Today’s buy to let opportunity today from The Edinburgh Property Blog is a spacious ex local authority flat in Stenhouse.
The property is a two-bed second/top-floor flat in Stenhouse Avenue West, Stenhouse. The flat has a large lounge with room for a dining area, a kitchen, two bedrooms and a bathroom with a shower over the bath. The property has double glazing and gas central heating. Outside, there is a private area of garden to the rear as well as un-restricted on-street parking.
Interestingly, the flat is being sold fully furnished with all carpets, floor coverings, kitchen appliances and furniture as viewed (excluding sellers personal effects) included in the sale ….. there must be a story behind this one which may help you in the negotiations for the property.
The asking price for this property, which is on the market with Warners, is offers over £135,000 so let’s say it goes for £148,000. I would expect that the flat will let for around £795 which gives you a gross yield of 6.4%.
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 firstname.lastname@example.org.