Studio Flat For Sale, Clyde House, 14 Clyde Street, Glasgow G1

Description

We are pleased to present this fantastic student investment opportunity in Clyde House, Glasgow. The building is situated adjacent to the River Clyde and has been transformed to the region's most contemporary, high specification student accommodation. The student pod is offered fully furnished to a high standard fitting with the opulence of the building.

The development truly sets the standards of student accommodation and offers a private onsite resident's gym, two large common rooms as well as study rooms. The accommodation additionally benefits from a secure entry system, on site concierge and of course is close to the local universities. No surprise as to why this accommodation is so popular.

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, included the University of Glasgow, a member of the elite Russell Group universities and the fourth oldest in the English-speaking world.

With Glasgow being so popular the universities can only guarantee accommodation for around 10% of its students. This means that 75% are looking and will choose to stay in developments such as Clyde House, making this a fantastic investment opportunity with easy returns!
The rental figures are based on a 51 week contract, which is the average time a student would stay, in line with the academic year however please note they are not guaranteed.

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

Financial Breakdown

Gross rent: £5,865
Service charge: £1,380
Lettings fees: £774
Net income: £3,711
Gross yield: 11.73%
Net yield: 7.42%

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-07202

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Studio Flat For Sale £50,000 Clyde House, 14 Clyde Street, Glasgow G1

Studio Flat For Sale £50,000
Clyde House, 14 Clyde Street, Glasgow G1