OPENING BID

Timed Online Auction

23 September 2021, 10am-3pm

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  • TypeFlat
  • Ownership Freehold
  • Occupation Tenanted
  • Bedrooms 2
  • Council Tax Search SAA

Description

Full Address: 10-2 Giles Street, Edinburgh, EH6 6DA

***FANTASTIC INVESTMENT OPPORTUNITY*** TENNANTED flat in Giles Street, Edinburgh. EXCELLENT INVESTMENT sought after rental location *HOME REPORT 195,000*

ACCOMMODATION CONSISTS: Ground Floor Livingroom Dining Kitchen with Integrated Appliances Two Double Bedrooms Two Bathrooms. Further benefits from Private Parking, Electric Heating and Double Glazing

FANTASTCI SALES EVIDENCE: 10/8, Giles Street, Edinburgh, 2 bed, 192,500 24 Sep 2019 12/2, Giles Street, Edinburgh,2 bed, 192,500 24 Sep 2019

Realistic rental value of 795 to 825 pcm giving an annual income of 9,600- 10,200 and providing a SUPERB YIELD OF 4.9%-5.2% if achieved for guide price. EPC Rating D

Property is Situated in the unique locale of Edinburgh's shore area. There are an enviable selection of bars and restaurants in the vicinity,

***FANTASTIC INVESTMENT OPPORTUNITY*** TENNANTED flat in Giles Street, Edinburgh. EXCELLENT INVESTMENT sought after rental location *HOME REPORT 195,000* ACCOMMODATION CONSISTS: Ground Floor Livingroom Dining Kitchen with Integrated Appliances Two Double Bedrooms Two Bathrooms. Further benefits from Private Parking, Electric Heating and Double Glazing FANTASTCI SALES EVIDENCE: 10/8, Giles Street, Edinburgh, 2 bed, 192,500 24 Sep 2019 12/2, Giles Street, Edinburgh,2 bed, 192,50 24 Sep 2019 Realistic rental value of 795 to 825 pcm giving an annual income of 9,600- 10,200 and providing a SUPERB YIELD OF 4.9%-5.2% if achieved for guide price. EPC Rating D ACCOMMODATION Ground Floor Modern Spacious Accommodation Large Bright Livingroom Dining Kitchen with Integrated Appliances Two Spacious Double Bedrooms Two Bathrooms Private Parking Electric Heating and Double Glazing EPC Rating D

LOCATION Located in aunique and quiet waterside location only a stone 'sthrow away from the lively Leith Shore and a short walk from Commercial Wharf, Giles Street is ideally located. The area enjoys a thriving 'Continental' atmosphere and an exciting choice of restaurants, including a Michelin star restaurant opposite and the very best gastro pubs in Edinburgh right on the doorstep along with local shops and cafes. The Royal Yacht Britannia is a short walk away, as is the Ocean Terminal Shopping and Leisure Complex with many bars and restaurants having views over the harbour.The 12 mile' Water of Leith Walkway' runs from The Shore to Balerno and the Pentland Hills, a designated 'Urban Wildlife Site' and home to over 80 species of birds and patches of ancient woodland. I. There are ten local golf courses within 3 miles and the beautiful East Coast offers some of the best areas in Scotland for golf,

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Floorplans

10-2  Giles Street  Edinburgh

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Tenancy Details

Type of Agreement: Private Residential Tenancy (PRT)
Length: Rolling
Rent: 9,540 per year / 795 per month
Yield: 5% (approx)
Tenant: Private Individual
Notes:

Document Downloads

HOME REPORT AVAILABLE - Download Now   LEGAL PACK PENDING - Request Copy

Location

Pricing Information & Bidding

Opening Bid: £160,000

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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Terms of Sale

  • 10% Deposit
  • Standard Completion
  • Buyers Fee = 2.5% of Sale Price (Minimum £2,500 + vat)

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

Auction Details

Date & Time: 23 September 2021, 10am-3pm
Type: Timed Online Auction

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