1 bed flat for sale in Portobello High Street, Edinburgh EH15, £139,995

139,995.00

Offer Nr.:
65749034
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
* Home Report £145K
* 1 bedroom
* Current Rental £750pm
* Current Yield 6. 4%
* 42 sq m
* EPC Rating: C
* Furnished Let
* Price Includes Inventory Items & Safety Certificates
This first - floor flat forms part of a traditional building in sought - after
Portobello, on the High Street and with excellent amenities on the doorstep
and enviably close by.
The flat offers a double bedroom, a living room with a home office/dining
area, a kitchen, and a shower room, plus access to a shared garden and access
to unrestricted on - street parking. A secure shared entrance and stairwell
takes you to the flat’s front door, where you are welcomed inside by hallway
with built - in storage. Leading off the hall to the right is a spacious living
room with an incorporated dining area, offering potential for use as a home
office/study area. Also connected to the living room is the kitchen, where you
will find wall and base cabinets, spacious worktops, splashback tiling, and an
integrated oven and hob. Provision is made for freestanding appliances. The
flat accommodates a good - sized double bedroom, offering plenty of space for
furniture and including a large built - in wardrobe. A modern shower room
completes the accommodation on offer and comprises a shower enclosure, a WC, a
basin, and a chrome towel radiator. Gas central heating and double glazing
ensure year - round comfort and efficiency. Externally, the flat enjoys access
to a shared garden and unrestricted on - street parking.
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 a
resident since September 2020 providing rental income on day 1 of purchase,
the current tenancy generates an annual rental income of £9, 000. The property
is sold as seen and the sale price includes all the inventory items.
Located approximately three miles northeast of the city centre, the desirable
suburb of Portobello enjoys the best of both worlds: A quaint seaside ambience
with the perks of city life right on its doorstep. Set beside a long sandy
beach and promenade, within sight of Arthurs Seat and within minutes of the
picturesque East Lothian countryside, it is easy to understand why this is one
of the capitals most popular postcodes! The area is served by a fantastic
range of local services and amenities, with more extensive shopping facilities
available in Musselburgh or Fort Kinnaird just a short drive away. Or for a
more local, traditional shopping experience, the bustling High Street is lined
with a charming array of shops, including cafés, restaurants, galleries,
independent retailers, bakers, butchers, and greengrocers. For sport and
fitness enthusiasts, Portobello Swim Centre boasts swimming facilities, a
well - equipped gym, and a varied programme of fitness classes, as well as
Edinburgh’s only public authentic Turkish Baths. The area is extremely popular
with commuters owing to its excellent public transport links into the city
centre, as well as its proximity to Edinburgh City Bypass and the A1.

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