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Property Listing Details

Studio for sale

St Andrew's Court, St. Andrews St, Glasgow G1

  • Sold subject to contract
  • Investment

£54,000

Property details

  • 1 bathroom

Listing view statistics

Last 30 days: 5 page views

Since listed: 1668 page views

Description

Originally used as a Sheriff's Courthouse, St. Andrew's Court has undergone an extensive refurbishment and is now used as high quality student accommodation. Despite its change of use, the building retains many of the original period features which give it a unique character a world away from standard student accommodation.

This self-contained studio is more than 18sqm, making it one of the best apartments in its category at St. Andrew's Court. Residents will benefit from the high specification of the apartments as well as the outstanding communal facilities which include a private on-site gymnasium and a communal games room with pool tables.

The development itself is right in the heart of Glasgow, close to both the university and all local amenities. The city centre is one of the most exciting places to be in the UK and residents are sure to appreciate the short journey from home! Public transport in Glasgow is also of a high standard, and trains from the city station travel to all the big cities.

This is a student investment and suitable for cash buyers only. Please contact today to avoid disappointment; this is a great addition to any Investor portfolio!

Financial Breakdown

Gross rent: £7,395
Service charge: £2,155
Lettings fees: £976
Net income: £4,264
Gross yield: 14.5%
Net yield: 8.36%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-0505

You could get

Superfast broadband Superfast broadband

Up to 40 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Argyle Street 0.3 miles
  • High Street (Glasgow) 0.3 miles
  • Blackfriars Primary School 0.6 miles
  • St Francis' Primary School & Nursery Class 0.7 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Argyle Street 0.3 miles
  • High Street (Glasgow) 0.3 miles
  • Blackfriars Primary School 0.6 miles
  • St Francis' Primary School & Nursery Class 0.7 miles

Market stats

Sale activity

Average estimated value for a flat in G1:

  • £186,572
  • Price increase

  • £5,937
  • (3.287%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £175,537
  • Properties sold

    187

Rental opportunities

Not known

Recent sales nearby

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Estimated running costs

Based on available 3rd party data

Approximate costs
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per month

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by The Royal Bank of Scotland and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Developer

Price history

Sold prices provided by Land Registry
31st Aug 2018 £54,000 Price reduced by £1,000
7th Jun 2018 £55,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.