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

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 a purpose-built student development, and all units within the building are fully managed by Primo Student Property Manaagement. As such, Clyde House is the perfect opportunity for investors seeking a fully hands free investment in the Scottish student market.

Financials - Studio 53 Central House

Price - £50,000

New tenancy confirmed starting September 2023 at £135.00 per week

Estimated gross rental - £6,210.00 (46wks at £135.00 per week)

Service charge - £1,600.00 per annum

Management fee - 11% (plus VAT) per annum

Ground rent - Not applicable (freehold property)

NET rental - £3,790.28 per annum

NET Yield - 7.6%