0141 674 1833

88/7, Duke Street Edinburgh, EH6 8HL

1 bedroom Flat in Edinburgh

Sold
Offers Over £124,000
Current Yield 5.4 %
Potential Yield 6.2 %
Property Reference: 192330297
  • Flat
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 33 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Spacious Lounge
  • Three Piece Bathroom
  • Edinburgh City Centre Location
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is 1 bedroom flat in Edinburgh City Centre. The flat is spacious and well kept, has a long term tenant currently situated and is able to generate a rewarding rental income.

For investors looking to expand their portfolio with a reliable investment, this is a fantastic opportunity!

The home features 1 bedroom, 1 bathroom, a spacious lounge, and kitchen.

Investment details

The property currently produces an annual gross income of £7,800 which could be increased by the new owner to a market rate of £9,000 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested in viewing the Home Report, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Location

The property is found in the Edinburgh City Centre. With easy access to countless amenities and transport links, the property is in the perfect position for those wanting to rent.

Lounge

Filled with natural daylight thanks to the large window, the lounge makes for an ample living area with lots of space for furniture and gatherings.

Kitchen

The kitchen has been well kept and is a good size for the tenants.

Bathroom

A three-piece bathroom is found consists of a wash basin, W.C. and walk-in shower.

Bedrooms

The bedroom is a loft-type room that has enough space for bedroom furniture and storage cabinets.

Exterior

There is on street parking outside the property.

Let Property are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is fully refundable in the event of non-completion at no fault of your own.

Helpful Information

Council Tax Band: B
Property Reference: 192330297

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £650
  • Potential Rent pcm: £750
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 5 years +
  • Tenants means of funding: Employment
Property Reference: 192330297
Property Reference: 192330297

Property Location

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Request Details88/7, Duke Street Edinburgh, EH6 8HL

Offers Over £124,000

Make an offer
88/7, Duke Street Edinburgh, EH6 8HL

Listing Price

Offers Over £124,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.

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