Studio Flat For Sale £45,000
Central House, 50-58 Jamaica Street, Glasgow G1

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

The apartment itself is modern and fully furnished, providing an ideal studying environment which appeals to student tenants. 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 as well as being hassle free!

Glasgow is a city synonymous with higher education. There is no area in the UK outside of London with more universities than Glasgow. It has six acclaimed institutions, however can only guarantee accommodation for around 10% of its students. This means that 75% are turning to developments such as Central House!

Enquire today for more information on this investment.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £5,610
Ground rent: £0
Service charge: £2,146
Lettings fees: £539
Net income: £2,925
Gross yield: 12.47%
Net yield: 6.5%

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-12969