Features
- Buy-To-Let Investment
- Tenanted & Fully Compliant
- 2 Bedrooms
- Home Report £160K
- Current rental £895pm
- Current Yield 7.3%
- EPC Rating D
- 78 sq m
- Furnished Let
Description
Tenanted two-bedroom mid-terraced house for sale, offering a ready-made buy-to-let investment opportunity in the popular Midlothian town of Gorebridge. The accommodation is available £10K below the Home Report value, extends to around 77m² and comprises an entrance vestibule, bright lounge, and spacious kitchen/dining room on the ground floor. Upstairs features a landing, two well-proportioned bedrooms, and a family bathroom. The property benefits from gas central heating, uPVC double glazing, and private gardens to the front and rear.
The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the current tenants have been a resident since July 2020 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £10,740. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £160K.
Gorebridge is a growing commuter town approximately 10 miles south of Edinburgh, offering a great balance of countryside living and city convenience. The town benefits from a train station providing regular services to Edinburgh Waverley, as well as good local amenities, schools, and easy access to the A7 for travel north and south. Demand for rental property in the area remains strong thanks to its affordability and excellent transport links.