31 Ocean Drive, Leith

Edinburgh, EH6 6JL

£290,000 fixed price

Brought to you by:

Portolio Plus
101 Rose Street South Lane
Edinburgh
EH2 3JG
07388 361 564

Arrange a viewing:

contact agent
  • Modern 4th Floor Apartment
  • 3 Beds
  • 1011 sq ft
  • 6.2% Yield
  • £1500pcm
  • Tenanted

Superb 3 bedroom property in the highly desirable Shore area of Edinburgh. The property benefits from open views across the Water of Leith and stylish Shore area. The accommodation comprises of 3 double bedrooms - 1 with ensuite, main bathroom, spacious kitchen, large lounge with dining area.

The property further benefits from secured underground parking, gas central heating and double glazing.

Currently, the apartment doesn't have an HMO licence and is therefore not realising it's full rental potential. With the already existing dimensions and layout, this property could easily be converted to an HMO and be let to three individuals for a total of £1,500pm.

The property facrtoring costs are £80 per month. This amount covers the maintenance of the building, the grounds and also includes the block building insurance policy.

Tenancy information

Tenanted Yes
Lease start 04/12/2013
Lease end 04/10/2018
Property factor Trinity Factors
Current rent £895pcm
Deposit £895
Current Market Valuation £1500pcm

Safety Certificates & Requirements

Gas Safety Yes Exp: 01/11/2018
EICR Yes Exp: 24/02/2022
PAT Yes Exp: 19/04/2019
HMO N/A
Smoke/heat sensors Info to follow

Included in the sale

Fridge
Cooker
Freezer
W/M
Dishwasher

All furniture, equipment, fixtures and fittings are included in the sale price.

Property Condition & Tenant Information

The tenants are due to move out on 04 October 2018.

In terms of current condition, it would benefit from a repaint within the next year to freshen up and the furniture has been in use for 5 plus year so showing signs of wear.

Edinburgh’s popular Shore area in Leith is all about a blend of historic buildings and modern developments with cool shopping outlets, restaurants, cafes and bars including
several Michelin star restaurants.

The Ocean Terminal leisure & shopping complex is close-by offering a variety of high street stores including a Debenhams department store and an M&S Simply Food store and a multi screen cinema.

For recreation, there are plenty of walks nearby, sailing facilities at Newhaven and also the Next Generation private health and sports centre. There is frequent public transport to the city centre and operating to many other parts of the city.

Brought to you by:

Portolio Plus
101 Rose Street South Lane
Edinburgh
EH2 3JG
07388 361 564

Arrange a viewing:

contact agent

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