Studio

50-58 Jamaica Street, 
Glasgow, 
G1 4QG
Purchase price
£40,000
  • Tenanted
GENERATE A 9.27% NET YIELD WITH THIS HANDS OFF STUDENT INVESTMENT- CASH BUYERS ONLY! Central House is situated in the heart of Glasgow and is a great addition to any property portfolio, don't miss out and enquire today.
  • Financial Performance*
Gross rent
£9,020
Service charge
£4,140
Lettings fees
£1,172
Net income
£3,708
Gross yield
22.55%
Net yield
9.27%
  • Key Features
  • Oustanding investment opportunity
  • Cash buyers only
  • Generate an impressive return above 9% NET
  • Self contained student studio
  • Fully furnished
  • Ensuite and kitchenette included
  • Ideal location
  • Communal areas
  • Management in place
  • Don't miss out and enquire today

**PLEASE NOTE! Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property – cash buyers only need apply!

Central House is a centrally located student accommodation development, perfect for those attending the three nearby universities – the University of Glasgow, the University of Strathclyde or Glasgow Caledonian University.

In a city with the fifth-largest student population in the UK (at over 65,000), Central House helps to fill a significant deficit between supply and demand in Glasgow’s student accommodation sector. Aside from its central location in easy reach of the city’s 3 universities, Central House is also home to a number of shared facilities perfect for socialising, including communal lounge areas, laundry rooms and a state-of-the-art entertainment room.

The apartment itself is modern and fully furnished, providing an ideal studying environment which appeals to student tenants. Enquire today for more information on this fantastic investment opportunity.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Please note, under Scottish regulations these properties are rented using a Private Residential Tenancy (PRT) which is a 4-week monthly rolling contract. Figures are illustrative of a 44 week term in line with the academic year but are subject to change.

  • Financial Performance *
Gross rent
£9,020
Service charge
£4,140
Lettings fees
£1,172
Net income
£3,708
Gross yield
22.55%
Net yield
9.27%
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC
Energy Performance Rating