Flat for sale in Sandport Street, Edinburgh EH6
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Property features
- Buy-to-let Investment
- Tenanted & Fully Compliant
- 1 Bedroom
- Home Report £200,000
- Rental £820pm
- Current Yield 5.3%
- 44 sq m
- EPC Rating: C
- Unfurnished Let
- £15K Discount
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 June 2021 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £9,840 representing an immediate yield of 5.3%. There is scope to increase the rental for a future tenancy to secure a yield of 6.3%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £200K.
The property lies at the heart of Leith’s cosmopolitan Shore district. Leith Links and Leith Victoria Swim Centre are within short walking distance. Ocean Terminal with its well-known casual dining options, multiplex vue Cinema, high street retailers, and PureGym is also easily accessible on foot or by car. Excellent transport links mean that regular buses and trams take you swiftly into the City Centre and onto Edinburgh International Airport. It is perfectly situated for the A1 and 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.