1 bed flat for sale in Polton Street, Bonnyrigg EH19, £104,995

104,995.00

Offer Nr.:
65537011
Type of ad:
for Sale
Property type:
1 bed flat
Bedrooms:
1
Bathrooms:
1
Reception rooms:
1
Contact name:
Portolio
Phone(s):
0131 268 9576

* Freehold
* Buy - To - Let Investment
* Tenanted & Fully Compliant
* 1 Bedroom
* Current Rental £570pm
* Market Rental £700pm
* Current Yield 6. 5%
* 48 sq m
* EPC Rating: D
* Home Report £110K
* Price Includes all the Inventory Items & Safety certs
Tenanted one - bedroom upper flat in popular Bonnyrigg, which has spacious rooms
with light neutral décor throughout.
The property has generous built - in storage and access to private parking. It
is comprised of a living/dining room with a neighbouring kitchen, one large
double bedroom, and a three - piece bathroom. It also enjoys a convenient
location, set within easy reach of local amenities and regular transport
links, providing an easy commute into Edinburgh. Reached via a secure entry
system and shared stairwell, the flat’s front door opens into a hall with two
built - in cupboards and a storage alcove. The hall flows naturally into the
living/dining room, which has a spacious footprint for comfortable
furnishings. This reception area is brightly illuminated by a picture window
and it is framed by a fireplace. The kitchen is adjacent, fitted in a galley
style. It has base and wall - mounted cabinets and complementary worktops that
are backed by matching splashback panels. Meanwhile, the double bedroom has
spacious proportions for bedside furniture. Plus, it has two built - in
wardrobes for added convenience. The accommodation is completed by a three -
piece bathroom with an overhead shower. The property has gas central heating
and double - glazed windows throughout. Externally, there is a communal garden
and drying area. Furthermore, there is private residents' parking available to
the rear.
The property is being sold with the tenants in situ as a buy - to - let investment
and is fully compliant with prt, property inventory, eicr, gas safety, pat,
legionella risk assessment, and deposit certificate. The tenant has been
resident since August 2013 providing rental income on day 1 of purchase, the
current tenancy generates an annual rental income of £6, 840. Please note, for
a future tenancy the property has the potential to secure £8, 400pa and
generate a yield of 7. 6%. The property is sold as seen and the sale price
includes all the inventory items.
Increasingly popular with professionals and families seeking a quiet retreat
from the capital, the historic town of Bonnyrigg enjoys a picturesque
countryside setting just seven miles from Edinburgh city centre. Well - served
by excellent local amenities, the town’s bustling high street is home to
numerous well - known and independent retailers, as well as a range of
supermarkets, a bank, pubs, and eateries. Further beneficial facilities
include a medical centre and local hospital, whilst, in terms of education,
the town is serviced by five primary schools and a high school. Set between
the forks of the River Esk and surrounded by idyllic Midlothian countryside,
Bonnyrigg is the perfect base from which to enjoy a range of outdoor pursuits,
including pleasant walks and cycle rides, with the town also hosting its own
rugby and bowling clubs, as well as the prestigious Broomieknowe Golf Course.
Falling into the capital’s commuter belt, Bonnyrigg enjoys superb transport
links, lying near to the Edinburgh City Bypass and benefiting from regular bus
links, and a nearby rail service, into the capital. The property offers an
easy commute to the Edinburgh Royal Infirmary.

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