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 modern 1 bedroom 4th floor flat (don’t worry there is a lift) on Hawkhill Close which is a popular area for professional’s and students. I know this because I have personally let countless properties in that development.
The building has secure entry and the property comes with it’s own parking space in a secure underground car park.
The energy Performance Certificate is good and future proof on account of it’s gas central heating and double glazing.
The property is new to the market and is currently being advertised offers over £140000 with the home report coming in at £145k
We think you could achieve an annual rental yield from 6.00% - 6.41% with ease.
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 Purple Bricks and you can check it out by following this link: http://www.rightmove.co.uk/property-for-sale/property-71191754.html
The home report is also available using this link: http://media.rightmove.co.uk/hips/epcs/152k/151100/71191754/151100_400168-1_EPC_01_0000.pdf
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If you would like to chat to us about sourcing your next property call us on 01875 811121