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Central House

Glasgow, United Kingdom

Investment Type: STUDENT

Est. Completion: AVAILABLE

Classic Studio 5.07

£36,000.00

Deluxe Studio 3.06

£51,850.00

1.04 - Accessible Studio

£64,400.00

  • Tenanted studios available from just £45,800
  • Freehold Investment Property
  • 10.8% NET Yield (£3,897.24 net per annum)
  • Leading Student Management Company In Place
Purchase Process

Financials - Deluxe Studio 1.04 Central House

  • Price - £64,400
  • Currently tenanted at £235.00 per week
  • Estimated gross rental - £11,280.00 (48wks at £230.00 per week)
  • Service charge - £4,636.00 per annum
  • Management fee - 11% (plus VAT) per annum
  • Ground rent - Not applicable (freehold property)
  • NET rental - £5,154.08 per annum
  • NET Yield - 8.0% 
  • Accessible Unit - 27.3 square metres 

Financials - Premium Studio 5.07 Central House

  • Price - £36,000
  • Currently tenanted at £195.00 per week
  • Estimated gross rental - £8,970.00 (46wks at £195.00 per week)
  • Service charge - £4,104.00 per annum
  • Management fee - 10.8% (plus VAT) per annum = £968.76
  • Ground rent - Not applicable (freehold property)
  • NET rental - £3,897.24 per annum
  • NET Yield - 10.8% 
  • Accessible Unit - 15.3 square meters 

46 weeks is estimated due to the Scottish tenancy laws. 

Financials - Premium Studio 3.06 Central House

  • Price - £51,850
  • Currently tenanted at £210.00 per week
  • Estimated gross rental - £9,660.00 (46wks at £210.00 per week)
  • Service charge - £4,104.00 per annum
  • Management fee - 11.0% (plus VAT) per annum = £1,275.12
  • Ground rent - Not applicable (freehold property)
  • NET rental - £4,280.88 per annum
  • NET Yield - 8.25% 

46 wks is estimated due to the Scottish tenancy laws. 

Central House - Overview

Pure Investor are delighted to present Central House, a fully completed development ideally located in the popular student city of Glasgow.

Located right by Glasgow Central Station, with easy access to shops, restaurants and the city’s universities, Central House couldn’t be better located for student life.

All units include their own kitchen, bathroom and study area – ideal if you’re looking for your own living space, free from distractions. Students also have access to communal facilities, including an onsite gym, games room and private outdoor terrace.

Fully managed by one of the UK's leading student property management companies, these two units are offer investors access to the hugely popular student residential sector in Scotland. As such, we would anticipate a considerable level of interest in these units from launch.

Purchase Process

  • Reserve your unit with a signed reservation form
  • Provide certified ID, proof of address and proof of funds to Pure Investor
  • Pay a £2,000 non-refundable reservation fee
  • Solicitors instructed
  • Remaining balance due on completion

Central House - Key Points

Location

Location

Glasgow, United Kingdom

Price

Price

£36,000.00

Video - Central House

Development Availability

PropertySizeBedroomsPriceEnquire
Classic Studio 5.0721.0 square metres-£36,000.00Enquire
Deluxe Studio 3.06--£51,850.00Enquire
1.04 - Accessible Studio--£64,400.00Enquire

Central House - Construction Updates

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Looking to Sell

Looking to sell your tenanted buy to let property?

Are you considering selling your property with sitting tenants?

Concerned about losing rental income, or paying expensive utility bills for 4-5 months whilst you sell? We specialise in selling properties with tenants in situ, often saving the landlord thousands of pounds in lost rental income.

  • Specialists in selling tenanted properties in the UK.
  • Database of over 30,000 experienced property investors, actively seeking tenanted properties to add to their portfolio.
  • Experienced in working with tenants and lettings agents to ensure smooth transition and good communication throughout.
  • Generate rental income right up to completion of sale and avoid expensive void periods during sales and legal process.

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Need some help? Request a FREE call back today.

Whether you're a seasoned investor or considering your first property investment, our experienced team are here to help. Arrange a FREE call back from one of our team!

Free Call Back

Call our team today on +44 (0) 161 337 3890

Why Invest

Why Invest in Glasgow

Scotland is famed for its resilience in the face of adversity and this reputation extends to its resilient economy. In the past two decades, Scotland has shown consistently positive GDP growth, mimicking the trend of the Greater UK.

Glasgow has gradually climbed to the position of third most populous city in the United Kingdom, after London and Birmingham, and is now home to over 633,000 people with the population of the Greater Glasgow Metropolitan Area standing at an impressive 1.7 million and expected to continually grow at the same rate as the iconic cities of New York, Los Angeles and Paris.

Glasgow also has one of the fastest growing house price rates in the UK with prices having grown by another 1% in Q4 of 2019 compared to the year before. Despite this homes are still on average £100,000 cheaper than Edinburgh, providing a strong and exciting investment opportunity.

  • Projected sales price growth in Glasgow over the next 5 years: 15.4%
  • Glasgow City households are expected to increase by 7.4% to 2026
  • Average rent per calendar month: £860
  • The Glasgow economy is set to grow as strongly as Edinburgh’s over the next five years (Source - JLL)

Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 660 8261.

We look forward to hearing from you!

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