Flat for sale in South Fort Street, Edinburgh EH6

Tenanted 2 bedroom buy-to-let investment just off Ferry Road. This first floor property is situated within a modern development with the accommodation comprising a hallway, bright double window living room with space for dining table, two double bedrooms, fully fitted kitchen, and a bathroom with shower. The property benefits from double glazing, gas central heating, well kept stairwell, off-street private parking, and 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 2023 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £13,200 representing an immediate yield of 6.6%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £215K. The development is factored by James Gibb for approximately £225 per quarter.

The Leith area has a thriving community, and the property is well placed and within walking distance of the City Centre, local amenities, and services the area has to offer. These include a variety of local supermarkets and a wide variety of local convenience shopping. Also well placed for The Shorew area and Ocean Terminal offering a range of retail outlets, a multiplex cinema, and gym.