31 Simpson Loan, Quartermile

Edinburgh, EH3 9GG

£295,000 Fixed price

Brought to you by:

101 Rose Street South Lane
07388 361 564

Arrange a viewing:

contact agent
  • 6th floor apartment
  • 1 Bed
  • 473 sq ft
  • 5.1% Yield
  • £1250pcm
  • Tenanted

A stylish top floor one bedroom apartment, with secure underground parking.

The apartment comprises;

- Bright living room opening to a fully fitted kitchen with reconstituted stone worktops and integrated quality Smeg and Hansgrohe appliances
- Double bedroom with built-in wardrobes
- Bathroom with shower.

Features include hardwood flooring throughout, gas central heating and double glazing.

Home Report value is £290,000.

The Quartermile development is looked after by Quartermile Estates and the property service charge is currently £325.53/quarter with a further car park service charge of currently £61.40/quarter.

We are delighted to bring this opportunity to the market via Portolio.

Tenancy information

Tenanted Yes
Lease start 29/06/2018
Lease end PRT lease
Property factor Quartermile Estates
Current rent £1200pcm
Deposit £2400
Current Market Valuation £1250pcm

Safety Certificates & Requirements

Gas Safety Yes Exp: 18/12/2018
EICR Yes Exp: 21/08/2018
Smoke/heat sensors Yes In hallway with heat sensor in the open plan kitchen

Included in the sale

Fitted carpets
Light shades
Floor coverings
All furniture

Property Condition & Tenant Information

The new tenancy started on 29 June 2018. The tenant has elected not to take the parking space with the apartment, so is paying a slightly reduced £1200pm.

The flat has been freshened up with full decoration and a new bedroom carpet fitted in April 2018. The hall and lounge flooring shows sign of wear and tear. The kitchen and general fabric of the flat is excellent. 

The Quartermile development sits right next to Edinburgh's Old Town and is on the edge of The Meadows, a beautiful vibrant green park used all year round.

Edinburgh’s business districts, courts, universities, and several of the city’s best schools are all close by.

Quartermile is hugely popular with tenants due to it's great location and excellent amenities. Cafe Nero, Starbucks, Veeno, a Pure 24 hour gym, Sainsbury’s and other great places to eat have established themselves in the development. 

In short, it's a superb location!

Brought to you by:

101 Rose Street South Lane
07388 361 564

Arrange a viewing:

contact agent

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