Once a week we will have a look through Edinburgh and the Lothian’s property "for sale" market and highlight a buy to let investment opportunity which offers good value, potential for a decent yield and a safe bet for good long-term tenancies.
Our search is completely independent and we hold no affiliations with any of the selling agents that happen to be marketing our chosen property.
Our property that we have chosen this week is a traditional 1 bedroom 1st floor flat on Brunswick Road, Edinburgh which is a popular area for professional’s and come to think of it most renters due to it being close to lovely bars, restaurants and shops as well as walking distance to the city centre.
It has really nice features such as shared garden, “walk in dressing room / box room”, secure entry, double glazing, gas central heating and a recently refurbished kitchen.
As mentioned above it's on the 1st floor which is good for most renters. (Ground floor can be a turn off for security conscious tenants).
The property is new to the market and is currently being advertised at offers over £132,500.
We think you could achieve an annual rental yield from 6.11% - 6.53% comfortably and possibly a little bit more.
Due to demand the property shouldn’t have any problems renting, keeping void periods to a minimum, making this a good safe investment and great opportunity to bulk up a property portfolio.
The property is being marketed by Aberdein Considine and you can check it out by following this link: http://www.rightmove.co.uk/property-for-sale/property-64271080.html
If you would like any advice on renting out your investment property, please get in touch.