Clyde House Sells Out After Just Five Months on the Market

Glasgow student development, Clyde House, has sold out after just five short months on the market, becoming the seventh development that Knight Knox International has completely sold out in partnership with Forshaw Land & Property Group.

Clyde House Sells Out After Just Five Months on the Market

Clyde House has sold out after just five months on the market

Brought to market by the developer behind such successful projects as St Ann’s Lodge in Leeds and Nelson Square (The Pack Horse) in Bolton, Clyde House acts as a fitting testimony to the quality of product provided by Forshaw Land, being one of seven developments which Knight Knox International has sold out within a year of being launched.

Located on the banks of the river Clyde, this development was hugely popular with investors as a result of Glasgow’s booming rental market, which saw it acclaimed as “the highest yielding destination for student property” by property website Zoopla in 2013.

This rising rental demand is a result of the dire shortage of student housing in the city, which provides just 7,102 university-owned beds for a student populace of over 45,000 students, meaning developments such as Clyde House are needed throughout Glasgow, in order to provide a solution to the city’s housing shortage.

A refurbishment of a beautiful period building, Clyde House keeps in-line with Forshaw’s long history of breathing new life into character buildings, which has seen them convert former churches, breweries and even a prison, into private student accommodation and residential buy-to-let properties.

Clyde House, like all of Forshaw Land’s developments, benefits from a perfect location; lying just minutes away from Glasgow’s city centre, whilst also being within a ten minute walk of Argyle Street station.

The development, which is set to be complete by August 2014, will also provide luxury facilities including a communal lounge, fully-equipped gymnasium and a games room.

Additionally, Clyde House will benefit from Forshaw Land’s professional management service, which sees them manage their entire portfolio of student and residential properties through award-winning sister company Primo Property Management, who block manage and let every development.

This service ensures students settle into their new surroundings quickly and that any teething problems are resolved quickly and efficiently, allowing investors the peace of mind that they are not responsible for the day-to-day management of their investment.

The latest development to be brought to market by Knight Knox International and Forshaw Land & Property Group is the Queen’s Brewery in Manchester, a 64-apartment conversion of a grade II listed brewery.

Launched in March, the development is already more than 50% sold out, with investors keen to expand their portfolio by investing in such a lucrative opportunity.

Other Forshaw Land & Property Group developments, currently available through Knight Knox International, include Trinity Church and Landcross House in Manchester.

For more information on these investment opportunities, please contact a Knight Knox International property consultant on 0161 772 1370.

Quarterly Report vertical - April 2019

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