£199,995

2 bed flat for sale

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Just added
Freehold

Fixed price

£199,995

2 bed flat for sale

South Fort Street, Edinburgh EH6

2 beds
1 bath
1 reception
EPC rating: B

Key Information

Tenure:
Freehold
Council tax band:

Local area information

Property location

Nearby amenities

  • Bun-sgoil Taobh na Pairce (Parkside Primary) 0.3 miles
  • Trinity Primary School 0.4 miles
  • Leith Newhaven Harbour Ferry Landing 0.8 miles
  • Edinburgh 1.5 miles

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

Features and description

  • Freehold
  • Buy-to-Let Investment Property
  • Tenanted & Fully Compliant
  • 2 Bedrooms
  • Home Report £215,000
  • Current Rental £1100pm
  • Current Yield 6.6%
  • Furnished Let
  • EPC Rating: B
  • 56 sq m
  • No Buyers Fees
Tenanted 2 bedroom buy-to-let investment just off Ferry Road. This first floor property is situated within a modern development with the accommodation comprising a hallway, bright double window living room with space for dining table, two double bedrooms, fully fitted kitchen, and a bathroom with shower. The property benefits from double glazing, gas central heating, well kept stairwell, off-street private parking, 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 July 2023 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £13,200 representing an immediate yield of 6.6%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £215K. The development is factored by James Gibb for approximately £225 per quarter.

The Leith area has a thriving community, and the property is well placed and within walking distance of the City Centre, local amenities, and services the area has to offer. These include a variety of local supermarkets and a wide variety of local convenience shopping. Also well placed for The Shorew area and Ocean Terminal offering a range of retail outlets, a multiplex cinema, and gym.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours (1)

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  1. Zoopla
  2. For sale
  3. Edinburgh
  4. Edinburgh
  5. Edinburgh North
  6. South Fort Street

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