0141 674 1833

Firrhill Drive Edinburgh, EH13

2 bedroom Flat in Edinburgh

Sold
Offers Over £148,000
Current Yield 5.8 %
Potential Yield 6.9 %
Property Reference: 191947738
  • Flat
  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 64 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
  • Modern Kitchen Fittings
  • Three Piece Bathroom
  • Ideal Rental Location In Edinburgh With Easy Access Amenities
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a 2 bedroom flat located in Edinburgh. The home is found within Greenbank where access to amenities is easy, has been kept in good condition and has long term tenants currently situated.

The property is also able to generate a rewarding rental income so for the investor looking for a reliable investment to add to their portfolio, this is a fantastic opportunity!

The home is well-kept and features 2 bedrooms, a three-piece bathroom, a spacious lounge, kitchen and garden space.

Investment details

The property currently produces an annual gross income of £9,300 which could be increased by the new owner to a market rate of £11,100 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 Greenside which as convenient main road access to Morningside where various amenities are found. This area is also in close proximity to the property so can be accessed by walking as well.

Here the tenants have various restaurants, cafes, convenience stores, supermarkets and local service businesses made available to them.

There are also various parkland areas surrounding the property as well as the Edinburgh Napier University so it may attract students looking to rent.

Lounge

The lounge makes for an ample living area with lots of space for furniture and gatherings.

Kitchen

The kitchen has been kept in great condition and is spacious enough for the occupants.

Bathroom

A lovely three-piece bathroom is found consists of a wash basin, W.C. and bath tub with an overhead electric shower.

Bedrooms

The bedrooms are a good size with enough room for double beds, bedroom furniture and storage cabinets.

Exterior

There is on-street parking found external to 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: 191947738

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £775
  • Potential Rent pcm: £925
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years +
  • Tenants means of funding: Local Authority Funded
Property Reference: 191947738
Property Reference: 191947738

Property Location

Similar Properties

  • Pleck Walk
    Birmingham
    Offers Over £180,000
    • 3
    • 1
    • 1
    Terraced House
     
    Potential Yield: 7%
    View Property
  • Taymouth Terrace
    Carnoustie
    Offers Over £125,000
    • 2
    • 1
    Terraced House
    Current Yield: 6%
    Potential Yield: 7.7%
    View Property
  • Church Street
    Accrington
    Offers Over £170,000
    • 3
    • 2
    • 3
    Multi-Unit Property
     
    Potential Yield: 10.6%
    View Property
  • Fielding Street Middleton
    Manchester
    Offers Over £172,000
    • 3
    • 2
    Flat
    Current Yield: 6.9%
    Potential Yield: 8.9%
    View Property

Request DetailsFirrhill Drive Edinburgh, EH13

Offers Over £148,000

Make an offer
Firrhill Drive Edinburgh, EH13

Listing Price

Offers Over £148,000

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.