0 Bedrooms Studio for sale in 21 St Andrews Street, Glasgow G1 | £ 48,500

Property Description

Recently 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. A superb hands free, freehold investment opportunity which offers immediate rental returns.

Student units in Scotland are typically within high demand from investors, and as such there is likely to be considerable demand for this unit.

Unit 3.22 - Investment Breakdown
17.6 sq m
£119.50 x 51-week tenancy agreement = £5975 gross per annum
Minus lettings fees = £5,975.00
Minus management/service charges of £1,885 per annum
Net rental income of £3372 per annum
7% net yield
Hugely popular destination for students and investors
Freehold property investment (no annual rent charges)
No student tuition fees in Scotland
Leading student management company in place
Three major universities in Glasgow

Location - Glasgow
St Andrews is perfectly located in the heart of Glasgow city centre, within easy walking distance of three major universities as well as a huge selection of shops, cafes and restaurants. Glasgow has long been the destination of choice for many students, primarily due to the fact that the majority of students in Scottish universities pay zero tuition fees.

Purchase Process
1. Complete the reservation form and pay the £2,000 reservation fee
2. Instruct solicitors and receive legal and sales pack
3. Pay the remaining balance on completion of contracts

Property Location

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