1 Bed Flat For Sale

A fantastic opportunity to acquire a tenanted one-bedroom second floor flat, ideally located on East Fountainbridge just off Lothian Road, in the heart of Edinburgh. This traditional tenement property, built circa 1890, offers immediate rental income and is fully compliant for the rental market. The accommodation extends to approximately 40 sq m and comprises: entrance hallway, living room with kitchen off, bedroom, and shower room. The property benefits from a partial electric panel heating system, hot water via a hot water tank, and single-glazed windows.

The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant, and the tenant has been resident since August 2023, providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £11,280, which represents an immediate yield of 5.9%. Comparables show the market rental is £1100pm. The property is sold as seen, and the sale price includes all the inventory items. The Home Report value is £190K.

Situated in a prime central location, the flat is within easy reach of Edinburgh’s West End, the financial district, universities, and a wide range of local shops, cafes, bars, and excellent public transport links.