Perfectly situated in the heart of Glasgow City Centre, accommodation at Clyde House is always in high demand. Hugely popular with investors, these studios rarely reach the market and with a yield of 7%, this is a brilliant investment opportunity!
The Perfect Base
• Clyde House is a beautiful period building in a fantastic location on the banks of the iconic River Clyde. • Refurbished in 2004, this luxury student accommodation is expertly managed by Primo-Property, ensuring tenants experience safe and secure living spaces whilst investors enjoy hands-free rental returns. • A perfect base for three of Glasgow’s most popular universities; Strathclyde, Caledonian and the School of Art, as well as being a stone’s throw from the Riverside City of Glasgow College. • A short stroll to Glasgow Central Railway Station, Queen Street Railway Station, St Enoch’s Underground and Glasgow’s Buchanan Street Bus Station. • Adjacent to Glasgow Green, a popular venue for music concerts and festivals.
• A Deluxe Studio, previously privately owned, and in excellent condition (23sqm) • 4ft double bed, with fitted wardrobe, drawer storage, full length mirror and a comfortable chair. • Study desk with high speed wi-fi internet connection. • Wall-mounted LED TV. • En-suite shower room, with power shower and body jets. • Separate kitchenette area, with built-in fridge and microwave oven, dining table and chairs.
State-of the-Art Student Living
• Daily concierge services • Electronic key-fob access • Private resident’s free gymnasium • Games room • Two common rooms • Quiet study room • Laundry facilities
Gross rent: £5,625 Service charge: £1,231 Lettings fees: £540 Net income: £3,854 Gross yield: 11.25% Net yield: 7.71%
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.
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The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.