- Buy-to-let Investment
- Tenanted & Fully Compliant
- 3 Bedrooms
- Home Report £170,000
- Current Rental £875.50pm
- Current Yield 6.8%
- EPC Rating: D
- 82 sq m
- Unfurnished Let
- Price Includes Inventory Items & Safety Certificates
This end-terrace house is situated within an established residential area of Haddington and offers a large reception room, a kitchen, three bedrooms, and a bathroom, plus front and rear gardens and access to unrestricted on-street parking.
The front door opens into a hallway, leading into the living and dining room on the right. Spanning the entire depth of the property and lit by dual-aspect windows, the room offers plenty of space for both lounge and dining furniture and benefits from direct access to the kitchen. Here, you will find wall and base cabinets, spacious worktops, and splashback tiling, as well as an integrated oven, hob, and extractor hood. Provision is also made for freestanding and undercounter appliances, and the kitchen is completed by garden access. On the first floor, a landing (with storage) leads to three bedrooms and a bathroom. The bedrooms all offer plenty of space for freestanding furniture and are accompanied by built-in storage. The bathroom comprises a bath with an overhead shower, a pedestal basin, and a WC. Gas central heating and double glazing ensure year-round comfort and efficiency. Externally, the house is flanked by gardens to the front and rear. The front garden features neat lawns, whilst the rear has a lawn, a patio, and two sheds. Unrestricted on-street parking is available close by.
The property is being sold with the tenants in situ as a buy-to-let investment and is fully compliant with PRT, property inventory, EICR, gas safety, PAT, legionella risk assessment, and deposit certificate. The tenant has been a resident since April 2010 providing rental income on day 1 of purchase, the current tenancy generates an annual rental income of £10,506. Please note, for a future tenancy the property has the potential to secure £1000pm and generate a yield of 7.7%. The property is sold as seen and the sale price includes all the inventory items.
Haddington is a lovely historic market town situated in the picturesque county of East Lothian. It offers a wealth of amenities on its vibrant High Street and state-of-the-art facilities. There is a good selection of shops, coffee houses, cafés, eateries, restaurants and pubs, boutique shops, art galleries, hardware shops, charity shops, and bookshops. East Lothian’s state-of-the-art library and museum, the John Gray Centre is also on the High Street, offering interesting exhibitions throughout the year. For the sport and outdoor enthusiast, the town has its own golf course and the fantastic Aubigny Sport Centre, which is home to two swimming pools, a gym, and a range of fitness classes. For more leisurely pursuits, the banks of the River Tyne and the surrounding open countryside provide tranquil strolls and excellent bike ride opportunities. Situated close to the A1, the town is very well connected to Edinburgh, Berwick, and further afield, with regular buses going to and from the capital.