Jamaica 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
- Earn £3,691.00 NET rental income per annum
- Close proximity to three major universities
- Fully managed, hands free student investment
- Leading student management company in place
- Over 50,000 full time students in Glasgow
Description
Located right by Glasgow Central Station, with easy access to shops, restaurants and the city's universities, Central House couldn't be better located for student life.
All units include their own kitchen, bathroom and study area - ideal if you're looking for your own living space, free from distractions. Students also have access to communal facilities, including an onsite gym, games room and private outdoor terrace.
Fully managed by one of the UK's leading student property management companies, these two units are offer investors access to the hugely popular student residential sector in Scotland. As such, we would anticipate a considerable level of interest in these units from launch.
Financials - Standard Studio 5.05 Central House
Price - £39,950.00
Currently tenanted at £190.00 per week
Estimated gross rental - £8,740.00 (46wks at £190.00 per week)
Service charge - £4,105.00 per annum
Management fee - 10.8% (plus VAT) per annum
Ground rent - Not applicable (freehold property)
NET rental - £3,691.08 per annum
NET Yield - 9.2%
Accessible Unit - 17.2 square metres
Contact the team at Pure Investor today for full details of this excellent opportunity to invest in one of the UK's leading student destinations.
- 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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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Jamaica Street, Glasgow, G1
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Visit our security centre to find out moreDisclaimer - Property reference PURGLACEN505. 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, 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.
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