Balance upon Completion (Q4 2018)
Sevice charge:
£1,000 for one bedrooms
£1,250  for two bedroom
Car parking space £12,000


More information from this agent

Listing History

Added on Rightmove:
10 November 2017

Map & Street View

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