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2 bed flat
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Our Summary
- The combination of a prime location and high-quality finishes makes this apartment an attractive investment opportunity, offering strong returns with a hands-off management approach
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Description
This top-floor two-bedroom apartment on Queen Street in Edinburgh City Centre is a highly appealing investment opportunity, generating a net investment yield of 5.91%. The apartment is fully managed by Destiny Scotland, with a steady revenue stream and occupancy rate of approximately 90%. The property is located in a prime spot, just a few minutes' walk from Waverley train station, the bus station, and the tram line, making it an attractive proposition for both leisure and corporate guests.
The apartment itself features a well-proportioned open-plan kitchen/living area, two bedrooms, and two bathrooms, all finished to a high standard. With a rateable value of £11,200 per annum and the potential for rates relief, this property offers strong returns with a hands-off management approach.