Flat for sale in Carrick Knowe Avenue, Edinburgh EH12

Fixed price £169,995
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Flat for sale - 2 bedrooms

2 1 1

Tenure:
Freehold
Council tax band:
Not available

Property features

  • Buy-to-let Investment
  • Tenanted & Fully Compliant
  • 2 Bedrooms
  • Home Report £185,000
  • Current Rental £850pm
  • Current Yield 6%
  • Potential Yield 8.5%
  • EPC Rating: C
  • No Buyer Fees
  • 60 sq m

Property description

Tenanted 2 bedroom property in the Carrick Knowe area of Edinburgh. This ground floor buy-to-let investment is located west of Edinburgh City Centre. The accommodation comprises an entrance hall, two bedrooms, a living room, a kitchen, and bathroom. The property benefits from having gas central heating, double glazing, and being fully compliant for the rental market.

The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the tenant has been resident since October 2020 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £10,200 which represents an immediate yield of 6% and a potential yield at current market rental rates of 8.5%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £185K.

Carrick Knowe is a suburb in the west of Edinburgh, located approximately 3 miles from the city centre. The lower villa lies within easy reach of excellent local amenities including shops, transport links, Corstorphine Hill, and Carrick Knowe golf course.

Property info

Floorplan(s): Floorplan 1

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Portolio, EH12 on +44 131 268 9576 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Portolio, and do not constitute property particulars. Please contact Portolio for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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