St. Andrews Street, Glasgow, G1
- PROPERTY TYPE
Studio
- SIZE
198 sq ft
18 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- **Buy To Let Only** Cash Buyers**
- Fully managed, hands free student investment
- City centre location, close to three major universities
- Freehold student property
Description
Student units in Scotland are typically within high demand from investors, this is due to the fact that the majority of student do not pay tuition fees and as such there is likely to be considerable demand for the units we have available. These properties are also FREEHOLD.
Investment Highlights
Premium Studio 2.18 - £39,995.00
Spacious 'Premium Student Studio'
Currently tenanted at £147.00 per week
Service Charge £3904
Lettings Fee £893
Yield 4.9%
Premium studios now advertised at £195 per week
With an increased Yield up to 10.02% !!
Opportunity for a significant increase in rental income
Below Scottish stamp duty threshold (£40,000)
Highly experienced student management company
Hands-free, fully managed investment
Key to the appeal of this large studio is the considerable opportunity for increased rental income once the current tenancy has come to an end. Whilst the studio is currently tenanted at £147.00 per week, generating a modest 4.5% net rental income, Premium Studios at St Andrews Court are today marketed (for the new academic year starting September 2024) at £195 per week.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
St. Andrews Street, Glasgow, G1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Argyle Street Station0.3 miles
- High Street (Glasgow) Station0.3 miles
- St. Enoch Station0.4 miles
About the agent
Pure, Manchester
125 Deansgate, Manchester, M3 2LH
Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.
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Visit our security centre to find out moreDisclaimer - Property reference PURGLASTA218. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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