Features
- Buy-to-let Investment
- Tenanted & Fully Compliant
- 2 Bedrooms
- Home Report £165,000
- Monthly Rental £830pm
- Current Yield 6.3%
- 67 sq m
- Unfurnished Let
- EPC Rating: D
- No Buyer Fees
Description
Tenanted 2 bedroom buy-to-let investment situated within the popular residential area of Clermiston. This top floor investment property comprises an entrance hall, living room/dining room with access to a balcony, kitchen, two bedrooms, and bathroom. The property benefits from having double glazing, gas central heating, a garden, free on-street parking, 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 January 2020 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £9,960 representing an immediate yield of 6.3% with the scope to increase the yield to 7.6% for a future tenancy. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £165K.
Clermiston is an area of Edinburgh that lies to the west of the city centre. The area has many local shops, bars, and cafes along the nearby St John's Road. The location is also well served with bus routes and easy access to The Gyle, Edinburgh airport, and the M8.