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Description

  • Status: Available
  • Type: House
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 3
  • Council Tax: Search

Three Bedroom End Terraced House with tenant in place paying £850 per month. Long term tenant for over 15 years - All payments up to date. The property is situated in an established residential area.

The property is a purpose built end terrace two storey house. Comprises: Entrance hallway, living room, kitchen, three bedrooms and bathroom. Net Area: 90 Sq.M. Built circa 1950’s.

The property is situated in an established residential area of Musselburgh. Local amenities, schooling and transport links are available nearby. The property is served by a mains gas supply.

Surrounding properties are a mixture of private and local authority housing. The windows are UPVC, double glazed in casement style. Off street parking and entrance to the property at the front.

RICS Home Report valuation £150,000 (One Hundred and Fifty Thousand Pounds Sterling). Features smoke alarm and carbon monoxide detector. EPC Rating - Band C. Freehold Residential Sale.

*** East Lothian coastal town of Musselburgh *** Three Bedroom End Terraced House with tenant in place paying £850 per month. Long term tenant for over 15 years - All payments up to date. Gas central heating and double glazing. The property is situated in an established residential area of Musselburgh ***Amazing investment opportunity in the wealthy coastal town of Musselburgh *** Rare opportunity to purchase a tenanted residential property at a highly competitive guide price. RICS Home Report valuation £150,000 (One Hundred and Fifty Thousand Pounds Sterling). Features smoke alarm and carbon monoxide detector. EPC Rating - Band C. Freehold Residential Sale. Tenanted Investment - £850 per month. Managed by Landlord. Home Report Available. Local Sales: 8, Moir Avenue, Musselburgh, Midlothian, EH21 8EG sold for £165,000 (February 2019). 9, Macbeth Moir Road, Musselburgh, EH21 8JB sold for £210,000 (February 2025). 15, Galt Avenue, Musselburgh, Midlothian, EH21 8HQ sold for £165,000 (December 2024).

The property is located within Musselburgh, the largest town in East Lothian on the coast of the Firth of Forth, just five miles east of Edinburgh city centre with an estimated population of some 21,000 persons. Musselburgh is a popular commuting town for Edinburgh and benefits from excellent local amenities, shops, bars and restaurants.

Full Address: 34 Moir Avenue, Musselburgh, EH21 8EG

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Map & Location

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Annual
Rent: £10,200 per year / £850 per month
Yield: 11% (approx)
Tenant: Private Individual
Notes: Tenant in place paying £850 per month. Long term tenant for over 15 years - All payments up to date.

Document Downloads

Home Report (Available)   Legal Pack (Pending)

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Pricing Information & Bidding

Opening Bid: £95,000

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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NO PRE-AUCTION OFFERS

You must bid at the live auction for this lot. You may not submit an offer now on this property as the seller has instructed us to offer this lot at the auction room. View our guide on how to bid at the online auction for further instructions.

Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request a varied completion and buyers must satisfy themselves prior to bidding.

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Auction Details

Date & Time: 01 May 2025, 10am-3pm
Type: Timed Online Auction

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