21 St Andrews Street, Glasgow, G1

An excellent opportunity for both investors seeking an attractive rental investment or university students looking for conveniently located accommodation.

This third-floor studio apartment forms part of sought-after student accommodation ideally situated in the heart of the city. Within walking distance of Glasgow’s universities, shops, restaurants, cafés, entertainment venues and it also boasts excellent transport links, including several train stations

A shared entrance and stairwell (or a lift) leads to the flat’s front door, where you are welcomed directly into the open-plan living space. Provision is made here for both bedroom and lounge furniture, as well as a study area if desired, and fitted to one wall are wall and base cabinets, with an integrated oven, hob, and extractor hood, with space for a microwave and an undercounter fridge. An en-suite shower room comprises a corner shower cubicle, a wall-mounted basin, and a WC.

The development’s fantastic shared facilities include an on-site gym, a cinema room, and laundry facilities.

This is a student investment and suitable for cash buyers only.

Financial Breakdown

Gross Rent: £170 Per Week. Rolling contract, where 28-day notice is required.

Service Charge: £376 – Average monthly payment (Includes management fee).

Management Fee: 11% + VAT (Xenia Lettings Ltd).

Student units in Scotland are typically within high demand from investors, this is due to the fact that a large proportion of students do not pay tuition fees and as such, there is likely to be considerable rental demand for the units when available. This property is also freehold.

Area

This development is right in the heart of Glasgow and is conveniently located for access to the City Centre, the Merchant City, Financial District and West End amenities including Glasgow University, Botanic Gardens and Kelvingrove Park & Art Galleries. The City Centre and the Merchant City offers a wealth of amenities including both general and specialist shopping, wine bars and many highly acclaimed restaurants. The property is in close proximity to Strathclyde & Caledonian Universities, the Glasgow School of Art, The Royal Conservatoire of Scotland, SECC, Clyde Auditorium and various health and fitness clubs. The area benefits from frequent public transport with easy access to Central and Queen Street Train Stations, Cowcaddens and Buchanan Street subway stations.