Studio Flat For Sale £53,000
St. Andrews Street, Glasgow G1

Tenanted and fully managed freehold student studio for sale in Glasgow city centre. St Andrews Court is a hugely popular student development, offering close proximity to three major city centre universities, and an estimated 70,000 full time students. The development is fully managed by one of the UK's leading student property management companies.

Refurbished to a high standard by one of the UK's leading student property management companies, St Andrews is one of Glasgow's leading student developments. As a boutique student development, St Andrew's stands far above its counterparts due to the superior standard of living it provides for students studying at any of the Glasgow's prestigious universities.

Student units in Scotland are typically within high demand from investors, this is due to the fact that the majority of student do not pay tuition fees and as such there is likely to be considerable demand for the units we have available. These properties are also FREEHOLD.

Please note - There is extremely high demand for purpose-built student properties in Glasgow city centre, and at present the management company for St Andrews (Xenia) has a waiting list in excess of 400 students for a student studio in Glasgow.

Investment Highlights

Unit 1.07 - £53,000.00

£180.00 per week rolling tenancy (PRT Agreement)

Estimated Gross Rental (based on average 46 weeks) - £8,280.00 approx.

Service Charge - £3,416 per annum

Management Fee 11% plus VAT

Potential NET Rental Income - £3,771 per annum

Potential NET yield - 7.1%

Hugely popular destination for students and investors

Freehold property investment (no annual rent charges)

Higher than average rental yields

Within walking distance of all Glasgow Universities

Excellent communal facilities to attract students

No student tuition fees in Scotland, high disposable

Leading student management company in place

Fully tenanted every year since refurbishment

Full time caretake, CCTV and key card access to create a safe environment

Payment Plan

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

Remaining balance due on completion