£39,995Guide Price
For more information please contact our team:
Pure Investor are delighted to present Studio 5.05 in Central House, a tenanted (£195.00 per week) student studio ideally located in the popular student city of Glasgow.
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.
Financials – Standard Studio 1.04 Central House
Price – £39,995.00
Currently tenanted at £230.00 per week
Estimated gross rental – £11,040.00 (48 wks at £230.00 per week)
Service charge – £4,567.00 per annum
Management fee – £1,430.78 (10.8% plus VAT) per annum
Ground rent – Not applicable (freehold property)
NET rental – £5,042.22 per annum
NET Yield – 12.6%
Accessible Unit – 27.3 square metres
Contact the team at Pure Investor today for full details of this excellent opportunity to invest in one of the UK’s leading student destinations.
