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2 bedroom flat for sale
Silverknowes Road, Edinburgh, EH4
£162,995
Silverknowes Road, Edinburgh, EH4
£162,995
Our Summary
- There is scope to increase the rental for a future tenancy
Description
This tenanted 2-bedroom property investment is located in the Silverknowes area of Edinburgh, on the top floor of a 3-storey development. The property boasts an entrance hall, living room, kitchen, two bedrooms, and bathroom, with gas central heating, double glazing, and a well-maintained communal garden. The property is being sold with the current tenants, who have been in residence since 2011, providing a rental income of £9,300 per annum, representing an immediate yield of 5.7%. The property is available at a price £17,000 below the Home Report value of £180,000, making it an attractive investment opportunity. The area is conveniently located, with easy access to public transport and local amenities, and is a short drive to the city centre.