Hands‑off investment near Glasgow universities with strong rental demand.
Freehold studio with Victorian building character
Currently tenanted at £200 per week (tenancy from 04/04/23)
Advertised 8.0% net rental yield after fees and charges
Fully managed by specialist student property company (hands‑free)
Newly renovated to high standard; modern kitchenette and ensuite
Annual service charge £3,903.65 — significant running cost
Located within walking distance of Glasgow universities (high demand)
Wider area classed as very deprived; average broadband speeds
This freehold studio in St Andrews Court offers a hands‑off income opportunity in Glasgow’s G1 student quarter. Refurbished to a high standard and managed by an experienced student operator, the flat is currently let at £200 per week, producing an advertised 8.0% net rental yield after fees and charges.
The compact studio is modern throughout with an ensuite, integrated kitchenette and bright windowed aspect. The building’s Victorian facade and high ceilings contribute period character while the interior benefits from recent professional refurbishment aimed at the student market. Communal security features include CCTV and key‑card access.
Investors should note key running costs and local context: the annual service charge is £3,903.65 and the wider area is classified as very deprived. Broadband speeds are average. The property’s strengths are reliable student demand (close to Glasgow universities) and full property management, but the high service charge and neighbourhood profile are important considerations when assessing net income and capital prospects.
Overall this is a purpose‑refurbished, fully managed student freehold that suits buyers seeking immediate rental income with minimal involvement. It’s best for investors comfortable with student lets and who factor ongoing service costs and local market dynamics into purchase calculations.