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1 bedroom flat for sale
Pitt Street, Flat 4, Edinburgh EH6
£115,000
Pitt Street, Flat 4, Edinburgh EH6
£115,000
Our Summary
- HIGH YIELD INVESTMENT OPPORTUNITY
- * REDUCED FOR QUICK AUCTION SALE * PROPERTY CONSISTS OF:- Entrance Hall, Lounge/kitchen/diner, Double Bedroom, Shower room, Separate W
- HIGH YIELDING INVESTMENT OPPORTUNITY- Long term tenant paying £600pcm giving an annual income of £7,200 and offering a superb yield of 7% if achieved for guide price
- 25m (17'7Auction Details31 October 2024, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
- Future Property Auctions - Scotland's Largest Land and Property Auction House
Description
This is a superb tenanted investment opportunity in the popular Bonnington area of Edinburgh. The property is a first-floor, one-bedroom flat that is in excellent walk-in condition and has been reduced for a quick auction sale. The flat features an entrance hall, open-plan lounge/kitchen/diner, double bedroom, shower room, and separate WC. The property benefits from shared rear garden area, double glazing, and gas central heating. The current long-term tenant pays £600 per month, giving an annual income of £7,200 and a yield of 7% if achieved for the guide price. The property also has potential for a student rental, with a realistic rent of £1,050-£12,300 per annum. The property is being sold through a timed online auction on October 31, 2024, with viewing and bidding available online.