Studio Flat For Sale £35,000
Central House, Jamaica Street, Glasgow G1
previous price £45,000

Central House is a centrally located student accommodation development, perfect for those attending the three nearby universities - the University of Glasgow, the University of Strathclyde or Glasgow Caledonian University.

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 black management already in place so that you know your investment is in safe hands!

The apartment itself is modern and fully furnished, providing an ideal studying environment which appeals to student tenants. Enquire today for more information on this investment.

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. Images used for indicative purposes.

Financial Breakdown

Gross rent: £5,830
Ground rent: £150
Service charge: £2,335
Lettings fees: £560
Net income: £2,785
Gross yield: 10.8%
Net yield: 5.16%

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 must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-11603