2 bed flat for sale in Inchkeith Court, 9/1 Spey Terrace, Edinburgh EH7, £150,000

150,000.00

Offer Nr.:
65378179
Type of ad:
for Sale
Property type:
2 bed flat
Bedrooms:
2
Bathrooms:
1
Reception rooms:
1
Contact name:
Prime Property Auctions
Phone(s):
0330 098 3814

* Freehold
* Prime Property Auctions is excited to present a large, tenanted 2 Bedroom flat in popular area within Leith, Edinburgh.
* *** 12 Flat 15, The Ironworks, Pilrig Heights, Edinburgh, EH6 5BB sold for £207, 500 in August 2019, 39 Spey Terrace, Edinburgh, EH7 4PU sold for £198, 587 in November 2019 ***
* Property could potentially achieve between £1, 300 - £1, 400 a month in rent, providing an exceptional investment opportunity for a shrewd investor, providing an annual gross yield of £15, 600 - £16, 800.
* Sure to appeal to a shrewd investor looking for an exceptional turnkey opportunity that has the potential to achieve a gross yield of 10. 4% - 11. 2%, based on a guide price of £150, 000.
* Property is currently tenanted at £1200 per calendar month providing an annual gross return of £14, 400.
* Prime Property Auctions is excited to present a large, tenanted 2 Bedroom flat in popular area within Leith, Edinburgh.
* *** 12 Flat 15, The Ironworks, Pilrig Heights, Edinburgh, EH6 5BB sold for £207, 500 in August 2019, 39 Spey Terrace, Edinburgh, EH7 4PU sold for £198, 587 in November 2019 ***
* Property could potentially achieve between £1, 300 - £1, 400 a month in rent, providing an exceptional investment opportunity for a shrewd investor, providing an annual gross yield of £15, 600 - £16, 800.
* Sure to appeal to a shrewd investor looking for an exceptional turnkey opportunity that has the potential to achieve a gross yield of 10. 4% - 11. 2%, based on a guide price of £150, 000.
* Property is currently tenanted at £1200 per calendar month providing an annual gross return of £14, 400.
Prime Property Auctions is excited to present a large, tenanted 2 Bedroom flat
in popular area within Leith, Edinburgh.
Property comprises a large 2 Bedroom flat with an entrance hallway, Kitchen/
Livingroom and a bathroom. The spacious accommodation allows for fantastic
socialising space with the large living room, coupled with a kitchen.
Completing the accommodation is 2 large bedrooms, and a well - equipped
bathroom.
Fantastic investment opportunity. Well laid out property set in a popular buy
to let location. Potential yield of 10. 4% - 11. 2% if achieved for guide price
of £150, 000.
Property could achieve between £1, 300 and £1, 400/month in rent, providing an
exceptional investment opportunity for a shrewd investor, generating an annual
gross return of £15, 600 - £16, 800.
Property is currently tenanted at £1200 per calendar month providing an annual
gross return of £14, 400.
Sure to appeal to a shrewd investor looking for an exceptional turnkey
opportunity that has the potential to achieve a yield of 10. 2%, Based on a
guide price of £165, 000.
The property is offered at a discount to ensure a fast sale at auction. There
is fantastic sales evidence with similar properties selling for much higher:
Great Opportunity for capital growth.
*** 12 Flat 15, The Ironworks, Pilrig Heights, Edinburgh, EH6 5BB sold for
£207, 500 in August 2019, 39 Spey Terrace, Edinburgh, EH7 4PU sold for £198, 587
in November 2019 ***
Property is due to go to auction for our upcoming timed online event. Be sure
to register to not miss out. Should you wish to make an immediate offer you
can do so. Please contact the team to discuss how to make an offer today.
Location:
Nestled amidst the rugged beauty of Scotland, Edinburgh stands as a city of
captivating contrasts, where history seamlessly intertwines with modernity.
This enchanting capital city is a tapestry of architectural splendour, lush
landscapes, and a vibrant cultural scene that beckons visitors from all
corners of the globe.
Edinburgh's iconic skyline is dominated by the grandeur of its historic
fortress, Edinburgh Castle, perched majestically atop an ancient volcanic rock
known as Castle Rock. This medieval stronghold not only offers panoramic
vistas of the city but also serves as a reminder of the city's rich and often
tumultuous past.
Wandering through the city's cobbled streets, you'll find yourself in the
midst of an architectural journey spanning centuries. The Royal Mile, a
historic thoroughfare that connects the castle with the Palace of Holyrood
house, is lined with centuries - old stone buildings. It's a bustling hub of
activity, featuring quaint shops, cosy pubs, and street performers that add a
touch of whimsy to the scene.

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