Flat for sale in Ravensheugh Road, Musselburgh EH21

Just added
Fixed price £144,995
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Flat for sale - 2 bedrooms

2 1 1

Tenure:
Freehold
Council tax band:
Not available

Utilities and more details

Property features

  • Buy-to-let Investment
  • Tenanted & Fully Compliant
  • Home Report £155,000
  • £10K discount
  • 2 Bedrooms
  • Current Rental £800pm
  • Current Yield 6.6%
  • EPC Rating: C
  • 53 sq m
  • Furnished Let

Property description

Tenanted 2 bedroom buy-to-let investment in Musselburgh. This first floor property is located within a modern development with the accommodation comprising of an entrance hall, living room, two double bedrooms, kitchen, and bathroom. The property benefits from having double glazing, electric heating, 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 September 2023 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £9,600 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 £155K. The factoring charge is approximately £75 per month.

Musselburgh is the largest town in East Lothian, on the coast of the Firth of Forth. The town is approximately 5 miles east of Edinburgh city centre and has a population of circa 22,000.

Property info

Floorplan(s): Floorplan 1

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Portolio, EH12 on +44 131 268 9576 * (local rate)

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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.

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