Upper Gray Street,
Edinburgh, EH9

Under Offer
Fixed price£350,000
Bedrooms:3Bathrooms:2Public Rooms:1
Estimated Yield:6.9%Tenanted:Yes

Overview

  • Market Rent: £2000
  • Current Rent: £1600
  • Floor Area: 81m²
  • Furnished
  • Style: Modern
  • Floor: Top floor

Description

Tenanted 3 bedroom property with 4 person HMO licence. The property is located within the popular Newington area of Edinburgh. The property comprises: dining kitchen, 3 double bedrooms, lounge (currently being used as bedroom 4), main bathroom and 1 ensuite. The property benefits from double glazing, gas central heating, well kept communal areas, private parking, excellent storage with private attic. The property is fully compliant for the rental market, has valid PRT and will provide rental income on day 1 of ownership. 

Home Report valuation £320K - Annual rental income £24K - Yield 6.9% 

Newington is a very popluar residential area within southern Edinburgh. The area is popular with students to due its close proimity to the Edinburgh and Napier Universities. The area has an excellent array of local amenties and is also very close to The Meadows and Holyrood park. 

EPC rating: C.