Features
- Buy-to-let Investment
- Tenanted & Fully Complaint
- 1 Bedroom
- Current Rental £765pm
- Home Report £160K
- Current Yield 6.1%
- EPC Rating: E
- 43 sq m
- Unfurnished Let
- No Buyer Fees
Description
Tenanted 1 bed buy-to-let investment property in the Slateford area of Edinburgh. This top floor property with available with the £10K discount on the Home Report. The accommodation comprises an entrance hall, open plan living room/kitchen, double bedroom, and bathroom. The property benefits from having double glazing, electric heating, 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 December 2018 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £9,180 representing an immediate yield of 6.1% with scope to generate a higher yield for the next tenancy. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £160K.
Slateford is located approximately 2 miles from Edinburgh city centre. Bus services are available at the end of the street to many parts of the city including all universities, Edinburgh Park and Edinburgh Airport.