Today’s buy to let opportunity from The Edinburgh
Property Blog is a ready to let, nicely decorated, 1 bed flat in Wardlaw Street.
Wardlaw Street is in Gorgie within walking distance of
the City Centre.
Turning to the financials. The asking price for this property, which is
on the market with ScotHouseMove.com, is offers over £83,500 so let’s say it
goes for £90,000. Based on my experience,
a rent of £550-575 pcm should be achievable on this property. So that gets you to a yield of 7.3% - 7.7%.
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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