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One-bedroom studio flat
Glasgow, G1 - Get Access
1 bed
1 bath
Description
This is a super investment property in a prime Merchant City location, offering student accommodation within a historic, former court building. It is currently tenanted at £720pcm (£175 per week), making it ideal for a shrewd investor seeking a high yield. The executive studio apartment is located within a fully serviced student-only building, which includes access to an on-site gymnasium, cinema room, games room, laundry facilities, Wi-Fi, and parking.
It is in a prime student location, within a 10-minute walk of Glasgow Caledonian and Strathclyde Universities, as well as the City of Glasgow College and Glasgow School of Art. This makes it a perfect location for city centre living.
The property occupies a prime position within Glasgow City Centre, just a short walk from the University of Strathclyde, Glasgow Caledonian University and excellent transport connections, with both Queen Street and Central railway stations easily accessible. The surrounding area offers an outstanding selection of shops, cafes, restaurants, bars and leisure facilities, together with the nearby Merchant City, renowned for its vibrant atmosphere, cultural attractions and nightlife. Excellent public transport links and road connections make commuting throughout Glasgow and beyond straightforward, further enhancing the property’s appeal to students and investors alike.
Internally, the apartment has been thoughtfully designed to maximise space and functionality. The open-plan layout incorporates a fitted kitchen, a dedicated study area, ample space for a double bed and bedroom furniture, together with a contemporary shower room. The accommodation is well suited to modern student living, offering comfortable, low-maintenance accommodation in a highly convenient location.
Residents of St Andrews Court enjoy access to a range of excellent communal facilities, including multiple study areas, a fully equipped gym and recreational lounges, creating an attractive living environment. The development further benefits from a staffed reception, lift access and a secure entry system, providing both convenience and peace of mind. The property is leasehold and currently tenanted on a rolling agreement with a rent of £8,640 per year. The approximate yield is 29%.
Comparable sales
Flat 2/23 St. Andrews Court, 21, St. Andrews Street, G1 5PA
0.0 mi
£27,995
Flat 1/23 St. Andrews Court, 21, St. Andrews Street, G1 5PA
0.0 mi
£29,995
Flat 3/18 St. Andrews Court, 21, St. Andrews Street, G1 5PA
0.0 mi
£33,000
Estimated market value
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Range:
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Medium confidence
Floor Area Estimated: 350 sq ft
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