Studio flat for sale

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Studio flat for sale

Central House, Jamaica Street, Glasgow, G1 4QG
£38,000

Price History

Initial price £40,000
10/07/25 £38,000
Price Change -5.00%

Description

Central House is a modern student accommodation development located in the heart of Glasgow, perfect for students attending the nearby universities. The property is fully furnished and provides a comfortable studying environment, complete with shared facilities such as communal lounge areas, laundry rooms, and an entertainment room. As a cash-only investment property, it offers a gross yield of 22.11% and a net yield of 8.39%. The property is rented using a Private Residential Tenancy (PRT) with a 4-week monthly rolling contract, making it an attractive opportunity for investors. With a gross rent of £8,400 and a net income of £3,187.20, Central House is a fantastic investment opportunity in a city with a large and growing student population.