Studio for sale
Key information
Property description & features
- Tenure: Freehold
- Tenanted at £235.00 per week
- Spacious student studio (27.3 square metres)
- Generates a net rental yield of 8.0% per annum
- £5,154 approx. net rental income per annum
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
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on July 23, 2023
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on July 23, 2023
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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