Features
- Buy-to-let Investment
- Tenanted & Fully Compliant
- 2 Bedrooms
- Home Report £185,000
- Current Rental £850pm
- Current Yield 6%
- Potential Yield 8.5%
- EPC Rating: C
- No Buyer Fees
- 60 sq m
Description
Tenanted 2 bedroom property in the Carrick Knowe area of Edinburgh. This ground floor buy-to-let investment is located west of Edinburgh City Centre. The accommodation comprises an entrance hall, two bedrooms, a living room, a kitchen, and bathroom. The property benefits from having gas central heating, double glazing, and being 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 October 2020 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £10,200 which represents an immediate yield of 6% and a potential yield at current market rental rates of 8.5%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £185K.
Carrick Knowe is a suburb in the west of Edinburgh, located approximately 3 miles from the city centre. The lower villa lies within easy reach of excellent local amenities including shops, transport links, Corstorphine Hill, and Carrick Knowe golf course.