5 bed flat

The property is a portfolio of 5 student apartments in Glasgow city centre, in a prime location close to universities and popular student areas. The apartments are in a combined total value of £261,000, according to a RICS home report, and benefit from a residents' gym, games room, and entertainment room, as well as various communal areas. The properties are professionally managed by Xenia Student Accommodation, and are currently tenanted with three settled tenants in place, generating a gross annual rental income of £26,400. Two of the apartments are currently vacant, offering an opportunity to improve the yield by letting them. The sale is a leasehold sale requiring a cash purchase.