Today’s buy to let opportunity from The Edinburgh
Property Blog is a ready to let, recently re-decorated 1 bed flat in Caledonian
Crescent.
Caledonian Crescent is in Dalry within walking distance
of the City Centre.
Turning to the financials. The asking price for this property, which is
on the market with DJ Alexander, is offers over £115,000 so let’s say it goes
for £125,000. Based on my experience, a
rent of £675 - £700 pcm should be achievable on this property. So that gets you to a yield of 6.5% - 6.7%
.... and it is terribly, terribly central which is good from a capital growth
point of view.
We hope you find our posts useful. If you would like some advice with your
potential investment, please call me on 0131 603 4570 or email me on news@thekeyplace.co.uk.
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