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 the Glasgow’s prestigious universities. 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.
Accessible Studio 1.27 (21.3sqm) - £60,000 Accessible Student Studio Current Rental - £225.00 per week Gross rental income p.a. - £10,350.00 Annual service charge - £4,118.00 Estimated net rental income p.a. - £4,865.00 8.1% net rental yield Highly experienced student management company Hands-free, fully managed investment
Investment Highlights Hugely popular destination for students and investors Freehold property investment (no annual rent charges) Higher than average rental yields Within walking distance of all Glasgow Universities Excellent communal facilities to attract students No student tuition fees in Scotland, high disposable Leading student management company in place Fully tenanted every year since refurbishment Full time caretake, CCTV and key card access to create a safe environment
Payment Plan 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 Remaining balance due on completion
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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