Tuesday, 2 October 2018

Buy to let in Edinburgh made easy!

Today’s buy to let opportunity from The Edinburgh Property Blog is one bed flat in Gorgie.

The flat is in Wardlaw Place in Gorgie.  It has a lounge with a kitchen off it, a double bedroom, a bathroom (with shower over the bath) and a separate WC. 

Turning to the financials.  The asking price for this property, which is on the market with Ennova, is offers over £110,000.  Based on information in the advert, the seller is assuming that the flat will sell for £125,000 so let’s say it goes for £125,000  The flat is currently let for £650 pcm which get you to a yield of 6.2%. 

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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