Studio apartment

St Andrew's Court, St. Andrews St, Glasgow G1 5PD

Size: 16.5 sqm

Purchase price

£48,000

Size: 16.5 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,865
Service charge £1,886
Lettings fees £563
Net income £3,416
Gross yield 12.22%
Net yield 7.12%

Tenanted student investment with a NET yield of 7.12%! Popular student development in this unique transformed Sherriffs Courthouse in Glasgow! **High yield investment opportunity**


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 offered fully furnished, and features a single bed, study area, fitted kitchen and ensuite. 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.

Glasgow is the 3rd biggest city in the UK outside London—bigger than Nottingham, Liverpool and Edinburgh with the student population reflecting this. Rental demand has been boosted by a shortage of student accommodation, as there are just 7,102 university-owned beds for a total student population of more than 45,000 in Glasgow.

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

Interested in this property? Enquire today to recieve further details upon this investment opportunity

Key features

Key features

Incredible NET yields in excess of 7%!

Key features

Tenanted for immediate returns to August 19

Key features

Popular student development

Key features

Managed by experienced agents - Fortis Lettings

Key features

Converted Sheriffs Courthouse

Key features

Fully furnished to a high spec

Key features

Private onsite residents gym

Key features

Ample communal space

Key features

Games room

Tenanted student investment with a NET yield of 7.12%! Popular student development in this unique transformed Sherriffs Courthouse in Glasgow! **High yield investment opportunity** More info...

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 offered fully furnished, and features a single bed, study area, fitted kitchen and ensuite. 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.

Glasgow is the 3rd biggest city in the UK outside London—bigger than Nottingham, Liverpool and Edinburgh with the student population reflecting this. Rental demand has been boosted by a shortage of student accommodation, as there are just 7,102 university-owned beds for a total student population of more than 45,000 in Glasgow.

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

  • Key features
    Tick Desktop Incredible NET yields in excess of 7%!
    Tick Desktop Tenanted for immediate returns to August 19
    Tick Desktop Popular student development
    Tick Desktop Managed by experienced agents - Fortis Lettings
    Tick Desktop Converted Sheriffs Courthouse
    Tick Desktop Fully furnished to a high spec
    Tick Desktop Private onsite residents gym
    Tick Desktop Ample communal space
    Tick Desktop Games room
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £5,865
Service charge £1,886
Lettings fees £563
Net income £3,416
Gross yield 12.22%
Net yield 7.12%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.