Features
- Buy-to-let Investment
- Tenanted & Fully Compliant
- 2 Bedrooms
- Home Report £205K
- Current Rental £1200pm
- Current Yield 7.2%
- EPC Rating: C
- 65 sq m
- No Buyer Fees
- Furnished Let
Description
Tenanted 2 bed buy-to-let investment property in the East Craig's area of Edinburgh. This main door property comprises of 2 double bedrooms with built-in wardrobes, bathroom with an electric shower, fully fitted kitchen, a spacious lounge area, and a hall with storage cupboards. The property also benefits from full gas central heating (new boiler installed 2024), double glazing, private back garden, allocated parking space, and is 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 2023 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £14,400 (rent increasing to £1200pm in December) representing an immediate yield of 7.2%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £205K.
East Craigs is an area of Edinburgh located in the north-west of the city. The property offers quick and easy access to the business park at The Gyle, the airport, the city bypass, M8 as well as the M9, and over to Fife via the Queensferry Crossing. The local bus and tram networks offer easy access across the city.