Studio Flat For Sale £35,000
Central House is close to all that the city has to offer as well as being conveniently located near all three of Glasgow’s premier universities—the University of Glasgow, the University of Strathclyde and Glasgow Caledonian University.
In addition, this development has a range of on-site facilities that would not look out of place in a boutique hotel - A private residence gym, a games room and an entertainment room along with numerous communal areas where students can socialise with other like-minded residents.
Central House is perfectly designed with a student tenant in mind. These apartments feature study space complete with a desk and chair, furniture, ample storage space, a fully-fitted kitchenette and separate en-suite bathroom.
Both Caledonian University and the University of Strathclyde are less than 15-minutes walk from the building, and with both Glasgow Central Train Station and St Enoch Subway around the corner, students can easily travel to the West End and the University of Glasgow.
Interested? Take a look at the financial projections below based on a sixth floor studio. We have a number of investment opportunities available in this development, so please contact us today to request a full breakdown.
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
**please note! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!
Financial Breakdown
Gross rent: £5,610
Ground rent: £0
Service charge: £2,457
Lettings fees: £639
Net income: £2,514
Gross yield: 16.03%
Net yield: 7.18%
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-16973
In addition, this development has a range of on-site facilities that would not look out of place in a boutique hotel - A private residence gym, a games room and an entertainment room along with numerous communal areas where students can socialise with other like-minded residents.
Central House is perfectly designed with a student tenant in mind. These apartments feature study space complete with a desk and chair, furniture, ample storage space, a fully-fitted kitchenette and separate en-suite bathroom.
Both Caledonian University and the University of Strathclyde are less than 15-minutes walk from the building, and with both Glasgow Central Train Station and St Enoch Subway around the corner, students can easily travel to the West End and the University of Glasgow.
Interested? Take a look at the financial projections below based on a sixth floor studio. We have a number of investment opportunities available in this development, so please contact us today to request a full breakdown.
Please note: Images shown are of a show apartment and may not be representative of the property for sale.
**please note! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property - cash buyers only need apply!
Financial Breakdown
Gross rent: £5,610
Ground rent: £0
Service charge: £2,457
Lettings fees: £639
Net income: £2,514
Gross yield: 16.03%
Net yield: 7.18%
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-16973
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