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Comprising of almost 500 stylish student properties, this £70 million Glasgow project not only represents the 10th Vita Student project but the largest development to date.Situated in the extremely desirable and exclusive West End, just a few minutes’ walk from the University of Glasgow, this project occupies an enviable location in the UK’s 3rd largest university city totalling approximately 80,000 students. Due to the fact that the vast majority of students studying in Glasgow are not paying tutition fees in Scotland, Glasgow student property yields are currently some of the highest in the country.
The development will comprise of 473 spacious studios, and 28 4-bedroom clusters.
Vita Student Glasgow is set to again provide a stylish and superior level of student accommodation comprising full communal facilities across a two-storey Vita Student Hub, whilst continuing to provide the student tenants with the unparalleled Vita Student experience.
Vita Glasgow - Investment Highlights
Fully managed investment with contractually assured 35% NET return over 5 years
100% tenancy achieved across all residences, proving the demand from students
Glasgow is independently qualified as a student property investment hotspot
Located less than 500m from the University of Glasgow in the high-performing West End
Vita Glasgow - Payment Process
£5,000.00 reservation fee
25% paid at exchange of contracts
25% paid in January 2016
Balance paid in September 2016 on completion
Why Invest In Student Property In Glasgow?
Home to over 80,000 full time students across four major universities, Glasgow has been independently recognised as one of the UK’s most opportune student investment locations. This is due to a combination of huge international demand for some of the UK’s most prestigious universities and an existing undersupply of high-quality purpose-built accommodation. All units sold on Vita Glasgow will be sold on a freehold basis.
As many of the students studying in Glasgow are either not paying tuition fees or are part of the growing affluent overseas market, the quality of accommodation is going to be more pertinent than in almost any other UK city.
Despite the huge numbers of students there is a massive undersupply of purpose-built accommodation, with 75% forced to live in HMOs. As many students do not pay tuition fees in Scotland, they have more disposable income than elsewhere in the UK.
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