Central House, Jamaica Street, Glasgow, G1 4QG
YI

Central House, Jamaica Street, Glasgow, G1 4QG

By yieldit

£ 39,000

Reviews

2 out of 5 stars

yieldit says ..

GENERATE A 11.3% 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 in Central House, Jamaica Street, Glasgow, presents a mixed bag. Its significant advantage lies in its excellent location in the heart of Glasgow city centre, offering unparalleled access to public transport via Glasgow Central station. This is ideal for students or young professionals seeking a central base. The property itself is functional, with a small kitchen and bathroom, and a bedroom area. However, based on the images, the property would benefit from some updating. The décor is quite basic, and the overall cleanliness and presentation could be improved. The absence of details regarding the property’s square footage makes it difficult to determine the price per square foot and compare it directly with other properties, but considering similar listings in the same building selling for similar prices, this property seems reasonably priced, although not a steal. The absence of land is a major drawback for some buyers, but for a studio in this central location, this is less important than other factors. This property may appeal more to investors or individuals interested in a central location but should be priced competitively to attract buyers with the expectation of some internal work or modernisation. The lack of school information nearby makes family suitability uncertain. The photos show a clean but unadorned unit, suggesting that modernising touches would be required to make it visually appealing to potential buyers. Overall, the property offers a convenient city-centre location but requires some work and updating to maximize its value and appeal.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
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

7-03Centralhouse2024-11-18__13-35-13_IMG_202411... 7-03Centralhouse2024-11-18__13-35-16_IMG_202411... 7-03Centralhouse2024-11-18__13-35-17_IMG_202411... 7-03Centralhouse2024-11-18__13-35-17_IMG_202411... 7-03Centralhouse2024-11-18__13-35-16_IMG_202411... 7-03Centralhouse2024-11-18__13-35-15_IMG_202411... 7-03Centralhouse2024-11-18__13-35-16_IMG_202411...

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