Stenhouse Crescent Edinburgh, EH11

2 bedroom Flat in Edinburgh

For Sale
Offers Over £128,000
Current Yield 5.9 %
Potential Yield 6.9 %
Property Reference: 192098097
  • Flat
  • 2 Bedrooms
  • 1 Bathrooms
  • 1 Receptions
  • 56 sq m

Property Features

Property Features

  • Buy-to-Let Opportunity
  • Long Term Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • Spacious Lounge
  • Three Piece Bathroom
  • Front and Rear Garden Space
  • Ideal Rental Location In Edinburgh With Easy Access Amenities
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Property Information

Full Details

Our latest listing is a 2 bedroom flat located in Edinburgh. The home is found within Stenhouse where access to amenities is easy, it has long term tenants currently situated and is able to generate good rental returns.

For the investor looking for a reliable investment to add to their portfolio, this is a fantastic opportunity!

The home is well-kept and features 2 bedrooms, a three-piece bathroom, a spacious lounge, kitchen and garden space.

Investment details

The property currently produces an annual gross income of £9,720 which could be increased by the new owner to a market rate of £11,400 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested in viewing the Home Report, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

Location

The property is found in Stenhouse which has direct main road access into the Edinburgh City Centre. Here there are various amenities in the surrounding area such as convenience stores, supermarkets, restaurants, cafes, leisure facilities and parkland areas.

The Slateford Train Station is also in close proximity which makes travel into the city centre, and surrounding areas, quick and direct.

Lounge

The lounge makes for an ample living area with lots of space for furniture and gatherings.

Kitchen

The kitchen has been kept in great condition and is spacious enough for the occupants.

Bathroom

A lovely three-piece bathroom is found consists of a wash basin, W.C. and bath tub with an overhead electric shower.

Bedrooms

The first bedroom is a good size with enough room for a double bed and bedroom furniture, and also has built-in storage cabinets. The second bedroom is smaller but can fit a single bed, bedroom furniture and storage cabinets.

Exterior

There is a front and rear garden space and on-street parking found external to the property.

Let Property are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is fully refundable in the event of non-completion at no fault of your own.

Helpful Information

Council Tax Band: C
Property Reference: 192098097

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £810
  • Potential Rent pcm: £950
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
  • Current Term of Tenancy: 5 years +
  • Tenants means of funding: Local Authority Funded
Property Reference: 192098097
Property Reference: 192098097

Property Location

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Request DetailsStenhouse Crescent Edinburgh, EH11

Offers Over £128,000

Make an offer
Stenhouse Crescent Edinburgh, EH11

Listing Price

Offers Over £128,000

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.