Central House, 58 Jamaica Street, , Glasgow G14QG
YI

Central House, 58 Jamaica Street, , Glasgow G14QG

By yieldit

£ 40,000

Reviews

2 out of 5 stars

yieldit says ..

GENERATE A 9% NET YIELD WITH THIS HANDS OFF STUDENT INVESTMENT- CASH BUYERS ONLY! Central House is situated in the heart of Glasgow and is a great addition to any property portfolio, don't miss out and enquire today.

Property Oracle says ..

This studio flat at Central House, 58 Jamaica Street, Glasgow, is marketed as a student investment opportunity, promising a high net yield. The property’s central Glasgow location is a key advantage, with Glasgow Central station within walking distance, providing easy access to various parts of the city. The property itself is a compact studio flat. The included photos indicate a basic but reasonably functional space. The kitchen area features essential appliances while the room appears simply furnished. The overall condition is not excellent; the images show some wear and tear. The property is within a larger building, and exterior images do appear to suggest that the block is well-maintained. No information regarding amenities, parking, or service charges is readily available. Additional information on the size of the flat, service charges, and management of the building would be beneficial in completing a comprehensive assessment. While the location’s proximity to public transport is a significant positive, the absence of details on the property’s size and the overall condition suggests it could be a high-risk investment. While comparable properties are priced similarly, the lack of specific details regarding size and potential maintenance costs makes it impossible to provide a precise valuation or conclusive opinion on the price’s reasonableness. Further information regarding potential rental income as projected by the estate agent would be essential in better assessing the investment value, as the current details are insufficient for an exact assessment. Given the available information, the studio flat represents an interesting investment option that requires due diligence to evaluate its potential.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
1
Bedrooms
0
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
187,350.00 £
Decreased by 5.41 %
from 198,063.00 £
Average area rental value
1,626.00 £/mo
Increased by 1.75 %
from 1,598.00 £/mo
Est rental Yield
10.41 %
Increased by 7.54 %
from 9.68 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • yieldit marked this listing as sold.

  • yieldit created the listing.

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Adams Court Lane £ 44,00000.00 KM
Renfield Lane £ 000.00 KM
Maxwell Street £ 225,00000.00 KM
Argyll Arcade £ 000.00 KM
Coburg Street £ 50,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Glasgow Central9813GLC0.26 KM
Argyle Street9961AGS0.77 KM
Glasgow Queen Street9950GLQ0.87 KM
Anderston9965AND1.50 KM
Charing Cross (Glasgow)9911CHC1.57 KM

Nearby Listings

AddressPriceTypeScoreDistance
5/02, 58 Jamaica Street, Glasgow, Lanarkshire, G1 4QG £ 19,999BUY6 / 100.02 KM
Jamaica Street, Glasgow, G1 £ 45,000BUY7 / 100.03 KM
Jamaica Street, Glasgow, G1 £ 39,999BUY7 / 100.03 KM
Jamaica Street, Glasgow, G1 £ 39,950BUY9 / 100.03 KM
Jamaica Street, Glasgow, G1 £ 39,950BUYUnknown0.03 KM