Skip to content
SOLD STC

Robert Owen House, Bath Street, Glasgow, G2 2EE

£56,000
Added on 23/03/2021
yieldit, Manchester
PROPERTY TYPE
Studio
BATHROOMS
×1

Key features

  • Earn instant income
  • Studio apartment
  • Fully furnished
  • Seventh floor
  • Onsite gymnasium
  • Excellent location
  • Close to university
  • Great transport links
  • Shops, bars and amenities nearby

Property description

Tenure: Please confirm if this is a freehold property with yieldit

CASH BUYERS ONLY - This is a premium self-contained studio on the 7th floor that offers students ample private space, including an en-suite bathroom, kitchen, study area, smart TV and storage.

Robert Owen House has a range of facilities on-site that wouldn't look out of place in a boutique hotel - A private residents' gym, a games room and an entertainment room, along with numerous communal areas where students can socialise with other like-minded residents.

Centrally located, students will be close to a number of local amenities, including clubs and bars. The development is also in good proximity to both universities and the train station.

This is a fantastic investment opportunity for either new or experienced landlords and benefits from block management already in place so that you know your investment is in safe hands!

Glasgow is a city synonymous with higher education. There is no area in the UK outside of London with more universities than Glasgow. It has six acclaimed institutions, included the University of Glasgow, a member of the elite Russell Group universities and the fourth oldest in the English-speaking world. With so many students in the area, Glasgow Universities can only guarantee accommodation for around 10% of its students. This means that an estimated 75% are looking for purpose build student accommodation such as Robert Owen House making for easy returns on your investment, with an amazing 7.53% NET yield!

**Please Note: These images may not be a representative of the actual apartment, they are for marketing purposes only**

Financial Breakdown

Gross rent: £8,060
Service charge: £2,170
Lettings fees: £1,064
Net income: £4,827
Gross yield: 14.39%
Net yield: 8.62%

IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.



yieldit ref: YL-16664
Energy Performance Certificates

Robert Owen House, Bath Street, Glasgow, G2 2EE

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Glasgow Queen Street Station0.3 miles
  • Cowcaddens Station0.3 miles
  • Buchanan Street Station0.3 miles
Mortgages
Check mortgage affordability
Powered by Nationwide - Nationwide pays Rightmove a monthly fee made up of a fixed amount and up to 0.35% of each mortgage introduced. It is up to you if you choose Nationwide or a different lender to suit your mortgage needs and circumstances.
Market information
See similar nearby properties

About the agent

yieldit, Manchester

Quay West at MediaCityUK Trafford Wharf Road, Trafford Park, Manchester, M17 1HH

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartmen

More properties from this agent

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference YL-16664. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* This is the average speed from the provider with the fastest broadband package available on comparethemarket.com at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Stickee Technology Limited.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.