£56,000

Studio for sale

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Under offer
Freehold

£56,000

Studio for sale

Robert Owen House, 87 Bath Street, Glasgow G2

1 bath
1 reception
EPC rating: B

Key Information

Tenure:
Freehold
Council tax band:

Local area information

Property location

Nearby amenities

  • St Aloysius College 0.3 miles
  • Glasgow Central 0.3 miles
  • Glasgow Queen Street 0.3 miles
  • Garnetbank Primary School 0.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Glasgow to find out more about the local area.

Features and description

  • Freehold
  • Invest in high quality student accommodation
  • Self contained premium studio
  • Fully furnished
  • Anticipated returns in the region of 9-10% net
  • Ensuite and kitchenette included
  • First class on site amenities
  • Excellent location
  • Extremely popular development
Robert Owen House, 87 Bath Street, Glasgow, G2 2EE

Cash buyers only - anticipated returns in the region of 9-10% net! This is a premium self-contained studio on the 4th floor that offers students ample private space, including an en-suite bathroom, kitchen, study area, smart TV and storage.

Robert Owen House has a range of facilities on-site that wouldn't look out of place in a boutique hotel - A private residents' gym, a games room and an entertainment room, along with numerous communal areas where students can socialise with other like-minded residents. Centrally located, students will be close to a number of local amenities, including clubs and bars. The development is also in good proximity to both universities and the train station. 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!

Glasgow is a city synonymous with higher education. There is no area in the UK outside of London with more universities than Glasgow. It has six acclaimed institutions, included the University of Glasgow, a member of the elite Russell Group universities and the fourth oldest in the English-speaking world. With so many students in the area, Glasgow Universities can only guarantee accommodation for around 10% of its students. This means that 75% are looking for purpose build student accommodation such as Robert Owen House making for easy returns on your investment, with incredible returns!

Please note: The figures are based on a provisional booking for the next academic term. The service charge figures are for the year 2023/2024 and are due to be reviewed in September and therefore this could be subject to change.

Financial Breakdown

Gross Rent: £10,340.00
Net income: £5,519.29
Gross yield: 19.88%
Net yield: 10.61%
Please contact agent for full financial breakdown.

Important note to purchasers: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-07818

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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.

  1. Zoopla
  2. For sale
  3. Glasgow
  4. Glasgow City Centre
  5. Bath Street

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