St. Andrews Street, Glasgow, G1
- PROPERTY TYPE
Studio
- SIZE
161 sq ft
15 sq m
- 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
- Tenanted student studio for sale
- Freehold property investment (no annual rent charges)
- Fully managed student property
- High net yield of 9.5% per annum
- Three major universities in Glasgow
Description
2.25 Ground Floor
Tenanted at £175 per week
Based on 46 weeks tenancy (approx.)
46 x £175 = £8,050.00
Lettings Fee 11% plus vat = £783
Service Charge = £3,118
Net Return = £3,799
Yield 9.5%
Recently 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. A superb hands free, freehold investment opportunity which offers immediate rental returns.
Student units in Scotland are typically within high demand from investors, and as such there is likely to be considerable demand for this unit.
Investment Highlights
Hugely popular destination for students and investors
Freehold property investment (no annual rent charges)
No student tuition fees in Scotland
Leading student management company in place
Three major universities in Glasgow
Location - Glasgow
St Andrews is perfectly located in the heart of Glasgow city centre, within easy walking distance of three major universities as well as a huge selection of shops, cafes and restaurants. Glasgow has long been the destination of choice for many students, primarily due to the fact that the majority of students in Scottish universities pay zero tuition fees.
Payment process
1. Complete a reservation from to secure the unit
2. Pay a £2,000 non-refundable reservation fee and provide proof of funds plus ID
3. Solicitors instructed
4. Balance due on completion (less reservation fee paid)
- 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.
- Ask agent
- 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
St. Andrews Street, Glasgow, G1
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Visit our security centre to find out moreDisclaimer - Property reference HH2UKGLASTA225. 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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