Bath Street, Glasgow G2 2EE
By yieldit
£ 60,500
yieldit says ..
CASH BUYERS ONLY - This is a premium self-contained studio on the first floor that offers students ample private space, including an en-suite bathroom, kitchen, study area, smart TV and storage.<br /><br />Robert Owen House has a range of facilities on-site that wouldn't look out of place in a boutique hotel - including 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.<br /><br />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.<br /><br />This is a fantastic investment opportunity for either new or experienced landlords and already has block management in place so you know that your investment is in good hands.<br /><br />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, including the University of Glasgow, a member of the elite Russell Group 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 an estimated 75% are looking for purpose build student accommodation such as Robert Owen House making for easy returns on your investment, with an amazing 7.51% NET yield!<br /><br />**Please Note: These images may not be a representative of the actual apartment, they are for marketing purposes only**<br /><br />Please note, under Scottish regulations these properties are rented using a Private Residential Tenancy (PRT) which is a 4-week monthly rolling contract. Figures are illustrative of a 51 week term in line with the academic year but are subject to change.<br /><br /> Financial Breakdown<br /><br /> Gross rent: £8,060 <br /> Service charge: £2,452 <br /> Lettings fees: £1,064 <br /> Net income: £4,544 <br /> Gross yield: 13.32% <br /> Net yield: 7.51% <br /> <br /> 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.<br /><br /> <br /> <br /> yieldit ref: YL-17380
- Bedrooms
- 0
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 187,350.00 £Decreased by 5.41 %
- Average area rental value
- 1,626.00 £/moIncreased by 1.75 %
- Est rental Yield
- 10.41 %Increased by 7.54 %
- Crime Rate
- 0.00 %
Agent Activity
yieldit created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Renfield Lane | £ 0 | 0 | 0.00 KM |
| Renfrew Lane | £ 0 | 0 | 0.00 KM |
| Port Dundas Place | £ 0 | 0 | 0.00 KM |
| Dundas Street | £ 0 | 0 | 0.00 KM |
| Adams Court Lane | £ 44,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Glasgow Central | 9813 | GLC | 0.46 KM |
| Glasgow Queen Street | 9950 | GLQ | 0.77 KM |
| Argyle Street | 9961 | AGS | 1.11 KM |
| Charing Cross (Glasgow) | 9911 | CHC | 1.28 KM |
| Anderston | 9965 | AND | 1.47 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Bath Street, Glasgow, G2 | £ 55,000 | BUY | Unknown | 0.00 KM |
| Robert Owen House, 87 Bath Street, Glasgow, G2 2EE | £ 50,000 | BUY | 6 / 10 | 0.01 KM |
| Bath Street, Glasgow, G2 | £ 55,000 | BUY | 5 / 10 | 0.05 KM |
| Bath Street, Glasgow, Glasgow City, G2 | £ 45,000 | BUY | 5 / 10 | 0.05 KM |
| Bath Street, Glasgow, Glasgow City, G2 | £ 50,000 | BUY | 5 / 10 | 0.05 KM |