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Description
- Status: Available
- Type: Flat
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 3
- Council Tax:
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PRIME INVESTMENT OPPORTUNITY*** LARGE 3 bedroom flat in Edinburgh with an IMMEDIATE RENTAL INCOME OF £22,200 PER ANNUM***
SUPER INVESTMENT OPPORTUNITY***Currently LET at £1,850pcm (£22,200 Per Annum). Automatic rent increase by 5% every 12 months - next increase will be on 03/04/2025 and will increase to £1,943pcm.
Local Sales Evidence; 2/5, Westfield Road, Edinburgh, EH11 2RQ (2 Bed) recently SOLD for £254,500 in August 2024*** EXCELLENT RENTAL LOCATION close to amenities and transport links.
THREE bedroom flat currently LET at £1,850pcm with a 5% increase every 12 months. Immediate Return on Investment.
PRIME LOCATION*** Within easy reach of the City Centre, West End, Financial District, Haymarket and Saughton Public Park.
PRIME INVESTMENT OPPORTUNITY*** LARGE 3 bedroom flat in Edinburgh with an IMMEDIATE RENTAL INCOME OF £22,200 PER ANNUM*** Council Tax Band A.
SUPER INVESTMENT OPPORTUNITY***Currently LET at £1,850pcm (£22,200 Per Annum). Automatic rent increase by 5% every 12 months - next increase will be on 03/04/2025 and will increase to £1,943pcm.
Local Sales Evidence; 2/5, Westfield Road, Edinburgh, EH11 2RQ (2 Bed) recently SOLD for £254,500 in August 2024*** EXCELLENT RENTAL LOCATION close to amenities and transport links.
THREE bedroom flat currently LET at £1,850pcm with a 5% increase every 12 months. Immediate Return on Investment.
PRIME LOCATION*** Within easy reach of the City Centre, West End, Financial District, Haymarket and Saughton Public Park.
The property is located within easy reach of the West End, Financial District, Haymarket and Saughton Public Park. Bustling Gorgie and Dalry have an array of dining and retail choices and nearby Fountain Park boasts a multiplex cinema, casual eateries, and a state-of-the-art gym. Edinburgh Napier University at Merchiston, Edinburgh College Sighthill Campus, and Heriot-Watt University are easily accessible. Regular bus and tram services connect Gorgie quickly to the city centre and beyond, and there is easy access to the A8 linking to the City Bypass.
Full Address: 2/4 Westfield Court, Edinburgh, EH11 2RJ
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Tenancy Details
Type of Agreement: Basic Lease
Length:
Rent: £22,200 per year / £1,850 per month
Yield: 12% (approx)
Tenant: Private Individual
Notes: commercial leases - both parties required to give 6 months notice to vacate.
Document Downloads
Home Report (Available)
Legal Pack (Available)
Video Property Tour
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Pricing Information & Bidding
What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).
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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our
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SPECIAL Terms of Sale
- 10% Deposit
- Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
- £2000 + VAT for sellers legal fees
VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.
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Auction Details
Date & Time: 28 November 2024, 10am-3pm
Type: Timed Online Auction
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