Studio Flat For Sale £55,000
This premium self-contained studio offers students ample private space which includes an en-suite bathroom, kitchen, study area, smart TV and storage.
Robert Owen House has a range of facilities on-site that would not look out of place in a boutique hotel - A private residents' gym, a games room and an entertainment room, along with numerous communal areas where students can socialise with other like-minded residents.
Centrally located, students will find themselves close to local amenities, clubs and bars, as well as in good proximity to both universities and the train station.
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!
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, including the University of Glasgow, a member of the elite Russell Group universities and the fourth oldest in the English-speaking world. With so many students in the area, Glasgow universities can only guarantee accommodation for around 10% of its students. This means that 75% are looking for purpose build student accommodation such as Robert Owen House making for easy returns on your investment, with an amazing 8.17% net yield!
Financial Breakdown
Gross rent: £8,772
Service charge: £3,122
Lettings fees: £1,157
Net income: £4,493
Gross yield: 19.59%
Net yield: 10.04%
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-18452
Robert Owen House has a range of facilities on-site that would not look out of place in a boutique hotel - A private residents' gym, a games room and an entertainment room, along with numerous communal areas where students can socialise with other like-minded residents.
Centrally located, students will find themselves close to local amenities, clubs and bars, as well as in good proximity to both universities and the train station.
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!
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, including the University of Glasgow, a member of the elite Russell Group universities and the fourth oldest in the English-speaking world. With so many students in the area, Glasgow universities can only guarantee accommodation for around 10% of its students. This means that 75% are looking for purpose build student accommodation such as Robert Owen House making for easy returns on your investment, with an amazing 8.17% net yield!
Financial Breakdown
Gross rent: £8,772
Service charge: £3,122
Lettings fees: £1,157
Net income: £4,493
Gross yield: 19.59%
Net yield: 10.04%
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-18452
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