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2 bed Flat For Sale £234,000
4, Trinity Crescent, Newhaven, Edinburgh EH53Ed EH5


Description
** sale by auction - 18 November 2021 **
Timed Online Auction .

*** fabulous investment auction property guide price set £50000 below home report value of £325000*** Immaculately Presented Main door 2 bedroom flat set in sought after Edinburgh's Trinity. Sure to Appeal to Investors looking for a Prime Rental for Airbnb. *** 7 2/1, Trinity Crescent, Edinburgh, EH5 3ED sold for £353,353 in Oct 2018; 9, Trinity Crescent, Edinburgh sold for £448,000 in Oct 2015; 1, Trinity Crescent, sold for £300000 in June 2021 *** ** high yielding investment opportunity** Realistic Rent in this area up to £1350pcm, giving an income of £16200pa which would provide an excellent yield of 5.9% per year if achieved for Guide Price. *huge potential income possible from short term let* Short term lets are highly in demand in this area and could reach £1300 a week giving an annual income of over £50000 based on a 75% occupancy rate. Edinburgh attracts an abundance of visitors all year round due to its culture, beauty and business hubs. A large two bedroom main door flat recently developed to a high standard and benefitting from exceptional views over the Firth of Forth property consists of:- Entrance room/sitting room, Dining kitchen, Bedroom 1, bedroom 2, Bathroom, Mezzanine sitting room Also benefits from communal garden and on street parking EPC rating C

Trinity lies to the north of the city centre, close to the Firth of Forth and yet only a fifteen minute bus ride into the city centre. There are many great amenities on the doorstep as well as excellent schools, primary and secondary in the state and private sector. Close to the new Granton Waterfront development which has plans for new business start-up space, commercial opportunities and plans for Europe’s largest coastal park with new and enhanced green spaces creative arts, culture and leisure space. Edinburgh attracts an abundance of visitors all year round due to its culture, beauty and business hubs, particularly during The Edinburgh Festival and throughout the summer months. Historically the property has performed extremely well as a renal style (Air BnB) due to the proximity of amenities and tourist attractions within the area. Very high demand property which may be suited to residential investor looking for a high yield and return investment. Situated in the seaside district of Newhaven and benefitting from exceptional views over the Firth of Forth

Auction Details
18 November 2021,10am-3pm
Timed Online Auction, Timed Online Auction

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