Central House, 50-58 Jamaica Street, Glasgow G1

Property Details: - Type: Flat - Bedrooms: 1 - Bathrooms: 0

Agent: Future Property Auctions - Glasgow Phone: 0141 433 6645

ENHANCED TERMS OFFERED ON THIS LOT... <br/>Reduced Buyers Fee: 1% of Sale Price (Min £2000 +vat)<br/><br/>Xenia Student Investment Property with gross rental income return of £8,400 per annum based on 48 weeks occupancy. Student Accommodation Development beside Glasgow *HOME REPORT £48,000*Quayside. Market rate £235pw £11,280 per annum and could be renegotiated by new owner. Other than London, Glasgow has the highest student to bed ratio in the UK for students,with 3.6 students for every bed (London 4.0). Glasgow has the second highest shortfall of student beds in the UK. Excellent transport links. Multi-storey car parking is available close by. Close to St Enoch Square subway and Glasgow Central and Queen St train stations. Prime G1 postcode near to Clydeside and Argyle Street - passenger lift operates to the upper floors. Well placed for a wide range of amenities and excellent retail shopping facilities. Investment Highlights The building features secure entry, lift access, and communal areas designed for comfort and convenience. It is located on Jamaica Street, placing residents in the heart of Glasgow city centre, with easy access to universities, transport links, restaurants, and shopping. Communal areas include: Cinema Room Laundry Room Private Gym High-specification student studio. A total of 77,640 full time students (including 26,000 international students) attend the University of Glasgow, the University of Strathclyde, Glasgow Caledonian University, Glasgow School of Art, and the Royal Conservatoire of Scotland. Home to three prestigious universities and a diverse range of students from over 140 countries, Glasgow's metropolitan region has the second largest student population in the UK. With over 43% of the current working age population in the city region being educated to degree level or above, the city has become a preferred destination for an ever-increasing number of FTSE 100 and AIM listed companies. Buchanan Steet Subway is one block to the north. Queen St train station is one block north east and Central Station is a short walk to the west. Multi-storey car parking is available close by and regular bus services operate nearby. Walking distance to Glasgow Central Station, the main railway hub serving the city centre. Prime Student Accommodation Development in Glasgow City Centre - All units include their own kitchen, bathroom and study area - ideal if you're looking for your own living space, free from distractions. Students also have access to communal facilities, including an onsite gym, games room and private outdoor terrace. Fully managed by one of the UK's leading student property management companies, these two units are offer investors access to the hugely popular student residential sector in Scotland. As such, we would anticipate a considerable level of interest in these units from launch. Due to the size and lease restrictions on purpose-built student accommodation, this property is not eligible for a mortgage and can only be bought as an investment property. Whilst Glasgow has an established purpose built student accommodation market, it is well publicised that it suffers from a major undersupply of student accommodation with only c. 20,500 PBSA beds for its population of 77,640 full time students.<br/><br/><b>Auction Details</b><br/>26 March 2026, 10am-3pm <br/>Timed Online Auction<br/><br/><b>How to Bid Now </b><br/>Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.<br/><br/>Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.<br/><br/>