Overview

ClicPad delighted to present Robert Owen House, an exciting new student developmentcomprising of a range of luxury student apartments, ideally located in Glasgow.

Robert Owen House is a refurbishment of a former office building that has been designed to create quality student accommodation in the heart of Glasgow. Robert Owen House comprises o f101 studio units, each fully furnished with a private kitchen, bathroom, and study area.

Alongside offering students their own living space, student residences will also benefit from an array of onsite amenities, from; the onsite gym and secure bicycle storage to a games room, social events and laundry area.

Robert Owen House - Management and Lettings Offering For Landlords Investors in the Robert Owen House development will benefit from the services of Xenia Student Lettings, who offer a full management and lettings solution for landlords. As such, the development will offer a genuinely 'hands-free' investment solution.

A full breakdown of annual service charge fees as well as lettings and management fees are available for all interested

parties. For clients considering purchasing a student property at the Robert Owen House development, we would also recommend that you view the Xenia Student Lettings website.

Key Points:

New tenancy confirmed starting September 2023 at £210.00 per week

Estimated gross rental - £9,660.00 (46wks at £210.00 per week)

Service charge -£3,455.00 per annum

Management fee - 11% (plus VAT) per annum

Ground rent - Not applicable (freehold property)

NET rental - £4,929 per annum

NET Yield - 7.5%

Price range:

Studio Apartments starting £65,700

Payment Plan:

Reserve your unit with a signed reservation form

Provide certified ID, proof of address and proof of funds 

Pay a £2,000 non-refundable reservation fee

ClicPad Fee 5% 

Remaining balance due on exchange