Property photos
Just added
Freehold
Fixed price
£199,995
2 bed flat for sale
South Fort Street, Edinburgh EH62 beds
1 bath
1 reception
EPC rating: B
Key Information
Local area information
Property location
Nearby amenities
- Bun-sgoil Taobh na Pairce (Parkside Primary) 0.3 miles
- Trinity Primary School 0.4 miles
- Leith Newhaven Harbour Ferry Landing 0.8 miles
- Edinburgh 1.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Buy-to-Let Investment Property
- Tenanted & Fully Compliant
- 2 Bedrooms
- Home Report £215,000
- Current Rental £1100pm
- Current Yield 6.6%
- Furnished Let
- EPC Rating: B
- 56 sq m
- No Buyers Fees
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.
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.
Floor plans and tours
Floor plans (1)
Tours (1)
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