Features
- Buy-to-let Investment
- Tenanted & fully compliant
- Home Report £225K
- 2 Bedrooms
- Current rental £1232pm
- Current Yield 6.7%
- EPC Rating C
- 52 sq m
- Furnished Let
- No Buyer Fees
Description
An excellent investment opportunity, this tenanted two-bedroom first-floor property is ideally situated near Holyrood Park, offering easy access to Edinburgh's City Centre. The property comprises an entrance hall, a spacious open plan lounge and kitchen, 2 double bedrooms, both with built-in wardrobes, the main bedroom has an ensuite shower, bathroom with plumbed shower. The property benefits from double glazing, gas central heating, well-maintained communal areas, and private parking space. It is fully compliant with current rental regulations, making it a hassle-free investment. The communal areas are professionally managed by James Gibb at approximately £230 per quarter.
This buy-to-let investment is being sold with tenants in situ, ensuring rental income from day one. The long-term tenant has been in residence since 2022, generating an annual rental income of £14,784, offering an immediate yield of 6.7%. The property is let unfurnished and sold as seen. The Home Report value is £225K.
Meadowbank is a popular residential area in Edinburgh, located just east of the city centre. It is well-known for its great transport links, proximity to Holyrood Park, and a mix of modern and traditional properties. Don't miss this opportunity to secure a strong-performing rental property in a sought-after location.