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South Clerk Street,
Edinburgh, EH8

Under Offer
Fixed price£430,000
Bedrooms:4Bathrooms:1Public Rooms:1
Estimated Yield:7.1%Tenanted:Yes

Overview

  • Market Rent: £2550
  • Current Rent: £2550
  • Floor Area: 170m²
  • Furnished
  • Style: Traditional
  • Floor: 2nd floor
  • EPC Rating: C

Features

  • Buy-To-Let Investment
  • Tenanted Property
  • Fully HMO Compliant
  • 5 Person HMO Licence
  • Yield 7.1%
  • Home Report £430K

Description

Tenanted 4 bedroom HMO property in Newington, Edinburgh. This 2nd floor property is located within a traditional tenement and has a 5 person HMO licence from Edinburgh City Council. The property comprises a hallway, large corner lounge (5th bedroom), 3 double bedrooms, 1 single bedroom, dining kitchen, bathroom with electric shower. The property benefits from having high ceilings, traditional cornice, large windows, working shutters, gas central heating, central location, and being fully HMO compliant. 
 
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 October 2021 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £30,600. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £430K.

Newington is a very popular residential area within southern Edinburgh. The area is popular with students and professionals due to its close proximity to the universities and city centre. The area has an excellent array of local amenities and is also very close to The Meadows and Holyrood Park.

EPC rating: C.

Documents

PDF
Floorplan
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PDF
EPC Certificate
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