£148,995

2 bed flat for sale

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Sold STC
Freehold

Fixed price

£148,995

2 bed flat for sale

The Parsonage, Musselburgh EH21

2 beds
2 baths
1 reception
EPC rating: D

Key Information

Tenure:
Freehold
Council tax band:

Local area information

Property location

Nearby amenities

  • Loretto RC Primary School 0.1 miles
  • Loretto School 0.1 miles
  • Wallyford 1.3 miles
  • Musselburgh 1.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Buy-to-let Investment
  • Tenanted & Fully Compliant
  • 2 Bedrooms
  • EPC Rating: D
  • 55 sq m
  • Home Report £155,000
  • Unfurnished Let
  • Current Rental £757pm
  • Current Yield 6.1%
  • No Buyer Fees
Tenanted 2 bedroom property forming part of a quiet modern development in the popular East Lothian town of Musselburgh. The main door buy-to-let investment property comprises an entrance vestibule, living room, kitchen, hall, two double bedrooms, and bathroom. The property benefits from having double glazing, electric heating, residents parking, well kept communal areas and 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 a resident since December 2020 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £9,084 with a potential of a future tenancy to generate a yield of 7.2%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £155K.

Musselburgh is located on the coast of the Firth of Forth approximately 5 miles east of Edinburgh city centre. The property is conveniently positioned for easy access to Musselburgh High Street which has excellent amenities and good bus and rail services. The development is factored for a cost of approximately £150pa.

Floor plans and tours

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  1. Zoopla
  2. For sale
  3. East Lothian
  4. Musselburgh
  5. Parsonage

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