Summary - St. Andrews Street, Glasgow, G1 G1 5PA
1 bed 1 bath Studio
Hands-free investment close to Glasgow universities with strong tenant demand.
Freehold student studio, newly renovated and fully managed
This freehold studio in St Andrews Street offers a hands‑off student investment with a reported 8.1% net yield. The unit has been newly renovated to a high standard and is managed by an experienced student operator, with secure access, CCTV and full-time caretaking that help sustain strong demand. The development sits close to Glasgow’s universities and the management currently reports an extensive waiting list, supporting lettability for future years.
Income figures are transparent: current weekly rent £225, gross income c. £10,350, management fees and service charge reduce estimated net income to about £4,867 per year. The annual service charge is relatively high at £4,118 and an 11% plus VAT management fee applies — these materially affect net return and should be factored into purchase calculations.
Practical considerations: the property is described as large overall (total 756 sq ft) with the accessible studio measured at 21.3 sqm and comprises compact student living with modern finishes. Broadband speeds are average and mobile signal is excellent. The wider location is classified as a cosmopolitan student neighbourhood within a very deprived area, which sustains rental demand but may influence long‑term capital growth dynamics.
For an investor seeking a high-yield, fully managed student asset that requires minimal day‑to‑day involvement, this unit delivers an attractive income profile. Buyers focused on long-term appreciation or lower running costs should weigh the high service charge and local area deprivation when assessing suitability.
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