Studio

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Studio

Central House, Jamaica Street, Glasgow G1
£38,000

Our Summary

  • 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
  • Enquire today for more information on this fantastic investment opportunity
  • Cash buyers only

Description

Central House is a modern student accommodation development located in the heart of Glasgow, within walking distance of three nearby universities. The property is designed for students, with shared facilities such as communal lounge areas, laundry rooms, and an entertainment room. The apartment is fully furnished and provides an ideal studying environment. As an investment opportunity, it offers a gross yield of 22.11% and a net yield of 8.39%. However, please note that this property is only eligible for cash buyers and cannot be financed with a mortgage, and the rental agreement is a 4-week monthly rolling contract.