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1 bedroom flat for sale
Duke Street, Edinburgh, EH6
£134,995
Duke Street, Edinburgh, EH6
£134,995
Our Summary
- The property offers an excellent opportunity for future renovation that would increase the valuation and rental value to £900 - £1000pm
Description
This one-bedroom buy-to-let property is located in the heart of Leith, Edinburgh, within a traditional tenement. The top-floor flat features an open-plan kitchen living room, double bedroom, and shower room with WC, and benefits from gas central heating, double glazing, and loft insulation, earning an EPC rating of C75. The property is currently tenanted, with a long-term tenant in situ since 2004, generating an annual rental income of £8,040 and an immediate yield of 6%. The property offers scope for future renovation to increase its valuation and rental value, and is sold as seen, unfurnished. The Home Report value is £140,000, and the property is located just a short walk from Leith Walk and The Shore, with easy access to tram and bus services.