Waterfront Park Edinburgh, EH5

1 bedroom Flat in Edinburgh

Sold
Fixed Price £135,000
Current Yield 6.1 %
Potential Yield 6.6 %
Property Reference: 192330212
  • Flat
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 41 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
  • Private Balcony
  • Three Piece Bathroom
  • Edinburgh City Location
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a 1 bedroom flat in Edinburgh. It has a long term tenant that has taken great care of the space and is able to generate a rewarding rental income.

For investors that are looking for a reliable addition to their portfolio, this is a fantastic addition to your portfolio!

The home features 1 bedroom, a three-piece bathroom, a spacious lounge, a kitchen, private balcony space and an allocated parking space.

Investment details

The property currently produces an annual gross income of £9,120 which could be increased by the new owner to a market rate of £9,900 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 located just out with the city centre but is in an area where commuting can be done easily; thanks to the main road links in the area, access into the centre can be done in a matter of minutes.

There are also various amenities in walking distance of the property such as convenience stores, supermarkets, local service businesses, restaurants and leisure facilities.

Lounge

Filled with natural daylight thanks to the large front windows, 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 very spacious.

Bathroom

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

Bedrooms

The bedroom is a good size with enough room for double bed, bedroom furniture and storage cabinets.

Exterior

There is a private balcony which can be accessed from the living room and an allocated parking space.

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: 192330212

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £760
  • Potential Rent pcm: £825
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 2 years +
  • Tenants means of funding: Employment
Property Reference: 192330212
Property Reference: 192330212

Property Location

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Request DetailsWaterfront Park Edinburgh, EH5

Fixed Price £135,000

Make an offer
Waterfront Park Edinburgh, EH5

Listing Price

Fixed Price £135,000

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.