Invest in Central House, Glasgow for just £40,000

Unit 4:05 is currently vancant which can be an opportunity to purchase for self occupancy (if a student) or as an investment. 

Katie Thompson | 30th June 2021

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.

Investment Highlights

• Purchase price of just £40,000
• Fully managed, hands free investment opportunity
• Leading student management company in place
• Freehold Property
• Central Location
• 65,000 students in Glasgow across 3 Universities
• Earn up to 5.6% NET yields when tenanted  

Onsite Facilities

• Social Areas
• Laundry Room
• Onsite Management
• Outdoor Terrace
• Free Wi-Fi
• CCTV in Operation
• Allow Dual Occupancies

Unit 4:05 - £40,000

• Potential tenancies: £130 per week for 41 weeks
• Potential gross rental: £5,330 per annum
• Service charge: Estimated £2,400 per annum
• Lettings Fee: 11% + VAT
• Potential NET rental: £2,226.44 per annum

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