Elbe Street
Edinburgh, EH6

Fixed Price£200,000
Bedrooms:2Bathrooms:1Public Rooms:1Tenanted:No
Potential Yield:7.2%

Features

  • Vacant property
  • spacious two-bedroom flat
  • Home Report £215K
  • £15K discount
  • Potential rental £14,400pa
  • Potential yield 7.2%
  • Close to leith links and the shore
  • Excellent transport links
  • EPC Rating C
  • Council Tax Band C

Description

Vacant Investment Opportunity – Two Bedroom Flat in the Heart of Leith An excellent opportunity to acquire a buy-to-let investment in one of Edinburgh's strongest performing rental locations. Situated on the first floor of a modern, well-maintained factored development on Elbe Street, this spacious two-bedroom flat is ready for immediate letting, allowing a purchaser to secure a tenant at current market rents from day one. The accommodation comprises a welcoming entrance hallway leading to a generously proportioned lounge with an attractive feature fireplace, creating an appealing living space for prospective tenants. The separate kitchen is fitted with an integrated electric oven and hob and offers excellent storage. There are two well-proportioned double bedrooms, one of which benefits from built-in wardrobe storage, together with a bathroom fitted with a shower over the bath. While the bathroom would benefit from some upgrading, the current owner has already obtained quotations for the required works, allowing a purchaser to budget accurately and enhance the property's rental appeal with minimal effort.

Additional benefits include electric heating, double glazing throughout, secure entry to the building, and private residents' parking. Leith continues to be one of Edinburgh's most sought-after buy-to-let locations, benefiting from consistently high tenant demand driven by its excellent amenities, vibrant café and restaurant scene, proximity to the city centre, and superb transport links, including the tram network. The Shore, Leith Links and the nearby waterfront regeneration continue to attract professionals, helping support strong rental values and long-term capital growth. The property offers investors the opportunity to purchase a vacant asset, carry out light cosmetic improvements if desired, and re-let at full market rent, making it an ideal addition to both established and first-time property portfolios. Factoring Charges: Approximately £500 every six months, covering buildings insurance, communal stair cleaning, and maintenance of the communal grounds. These particulars are provided for guidance only and do not form part of any contract. 

Documents

PDF
Floorplan
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PDF
Home Report
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