21 (3F1) Montague Street, Newington... 4 bed flat for sale

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21 (3F1) Montague Street, Newington... 4 bed flat for sale

21 (3F1) Montague Street, Newington, Edinburgh, EH8
£340,000

Our Summary

  • The property is being sold as HMO investment opportunity with tenants in situ
  • INVESTMENT OPPORTUNITY
  • Investment opportunity

Description

This investment property is a bright and spacious four-bedroom flat located on the third floor of a late Victorian tenement in the desirable Newington district of Edinburgh. The property is being sold with tenants in situ, currently paying £2625 per month, providing a gross yield of 9% based on the Home Report valuation. The flat features a spacious sitting/dining room/kitchen with bay window, four double bedrooms, and a shower room with separate WC. The property benefits from gas central heating, access to a communal rear drying green, and on-street permit parking available nearby. Located in the heart of Newington, the property is close to local shops, cafes, and restaurants, as well as the University of Edinburgh, Edinburgh College of Art, and the National Library of Scotland. Excellent bus services provide access to the city centre, and the A701 leads out to the City Bypass and central motorway network. All compliance certificates will be made available to the buyer.