South Street, Musselburgh, EH21

1 bedroom Flat in Musselburgh

For Sale
Offers Over £112,000
Current Yield 7.2 %
Potential Yield 8.8 %
Property Reference: 215797705
  • Flat
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 48 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenants Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Well Maintained Property
  • On-Street Parking
  • Communal Garden at the Back
  • Easy Access to Local Amenities
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

A well-maintained 1-bedroom flat located in Musselburgh. There are various valuable amenities within walking distance of the property, and it can generate rewarding rental returns.

This is a brilliant opportunity for investors looking for a reliable, long-term investment!

The home is in good condition, featuring one bedroom, a lounge, a kitchen, a bathroom, a shared back garden, and on-street parking.

Investment details

It currently produces an annual gross income of £9,000 which the new owner could increase to a market rate of £10,956 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.

Please see the Let Property Pack linked below for greater details on this property's investment potential.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for their stay. They do not intend to move out, so they hope to remain in the property.

Let Property Sales is committed to facilitating a smooth transaction process and allowing maximum commitment to the sale from both parties; a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.

Helpful Information

Council Tax Band: A
Property Reference: 215797705

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £750
  • Potential Rent pcm: £913
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 0-2 years
  • Tenants means of funding: Employment
Property Reference: 215797705
Property Reference: 215797705

Property Location

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Request DetailsSouth Street, Musselburgh, EH21

Offers Over £112,000

Make an offer
South Street, Musselburgh, EH21

Listing Price

Offers Over £112,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.