Skip to main content
  • Sign in

Studio for sale

£56,000

Robert Owen House, 87 Bath Street, Glasgow G2

Studio for sale 1 1
Interested in this property? Call +44 161 506 6169 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Invest in high quality student accommodation
  • Self contained premium studio
  • Fully furnished
  • Anticipated returns in the region of 9-10% net
  • Ensuite and kitchenette included
  • First class on site amenities
  • Excellent location
  • Extremely popular development

Property description

Robert Owen House, 87 Bath Street, Glasgow, G2 2EE

Cash buyers only - anticipated returns in the region of 9-10% net! This is a premium self-contained studio on the 4th floor that offers students ample private space, including an en-suite bathroom, kitchen, study area, smart TV and storage.

Robert Owen House has a range of facilities on-site that wouldn't look out of place in a boutique hotel - A private residents' gym, a games room and an entertainment room, along with numerous communal areas where students can socialise with other like-minded residents. Centrally located, students will be close to a number of local amenities, including clubs and bars. The development is also in good proximity to both universities and the train station. This is a fantastic investment opportunity for either new or experienced landlords and benefits from block management already in place so that you know your investment is in safe hands!

Glasgow is a city synonymous with higher education. There is no area in the UK outside of London with more universities than Glasgow. It has six acclaimed institutions, included the University of Glasgow, a member of the elite Russell Group universities and the fourth oldest in the English-speaking world. With so many students in the area, Glasgow Universities can only guarantee accommodation for around 10% of its students. This means that 75% are looking for purpose build student accommodation such as Robert Owen House making for easy returns on your investment, with incredible returns!

Please note: The figures are based on a provisional booking for the next academic term. The service charge figures are for the year 2023/2024 and are due to be reviewed in September and therefore this could be subject to change.

Financial Breakdown

Gross Rent: £10,340.00
Net income: £5,519.29
Gross yield: 19.88%
Net yield: 10.61%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-07818

Property info

Property value data/graphs for G2

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached - - 2.8 -
Semi-detached - - - -
Terraced £193,368 - 3.5 -
Flats £246,223 £228 1.9 £202,015

Current asking prices in G2

Average: £182,187
Avg. current asking prices in G2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - - -
Flats £118,000
(5)
£202,778
(9)
£215,000
(1)
£285,000
(1)
-
All £118,000
(5)
£202,778
(9)
£215,000
(1)
£285,000
(1)
-

Current asking rents in G2

Average: £2,263 pcm
Avg. current asking prices in G2
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - - - -
Flats £2,201 pcm
(24)
£2,166 pcm
(20)
£2,165 pcm
(3)
- £3,250 pcm
(1)
All £2,201 pcm
(24)
£2,166 pcm
(20)
£2,165 pcm
(3)
- £3,250 pcm
(1)

Fun facts for G2

Highest value in G2
Highest value streets Zed-Index
West George Street £426,366
Bath Street £425,513
Bothwell Street £302,729
Sauchiehall Street £257,373
Argyle Street £225,264
Highest turnover in G2
Highest turnover streets Turnover
Holm Street 32.4%
Pitt Street 23.1%
York Street 15.9%
James Watt Street 15.6%
Renfield Street 11.7%
Arrange Viewing

For more information about this property, please contact
Yieldit, M50 on +44 161 506 6169 * (local rate)

Monthly running costs Beta

£370 Monthly total

Mortgage

Purchase price
Deposit (10%) 5,600
Repayment term 25
Interest rate 2.0
Your payment £213 /mo How Much Could I Borrow In association with RBS

These results are not provided by RBS and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy

Gas £25 Electricity £49 Estimated energy cost £74/mo

Similar properties could save up to £175

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this size and region.

Estimated consumption

Gas: 9500 kWh/year
Electricity: 3500 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Glasgow City

Estimated tax band A Council tax cost £83 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Contact Yieldit about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Yieldit, and do not constitute property particulars. Please contact Yieldit for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Similar properties for sale nearby

14 more properties like this

View all Bath Street property for sale