Central House, Glasgow

  • Only £53,500 for a 15 to 17m2 studio
  • New City Centre student investment
  • 66 high calibre Studios
  • 9.2% NET yield assured for 3 years
  • Deposit from just £29,250 to exchange (balance on completion)
  • Superb location minutes from campuses and right in City Centre

Introduction

Central House is a brand new refurbishment project situated in the very heart of Glasgow.    This development will offer students high quality, boutique style accommodation in a prime location.

The former office block is being completely refurbished and will comprise of 66 self-contained studios, 60 standard and 6 premiums.  The units will allow students to be self sufficient but they will also benefit from the communal areas which include lounge areas, laundry rooms and an entertainment room, and a totally equipped gym.

These 15 to 17m² studios will only set you back £53,500 and offer a 9.2% NET yield assured for 3 years.  The developer has a proven 15 year track record in both residential and student property projects.  Every effort is being made to ensure that students feel safe in their own home and CCTV will be installed throughout the building, a fob door entry system will be used and there will be a 24 hour concierge.

Student accommodation is the UK’s fastest growing property asset class.  Continually outperforming  the traditional investment choices, the average annual rental yield of private student properties is 6-6.5% and can be credited to a sustained over subscription of university places coupled with a lack of decent student accommodation.

There are three universities in Glasgow and all three are within three miles of the City centre and at maximum 20 minutes away from Central House using public transport.  Glasgow’s population is boosted every year by over 65,000 students who flock to the city to study.

Founded in 1451, the University of Glasgow is the fourth oldest university in the English speaking world.  It regularly is ranked amongst the top 25 institutions in the UK and is featured as one of the top 100 universities in the world.  This high profile university attracts thousands of applicants each year both domestically and from abroad.

Glasgow Caledonian University is a smaller single campus institution nestled in the heart of the city.  This is an international centre of excellence which offers students the ultimate educational experience through its award-winning Saltire Centre and several on-campus facilities all available to students.  There are only 17,000 places available at this university and applications are always high as students are keen to study here.

Established in 1796, the University of Strathclyde was the UK’s first technological university and houses over 26,000 students at its main campus in the centre of Glasgow, only minutes from Central House.  As it is consistently striving to improve its facilities and teaching areas, the university is investing £350m in a bid to create a more dynamic and digital campus.

 

Location of Central House

HINT #1: Click on the map icon to get directions to central house

HINT #2: On the map in the top left, if you see an orange man, drag him to the location on the map for "street view"

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