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2 bed Flat For Sale £150,000
Inchkeith Court, Edinburgh EH7


Description

  • Prime Property Auctions is excited to present a large, tenanted 2 Bedroom flat in popular area within Leith, Edinburgh.   
     
  • * 12 Flat 15, The Ironworks, Pilrig Heights, Edinburgh, EH6 5BB sold for £207,500 in August 2019, 39 Spey Terrace, Edinburgh, EH7 4PU sold for £198,587 in November 2019 *  


  • Property could potentially achieve between £1,300 - £1,400 a month in rent, providing an exceptional investment opportunity for a shrewd investor, providing an annual gross yield of £15,600 - £16,800.  
      
  • Sure to appeal to a shrewd investor looking for an exceptional turnkey opportunity that has the potential to achieve a gross yield of 10.4% - 11.2%, based on a guide price of £150,000.  


  • Property is currently tenanted at £1200 per calendar month providing an annual gross return of £14,400. 

Prime Property Auctions is excited to present a large, tenanted 2 Bedroom flat in popular area within Leith, Edinburgh.   

Property comprises a large 2 Bedroom flat with an entrance hallway, Kitchen/ Livingroom and a bathroom. The spacious accommodation allows for fantastic socialising space with the large living room, coupled with a kitchen. Completing the accommodation is 2 large bedrooms, and a well-equipped bathroom.

Fantastic investment opportunity. Well laid out property set in a popular buy to let location. Potential yield of 10.4% - 11.2% if achieved for guide price of £150,000. 

 

Property could achieve between £1,300 and £1,400/month in rent, providing an exceptional investment opportunity for a shrewd investor, generating an annual gross return of £15,600 - £16,800.  

Property is currently tenanted at £1200 per calendar month providing an annual gross return of £14,400.

Sure to appeal to a shrewd investor looking for an exceptional turnkey opportunity that has the potential to achieve a yield of 10.2%, Based on a guide price of £165,000. 

The property is offered at a DISCOUNT to ensure a fast sale at auction. There is fantastic sales evidence with similar properties selling for much higher: Great Opportunity for capital growth.  

 
* 12 Flat 15, The Ironworks, Pilrig Heights, Edinburgh, EH6 5BB sold for £207,500 in August 2019, 39 Spey Terrace, Edinburgh, EH7 4PU sold for £198,587 in November 2019 * 

Property is due to go to auction for our upcoming timed online event. Be sure to register to not miss out. Should you wish to make an immediate offer you can do so. Please contact the team to discuss how to make an offer today. 

Location:  

Nestled amidst the rugged beauty of Scotland, Edinburgh stands as a city of captivating contrasts, where history seamlessly intertwines with modernity. This enchanting capital city is a tapestry of architectural splendour, lush landscapes, and a vibrant cultural scene that beckons visitors from all corners of the globe. 

Edinburgh's iconic skyline is dominated by the grandeur of its historic fortress, Edinburgh Castle, perched majestically atop an ancient volcanic rock known as Castle Rock. This medieval stronghold not only offers panoramic vistas of the city but also serves as a reminder of the city's rich and often tumultuous past. 

Wandering through the city's cobbled streets, you'll find yourself in the midst of an architectural journey spanning centuries. The Royal Mile, a historic thoroughfare that connects the castle with the Palace of Holyrood house, is lined with centuries-old stone buildings. It's a bustling hub of activity, featuring quaint shops, cosy pubs, and street performers that add a touch of whimsy to the scene.

Follow the link for more information:
        
onthemarket.com

  
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