Features
- Buy-to-let Investment
- Tenanted & Fully Compliant
- Home Report £220K
- 2 Bedrooms
- Current Rental £1,195pm
- Current Yield 6.8%
- EPC Rating D
- 64 sq m
- Furnished Let
Description
An ideal opportunity for investors – this well-maintained 2-bedroom ground floor flat is located within a modern and popular development in the vibrant Leith district of Edinburgh. The property is being sold with tenants in situ, providing a ready-made, income-generating buy-to-let investment. The internal accommodation comprises: a welcoming entrance hallway, spacious lounge with dining area, modern fitted kitchen, two bedrooms, and well-appointed bathroom. The property benefits from timber-framed double glazing, electric heating throughout, residents' 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 February 2025, providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £14,340, which represents an immediate yield of 6.8%. The property is sold as seen, and the sale price includes all the inventory items. The Home Report value is £220K. The communal areas are factored by James Gibb Residential for approximately £1000 per year.
The flat is situated in the ever-popular Leith area, just east of Edinburgh city centre. Renowned for its lively mix of cafés, shops, restaurants, and excellent transport links, Leith is a strong rental market and appeals to professionals and families alike.