Studio for sale in Jamaica Street, Glasgow G1

Fixed price £50,000
Interested in this property? Call +44 161 506 9750 * or

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Property description

Located right by Glasgow Central Station, with easy access to shops, restaurants and the city’s universities, Central House couldn’t be better located for student life. All units include their own kitchen, bathroom and study area – ideal if you’re looking for your own living space, free from distractions. Students also have access to communal facilities, including an onsite gym, games room and private outdoor terrace.

Fully managed by one of the uk's leading student property management companies, these two units are offer investors access to the hugely popular student residential sector in Scotland. As such, we would anticipate a considerable level of interest in these units from launch.

Investment Highlights - Central House
Unit 7.04 currently tenanted for 44 weeks at £132.50 p/w.
Unit 7.05 currently tenanted for 51 weeks at £118.80 p/w.

Unit 7.04
44 weeks x £132.50 = £5,830.00
Lettings fees = 8%
Service charge = £2,335.35 per annum
Net rental income per annum = £3,028.25 (6.05% net yield)
Freehold investment opportunity - Zero ground rent charges

Unit 7.05
51 weeks x £118.80 = £6,058.80
Lettings fees = 8%
Service charge = £2,335.35 per annum
Net rental income per annum = £3,238.75 (6.48% net yield)
Freehold investment opportunity - Zero ground rent charges

Reservation and Purchase Process
£2,000 reservation fee (fully refundable up to completion)
Balance on completion

Nearby transport

  • Glasgow Central (0.2 miles)
  • Argyle Street (0.3 miles)
  • Glasgow Queen Street (0.5 miles)
  • Glasgow Airport (6.9 miles)
  • Glasgow Prestwick Airport (27.3 miles)
  • Edinburgh Airport (35.2 miles)
  • Glasgow Central Station Bridge Ferry Landing (0.1 miles)
  • Broomielaw Quay Ferry Terminal (0.2 miles)
  • Plantation Quay Ferry Landing (1.3 miles)

Nearby schools

View all schools in Glasgow City
  • St Aloysius' College Junior School (0.7 miles)
  • Garnetbank Primary School (0.7 miles)
  • Anderston Primary School (0.8 miles)
  • City of Glasgow College - City Campus (0.5 miles)
  • City of Glasgow College - City Campus Charles Oakley (0.5 miles)
  • Stow College (0.8 miles)
  • St Aloysius' College (0.7 miles)
  • The Glasgow Academy (1.5 miles)
  • Hospital Education Service (1.7 miles)
Note: Distance is shown as a straight line measurement

Local info for Glasgow City

About the neighbours in G1

For more information about this property, please contact
Hopwood House Ltd, M34 on +44 161 506 9750 * (local rate)

Contact Hopwood House Ltd about this property

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hopwood House Ltd, and do not constitute property particulars. Please contact Hopwood House Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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