Studio flat for sale

Central House, 50-58 Jamaica Street, Glasgow, G1 4QG

£49,950

Property Description

Key features

  • Amazing NET yields of 7.25%!
  • Tenanted for 18/19
  • Close to Universities
  • Onsite residents gym
  • Let and managed for a hassle free investment
  • Perfect for new or experienced investors
  • Popular development
  • No ground rent!

Full description

Central House is close to all that the city has to offer as well as being also conveniently located near all three of Glasgow’s premier universities — the University of Glasgow, the University of Strathclyde and Glasgow Caledonian University.

Central House is perfectly designed with a student tenant in mind. The apartments feature study space complete with a desk and chair, furniture, ample storage space, a fully-fitted kitchenette and separate en-suite bathroom.

In addition, Central House has a range of facilities on-site that would not look out of place in a boutique hotel - a private resident’s gym, a games room and an entertainment room along with numerous communal areas where students can socialise with other like-minded residents.

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!

Financial Breakdown

Gross rent: £6,375
Ground rent: £0
Service charge: £2,143
Lettings fees: £612
Net income: £3,620
Gross yield: 12.76%
Net yield: 7.25%

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-11651


Listing History

Added on Rightmove:
01 June 2018

Nearest stations

  • Glasgow Central (0.1 mi)
  • St. Enoch (0.2 mi)
  • Argyle Street (0.3 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

yieldit, Manchester

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

0161 468 0403 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Glasgow Central (0.1 mi)
  • St. Enoch (0.2 mi)
  • Argyle Street (0.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

yieldit, Manchester

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

0161 468 0403 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference YL-11651. 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.