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Studio Flat For Sale £58,000
Clyde Street, Glasgow G1


Description

Pure Investor are delighted to present Clyde House, a completed and tenanted student development ideally located in the popular student city of Glasgow.

Perfectly situated in the heart of Glasgow city centre, the new Clyde House development offers a selection of high-quality ensuite studio units, just a short walk from the University of Strathclyde and just over 10 minutes walk from Queen Street station.

Clyde House is fully managed by Primo Property Management, and they are responsible for the day-to-day management of the building as well as all lettings and tenancy-related activity.  

Unit 63 - Investment Breakdown

  • Unit Breakdown - Studio 63
  • Studio 64 - £58,000
  • Tenanted at £150 per week for 51 weeks (2023-24)
  • Gross rental - £7,650.00
  • Service charge - £1,687.91
  • Management fee - £1,010.00
  • Net rental - £4,950.00
  • Net Yield - 8.5%


Purchase Process

1. Complete a reservation from to secure the unit and provide AML documents

2. Pay a £2,000 non-refundable reservation fee

3. Solicitors instructed

4. Balance due on completion (less reservation fee paid)


Onsite Facilities

  • Large lounge/communal area
  • Secure cycle storage
  • CCTV in communal areas
  • Electronic key fob access
  • Free access to the fully equipped gym
  • Communal reading/study room
  • Landry facilities
  • Onsite staff
  • Free high speed WIFI for tenants


Follow the link for more information:
        
onthemarket.com

  
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