Description
- Status: Available
- Type: Flat
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 5
- Council Tax: Search
*** PORTFOLIO INVESTMENT OF 5 STUDENT APPARTMENTS *** PRIME LOCATION IN GLASGOW CITY CENTRE. Turnkey investment, all professionally managed by Xenia Student Accomodation. *Gross Rental Income £26,400*
Prime loacations close to Universities in the heart of popular professional & student area. Popular location with Strathclyde and Caledonian Universities in walking distance.
***COMBINED RICS HOME REPORT TOTAL VALUE OF £261,000*** Fantastic hassle free investment, gross rental income return of £26,400per annum based on 48 weeks occupancy
ALL 5 Properties benefit from a residents' gym, games room and an entertainment room along with numerous communal areas where students can socialise with other like-minded residents. Leasehold Sale.
*** PORTFOLIO INVESTMENT OF 5 STUDENT APPARTMENTS *** PRIME LOCATION IN GLASGOW CITY CENTRE. Turnkey investment, all professionally managed by Xenia Student Accomodation. *Gross Rental Income £26,400* PERFECT BUY TO LET PORTFOLIO ADDITION with THREE settled tenants in place with immediate rental income. MANAGED by Xpedia, PERFECT INVESTMENT PROPERTIES. Opportunity to improve yield by let of two vacant appartments. Prime loacations close to Universities in the heart of popular professional & student area. Popular location with Strathclyde and Caledonian Universities in walking distance. ***COMBINED RICS HOME REPORT TOTAL VALUE OF £261,000*** Fantastic hassle free investment, gross rental income return of £26,400per annum based on 48 weeks occupancy ALL 5 Properties benefit from a residents' gym, games room and an entertainment room along with numerous communal areas where students can socialise with other like-minded residents. Leasehold Sale. Cash purchase required. PORTFOLIO COMPRISES:- Flat 7-08 Central House, 50-58 Jamaica Street, Glasgow G1 4QG; Flat 2-04 Robert Owen House, 87 Bath Street, Glasgow G2 2EE; Flat 1-14, St. Andrews Court, 21 St. Andrews Street, Glasgow G1 5PA; Flat 1-11 Robert Owen House, 87 Bath Street, Glasgow G2 2EE; Flat 7-07 Central House, 50-58 Jamaica Street, Glasgow G1 4QG.
Glasgow is Scotland’s largest and most populous city, and is also Scotland’s commercial capital. The City of Glasgow is the third most populous city in the UK and is also the UK’s largest retail capital after London. With a population of 635,000 people (2022) located within the wider metropolitan region of 1.85m people, Glasgow’s economy is diverse with key areas including financial services, technology and tourism.
Full Address: Investment Porfolio of Properties, Glasgow City Centre, Glasgow, G1 5PA
Show MoreMap & Location
Map Street View SatelliteTenancy Details
Type of Agreement: Private Residential Tenancy (PRT)Length: Rollng
Rent: £26,400 per year / £2,200 per month
Yield: 13% (approx)
Tenant: Private Individual
Notes:
Document Downloads
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
* Click the above 'Pending' document link to log your request and we will notify you once available.
Pricing Information & Bidding
Opening Bid: £200,000
What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price). How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.View Live Online Auction
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Terms of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
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Auction Details
Type: Timed Online Auction
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