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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

St Andrews Court - City Centre Student Accommodation Glasgow (Xenia Apartments). Deluxe Second Floor Apartment in Glasgow’s highly sought-after Merchant City area. Parking Area.

Range of on Site amenities. Caledonian University and the University of Strathclyde are within 10 minute walk from the building. Self contained apartment with kitchen and bathroom.

Located on St Andrews Street, students at St Andrews Court have the desirable area of the Merchant City on their door-step. Rental £220 per week - £880 per month. 51 week per annum occupancy option.

House prices in G1 5PA have an overall average of £44,054 over the last year. Sale - Flat 2/24, 21, St Andrews Street, Glasgow, G1 5PA sold for £65,000 (Studio Flat). Tenanted student investment.

The location provides immediate access to Glasgow City Centre amenities, Glasgow Green, and major transport hubs including Queen Street and Central Stations along with excellent road links.

*** Investment opportunity in Glasgow’s highly sought-after Merchant City location *** Popular and well maintained development. Purpose built serviced apartment on the second floor of a converted four storey and basement level traditional building containing approximately one hundred and twenty three flatted dwellings along with concierge management and communal services. The property has a communal entrance and there is a lift. The building is currently used as student accommodation having been converted from former commercial usage. Built circa 1880 and converted circa 2013. Residents enjoy access to an impressive range of on-site amenities, including a gymnasium, cinema room, games room, laundry facilities, WiFi, and parking. The property is perfectly positioned within a 10-minute walk of Glasgow Caledonian University, the University of Strathclyde, City of Glasgow College, and the Glasgow School of Art, ensuring consistently high demand from both students and young professionals. Monthly management and factoring fees are payable to Xenia, who are responsible for the day-to-day management of the property and the maintenance of the building. These charges may vary, and further details should be obtained directly from Xenia.

Tenancy Details

Type of Agreement: Basic Lease
Length: Annual
Rent: £11,440 per year / £953 per month
Yield: 38% (approx)
Tenant: Private Individual
Notes: Currently tenanted for this academic year at £220 per week.

Maps & Location

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Located on St Andrews Street, students at St Andrews Court have the desirable area of Merchant City on their door-step. Both Caledonian University and the University of Strathclyde are less than 10-minutes walk from the building, and with Argyle Street Station close by, students can also travel to the West End and the University of Glasgow in under 20 minutes. Originally used as a Sheriff's Courthouse, St. Andrew's Court has undergone an extensive refurbishment and is now used as high quality student accommodation. Despite its change of use, the building retains many of the original period features which give it a unique character - a world away from standard student accommodation. Residents will benefit from the high specification of the apartments as well as the outstanding communal facilities which include a private on-site gymnasium and a communal games room with pool tables. The development itself is right in the heart of Glasgow, close to both the university and all local amenities. The city centre is one of the most exciting places to be in the UK and residents are sure to appreciate the short journey from home! Public transport in Glasgow is also of a high standard, and trains from the city station travel to all the big cities.

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Pricing Information & Bidding

Opening Bid: £30,000

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).

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Terms & Conditions 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)

  • Use our DEPOSIT CALCULATOR to confirm the reservation deposit & buyers fee for this property at a specified bid level.

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    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 for each property which may differ in deposit amount, completion and buyers fee.

    * 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.

General Terms & Conditions of Sale
Lot Specific Terms - 21St Andrews Court, Flat 2-31, Glasgow






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