Central House, 58 Jamaica Street, , Glasgow G14QG
YI

Central House, 58 Jamaica Street, , Glasgow G14QG

By yieldit

£ 39,000

Reviews

2 out of 5 stars

yieldit says ..

GENERATE A 10.3% 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 listing presents a studio flat located in Central House, 58 Jamaica Street, Glasgow. The property is situated in a convenient location within the Anderston/City/Yorkhill area, boasting excellent proximity to Glasgow Central Station and several other railway stations. This makes it well-suited to students and young professionals seeking easy access to transportation. The building’s exterior appears well maintained from the provided image. However, the interior pictures reveal a basic studio flat that is minimally furnished and appears somewhat cluttered. The bathroom and kitchenette appear functional but could benefit from a thorough cleaning. The flat itself lacks any outdoor space, which is common for city center studio apartments. The price of £39,000 seems to be in line with other similar studio flats in the immediate vicinity, although a lack of detailed property information such as square footage makes a definitive assessment of value difficult. The marketing emphasizes the property’s high rental yield potential, primarily targeting cash buyers interested in investment opportunities. Overall, the property presents itself as an entry-level investment option or a starter flat in a convenient location, though potential buyers should factor in a cleaning and a potential minor refurbishment budget. The absence of square footage data is a significant drawback in conducting a thorough analysis and should be addressed by potential buyers directly with the estate agent.

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