Features
- Buy-to-Let Investment Property
- Tenanted & Fully Compliant
- Home Report : £285,000
- Discount £57,000
- 2 Bedrooms
- Current Yield 6.6%
- Current rental £1250pm
- 70 sq m
- EPC Rating: C
- Unfurnished Let
Description
Tenanted 2 bedroom buy-to-let investment property in the highly sought-after location of Bellevue in the heart of Edinburgh. This property is available with a significant discount on the Home Report value. The accommodation comprises on the ground floor of the entrance hallway and open plan living room/dining room/kitchen. On the lower ground floor there is a hallway, two bedrooms, and a shower room. The property benefits from gas central heating, double glazing and is fully compliant for the rental market.
The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the tenant has been resident since May 2024 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £15,000 representing an immediate yield of 6.6%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £285K.
Bellevue is a district of Edinburgh which includes the easternmost extent of Edinburgh's New Town UNESCO heritage site. The property is within a short walk of the St James Quarter which offers high street retailers as well as bars and restaurants.