Flat for sale in Gorgie Road, Edinburgh EH11
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Property features
- Buy-To-Let Investment
- Tenanted & Fully Compliant
- 1 Bedroom
- Home Report £165,000
- Current Rental £850pm
- Current Yield 6.4%
- EPC Rating: D
- 43 sq m
- No Buyer Fees
- Unfurnished Let
Property description
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 May 2023 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £10,200 that represents an immediate yield of 6.4% with the scope to increase the yield for a future tenancy. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £165K.
Gorgie is a vibrant neighbourhood lying south-west of Edinburgh city centre. The property is located within easy reach of the West End, Financial District, Haymarket and Saughton Public Park. Bustling Gorgie and Dalry have an array of dining and retail choices and nearby Fountain Park boasts a multiplex cinema, casual eateries, and a state-of-the-art gym. Edinburgh Napier University at Merchiston, Edinburgh College Sighthill Campus, and Heriot-Watt University are easily accessible. Regular bus and tram services connect Gorgie quickly to the city centre and beyond, and there is easy access to the A8 linking to the City Bypass.
Property info
For more information about this property, please contact
Portolio, EH12 on +44 131 268 9576 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Portolio, and do not constitute property particulars. Please contact Portolio for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.