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1 bedroom flat for sale
Gorgie Road, Edinburgh EH11
£159,995
Gorgie Road, Edinburgh EH11
£159,995
Our Summary
- 4% with the scope to increase the yield for a future tenancy
Description
User 1:This top-floor, one-bedroom property in Edinburgh's Gorgie district is an ideal buy-to-let investment opportunity. The apartment, part of a trio of similar units, offers a spacious open-plan living room/kitchen, a double bedroom, a shower room, and a sizable boxroom. It is equipped with double glazing, gas central heating, and offers residents' off-street parking. The property is fully compliant with rental market standards and is currently tenanted, with the tenant having resided there since May 2023, ensuring immediate rental income. The annual rental yield is a robust 6.4%, with potential for future increases. The property is offered for sale at the Home Report valuation of £165,000, complete with all inventory items as currently arranged. Gorgie is a dynamic area with excellent connectivity to the city centre, financial district, and local amenities, including shopping, dining, and leisure facilities at Fountain Park, and is well-served by public transport, making it an attractive proposition for both tenants and investors alike.