£52,000 /Sale price

Refurbished to a high standard by one of the UK's leading student property management companies, St Andrews is one of Glasgow's leading student developments. As a boutique student development, St Andrew's stands far above its counterparts due to the superior standard of living it provides for students studying at any of Glasgow's prestigious universities. Studio G26 St Andrews Court - Financial Breakdown Estimated rental income of 48 weeks x £200.00 = £9,600.00 gross rental income per annum Lettings and management fee of 11% plus VAT = £1,267.20 Service charge per annum = £3,778.73 Estimated total net annual income = £4,554.07 Estimated 8.8% net yield per annum Student units in Scotland are typically within high demand from investors, this is due to the fact that the majority of student do not pay tuition fees and as such there is likely to be considerable demand for the units we have available. These properties are also FREEHOLD. Please note - There is extremely high demand for purpose-built student properties in Glasgow city centre, and at present the management company for St Andrews (Xenia) has a waiting list in excess of 400 students for a student studio in Glasgow.