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£39,000

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50-58 Jamaica Street, 4-05, Glasgow, G1 4NN

Residential

flat

apartment

Occupied

1

bed

1

bath

1

reception

Freehold

Turnkey investment opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this one-bedroom student accommodation apartment located within a prime location in Glasgow.

  • **Property with gross rental income return of £11,280 per annum based on 48 weeks occupancy**

  • This property offers a remarkable investment opportunity with a gross return of £11,280 per annum, based on 48 weeks paying £235 per week which would make an exceptional annual gross yield based on the guide 

  • As a TURNKEY INVESTMENT, the apartment has been completed to a high standard and is uniquely positioned in an area experiencing incredible rental growth.

  • Jamaica Street is ideally situated near St Enoch's Centre in the city centre, offering quick access to all amenities. The proximity to St Enoch subway station and Glasgow Central rail station ensures excellent public transport links.

PRIME NEW LISTING. We are excited to present this one-bedroom student accommodation apartment located within a prime location in Glasgow.

The property comprises a spacious double studio on the fourth floor, featuring a well-equipped kitchen, modern bathroom, and comfortable study area. Communal spaces include a cinema room, laundry room, and a private gym, enhancing both comfort and convenience for residents.

This property offers a remarkable investment opportunity with a gross return of £11,280 per annum, based on 48 weeks paying £235 per week.

As a TURNKEY INVESTMENT, the apartment has been completed to a high standard and is uniquely positioned in an area experiencing incredible rental growth.

Jamaica Street is ideally situated near St Enoch's Centre in the city centre, offering quick access to all amenities. The proximity to St Enoch subway station and Glasgow Central rail station ensures excellent public transport links.

The property is being offered at a fantastic discount to ensure a sale. It should appeal to anyone looking for a straightforward purchase with excellent upside potential.

**Property with gross rental income return of £11,280 per annum based on 48 weeks occupancy**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Glasgow is a vibrant city known for its thriving student population, cultural landmarks, and dynamic lifestyle. With its blend of historic sites and modern amenities, it offers an attractive environment for both students and professionals, enhancing its appeal as a prime investment location.

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Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.