Boasting strong ethnic diversity, Glasgow is home to over 600,000 people, over 80,000 of whom are full time students. Glasgow houses three leading universities, and is widely acknowledged for being one of the UK’s most popular destinations for students. It’s evident that free student tuition in Scotland is a major attraction, increasing demand for student places in the leading Scottish universities. As such, it is likely that there will be considerable interest in the new Clyde House development from investors both in the UK and overseas.
As Glasgow has an acute shortage of high quality student accommodation, the launch of Clyde House is a timely solution to the shortfall in available student beds. Perfectly positioned, the development offers a wide selection of fantastic ensuite studio units, just a stone throw away from the University of Strathclyde and approximately 10 minutes walk from Queen Street station. Investors will be pleased to know the new Clyde House development will offer a guaranteed net rental return of 9% for the first two years. This makes student property investment in Glasgow a low risk and sound opportunity for investors.
Clyde House is a beautiful period building with a fantastic location overlooking the River Clyde. Adjoining to the Winter Garden, the popular People’s Palace and a stone throw away from the city centre, this five-storey period building is the answer to Glasgow’s shortage of student housing. There is no doubt Clyde House will be hugely popular among students, and will likely become one of Glasgow’s prime student destinations.
The developer has delivered previously on successful projects such as St. Ann’s Lodge (Leeds) and Nelson Square (Bolton), and we have no doubt that Clyde House will experience the same levels of success.
Students living at Clyde House will have access to a range of communal facilities such as a fully-equipped gymnasium, laundry room, communal lounge, games rooms, secure bicycle storage and Clyde House will house an on-site management office, which will be manned by an experienced property management company. The development will consist of 90 well proportioned rooms including standard, superior and deluxe student pods starting from as little as £57,500.00. This period building will be extensively modernised and refurbished ready to accept students for the start of August 2014.
Pure Student Property provide fantastic investment opportunities in the student property market for investors, with potential returns of up to 10% in the first two years.
Check out those popular press releases