2 bedroom flat for sale

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2 bedroom flat for sale

Birkenside, Gorebridge, EH23
£134,995

Our Summary

  • This well-proportioned upper villa flat presents an excellent buy-to-let investment opportunity, with tenants in situ providing immediate rental income

Description

This two-bedroom buy-to-let investment property in Gorebridge, Midlothian, offers an excellent opportunity for investors, with tenants in situ providing immediate rental income. The property, located in a traditional two-storey block, features an entrance hall, living room, kitchen, two bedrooms, and bathroom, with gas central heating, double glazing, a garden, and full compliance for the rental market. The current annual rental income is £10,496.04, yielding 7.7%, with a rent increase notice served for a new rental of £950pm starting September 2025, increasing the yield to 8.4%. The property is being sold as seen, unfurnished, and has a Home Report value of £140,000. Gorebridge's strategic location near Edinburgh, ongoing development projects, and strong rental demand make it an attractive location for both homebuyers and investors.