Buy to Let Property of the Week - 30/01/2018 - Where will your next investment be?

Posted On:
January 30, 2018

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 Albion Place. It is a really nice little area off Easter Road which would be attractive to a professional or professional couple. I wouldn’t let the proximity to Hibernian’s stadium put you off. Properties at Hawkhill and Albion Gardens have always been good renters if the price is right.

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 benefits from GCH and a nice EPC rating.

The property is new to the market and is currently being advertised at offers over £115000

We think you could achieve an annual rental yield from 6.39% - 7.13% comfortably. 

Due to the demand of affordable rental property in Edinburgh you shouldn’t have any problems finding tenants, 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 Mackay Sinclair WS and you can check it out by following this link:  https://espc.com/property/15-1f3-albion-place-edinburgh-eh7-5qs/35573550?sid=760232

Vanilla offer FREE property sourcing for Buy to Let investors, the only condition is when you have purchased the property you would use Vanilla as your letting agent. If you would like to chat to us about sourcing your next property call us on 01875 811121 or email peter@vanilla-homes.co.uk

 

For our weekly recommendations to be emailed to you direct please go to www.vanilla-homes.co.uk and register.

 

 

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