Studio Flat For Sale £45,000
Central House, Jamaica Street, Glasgow G1
previous price £53,000

Central House is situated in the heart of Glasgow and is a great acquisition to any property portfolio. Currently tenanted for immediate revenue.

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

In addition, Central House has a variety of on-site facilities that would not look out of place in a 5 star 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 seasoned landlords and benefits from block management already in place so that you know your investment is in reliable hands!

Financial Breakdown

Gross rent: £6,056
Service charge: £2,290
Lettings fees: £738
Net income: £3,027
Gross yield: 11.01%
Net yield: 5.5%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
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-9333