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Property Listing Details

Property details

  • 1 bathroom
  • 1 reception room

Listing view statistics

Last 30 days: 691 page views

Since listed: 9340 page views

Description

**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 close to all that the city has to offer as well as being also conveniently located near all three of Glasgow’s premier universities — the University of Glasgow, the University of Strathclyde and Glasgow Caledonian University.

Central House is perfectly designed with a student tenant in mind. The apartments feature study space complete with a desk and chair, furniture, ample storage space, a fully-fitted kitchenette and separate en-suite bathroom.

In addition, Central House has a range of facilities on-site that would not look out of place in a boutique hotel - a private resident’s gym, a games room and an entertainment room along with numerous communal areas where students can socialise with other like-minded residents.

This is a fantastic investment opportunity for either new or experienced landlords and benefits from block management already in place so that you know your investment is in safe hands!

Financial Breakdown

Gross rent: £5,125
Ground rent: £0
Service charge: £2,422
Lettings fees: £677
Net income: £2,026
Gross yield: 13.67%
Net yield: 5.4%

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-12084

You could get

Fast broadband Fast broadband

Up to 12.7 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Glasgow Central Station Bridge Ferry Landing 0.1 miles
  • Glasgow Central 0.2 miles
  • St Patrick's Primary School 0.6 miles
  • St Aloysius College 0.7 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Glasgow Central Station Bridge Ferry Landing 0.1 miles
  • Glasgow Central 0.2 miles
  • St Patrick's Primary School 0.6 miles
  • St Aloysius College 0.7 miles

Market stats

Sale activity

Average estimated value for a flat in G1:

  • £178,314
  • Price increase

  • £4,855
  • (2.799%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £179,346
  • Properties sold

    91

Rental opportunities

£728 pcm

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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The Developer

Price history

Sold prices provided by Land Registry
26th Feb 2020 £37,500 Price reduced by £2,500
22nd May 2019 £40,000 Price reduced by £4,999
8th Jan 2019 £44,999 Price reduced by £10,001
19th Sep 2018 £55,000 Price reduced by £4,950
25th Jul 2018 £59,950 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.