Studio for sale
Key information
Property description & features
- Tenure: Freehold
- Freehold student property
- Close proximity to 3 leading universities
- Fully managed and hands free investment property
- 8.0% NET rental yield per annum
- Current tenanted at £200.00 per week
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. As a boutique student development, St Andrew's stands far above its counterparts due to the superior standard of living it provides for students studying at any of the Glasgow's prestigious universities.
Student units in Scotland are typically within high demand from investors, this is because 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.
Premium Studio G.07 - £51,000
- Premium Student Studio
- Current Rental - £200.00 per week (tenancy started 04/04/23)
- Estimated gross rental income p.a. - £9,200.00
- Annual service charge - £3,903.65
- Annual management fee - £1,214.40
- Estimated net rental income p.a. - £4,081.95
- 8.0% net rental yield
- Highly experienced student management company
- Hands-free, fully managed investment
St Andrews Court - Investment Highlights
- Hugely popular destination for students and investors
- Freehold property investment (no annual rent charges)
- Higher-than-average rental yields
- Within walking distance of all Glasgow Universities
- Excellent communal facilities to attract students
- No student tuition fees in Scotland, and high disposable
- Leading student management company in place
- Fully tenanted every year since refurbishment
- CCTV and key card access to create a safe environment
Payment Plan
- 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
- Remaining balance due on completion
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on January 9, 2024
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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 January 9, 2024
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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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