Property Details

3 bedroom flat for sale For Sale

EH12 644, Glasgow Road, North Gyle, South Gyle, City of Edinburgh, Alba / Scotland, EH12 8LX, United Kingdom

£216,000

ROI = 13% BMV = 36.17%

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Description

A spacious and well kept 2 bedroom flat located in Edinburgh. There are various valuable amenities within walking distance of the property and it is able to generate rewarding rental returns. For investors looking for a reliable, long term investment, this is a brilliant opportunity! The home is in good condition and features 2 bedrooms, a three-piece bathroom and ensuite shower room, a spacious lounge and a kitchen. Investment details The property currently produces an annual gross income of £12,600 which could be increased by the new owner to a market rate of £15,000 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio. For greater detail on this property's investment potential, please see the Let Property Pack linked below. If you are interested in viewing the Home Report, please call us. Tenancy Details The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property. Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

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