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Studio Flat For Sale £64,400
Jamaica Street, Glasgow G1


Description

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


  • Financials - Deluxe Studio 1.04 Central House
  • Price - £64,400
  • Currently tenanted at £235.00 per week
  • Estimated gross rental - £11,280.00 (48wks at £230.00 per week)
  • Service charge - £4,636.00 per annum
  • Management fee - 11% (plus VAT) per annum
  • Ground rent - Not applicable (freehold property)
  • NET rental - £5,154.08 per annum
  • NET Yield - 8.0%
  • Accessible Unit - 27.3 square metres

Located right by Glasgow Central Station, with easy access to shops, restaurants and the city’s universities, Central House couldn’t be better located for student life.

All units include their own kitchen, bathroom and study area – ideal if you’re looking for your own living space, free from distractions. Students also have access to communal facilities, including an onsite gym, games room and private outdoor terrace.

Fully managed by one of the UK's leading student property management companies, these two units are offer investors access to the hugely popular student residential sector in Scotland. As such, we would anticipate a considerable level of interest in these units from launch.


Purchase Process

Reserve your unit with a signed reservation form

Provide certified ID, proof of address and proof of funds to Pure Investor

Pay a £2,000 non-refundable reservation fee

Solicitors instructed

Remaining balance due on completion 


Follow the link for more information:
        
onthemarket.com

  
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