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Simpson Loan,
Edinburgh, EH3

Fixed Price£315,000
Bedrooms:1Bathrooms:1Public Rooms:1
Estimated Yield:5.1%Tenanted:Yes

Features

  • Buy-To-Let Investment
  • Tenanted Property
  • Fully Compliant
  • Current Rent: £1350pm
  • Market Rent: £1350pm
  • Home Report £285K
  • Yield 5.1%
  • Furnished Let
  • Price Includes Inventory Items

Description

Tenanted 1 bedroom property within the prestigious Quartermile development located in the heart of Edinburgh. This 2nd floor property comprises an open plan kitchen and living room, spacious double bedroom, bathroom, and spacious hall. The property benefits from floor-to-ceiling windows, bright decor, modern appliances, secure communal areas, and from 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 July 2021 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £16,200. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £285K. This modern development is located in the heart of the city with The Meadows and Edinburgh University next door. The development also has several bars, shops, restaurants and a gym available on its doorstep. This property would be ideal for working professionals or students.

Documents

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Brochure
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Floorplan
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EPC
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