Superb buy to let opportunity- A generous, one bedroom, third floor apartment forming part of a former bonded warehouse situated in the popular residential area of Leith. The block is well maintained and communal areas are in excellent condition. Accommodation Entrance hallway, open plan living room and kitchen, double bedroom, bathroom, Excellent storage. Communal stair with lift, The property presents a great opportunity for the ‘buy to let’ investor. Realistic rental value of £800 to £850 pcm giving an annual income of £9,600- £10,200 and providing a superb yield of 9%-10% if achieved for guide price. Excellent recent sales evidence in the block....6/22 Commercial Wharf, £180,000...6/9 Commercial Wharf, £172,000... 6/31 Commercial Wharf, £145,000...6/6 Commercial Wharf £161,000
Property is Situated in the unique locale of Edinburgh's shore area. There are an enviable selection of bars and restaurants in the vicinity, and the area is easily accessed either by car or by public transport. The Scottish Executive is now established in the dock area, as is the former Royal Yacht Britannia. The large Ocean Terminal shopping centre is around a 10 minute walk away.
Auction Details
21 March 2019,7.00pm
Edinburgh Marriott Hotel, 111 Glasgow Road, EH12 8NF
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