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SOLD STC

St. Andrews Street, Glasgow, G1

Key features

  • High yield student studio for sale
  • Fully managed, hands free student investment
  • Leading student management company in place
  • Generates approximately £2,974 net rent per annum

Description

***Cash Purchase Only***

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.

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.

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.

Unit 2.25 - £42,000.00
£160.00 per week rolling tenancy (PRT Agreement)
Estimated Gross Rental (based on average 46 weeks) - £7,360.00 approx.
Service Charge - £3,416 per annum
Management Fee 11% plus VAT
Potential NET Rental Income - £2,974 per annum
Potential NET yield - 7.1%

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

Approximate location

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
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About the agent

Pure, Denton

Pure, The Forum, Tameside Business Park, Windmill Lane, Manchester, M34 3QS

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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Disclaimer - Property reference PURGLASTA225. 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 Pure, Denton. 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.

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