* Freehold
* Buy - to - let Investment
* Tenanted & Fully Compliant
* 2 Bedrooms
* Current Rental £700pm
* Current Yield 6. 1%
* 69 sq m
* Furnished Let
* Price Includes Inventory Items and safety certificates
* EPC Rating: C
This tenanted first - floor flat forms part of an established development in
Oxgangs and offers two bedrooms, a spacious living room with a private
balcony, a kitchen, two double bedrooms, and a bathroom, as well as access to
shared gardens and unrestricted on - street parking. A shared entrance and
stairwell lead to the flat’s front door, where you are welcomed inside by a
hall with two built - in storage cupboards. At the end of the hall to the right,
you step into a living room, where plenty of space is provided for furniture
and patio doors open onto a private balcony. The kitchen conveniently
neighbours the living room and is fitted with wall and base cabinets, spacious
worktops, and splashback tiling, with a breakfast bar offering seating for
two. An oven and hob are integrated, whilst provision is made for freestanding
appliances. The flat accommodates two double bedrooms, both offering plenty of
space for freestanding furniture, with floorspace maximised by large built - in
wardrobes. A bathroom completes the accommodation on offer and comprises a
bath with an overhead shower, a pedestal basin, and a WC. Gas central heating
and double glazing ensure year - round comfort and efficiency. Externally, the
development is accompanied by shared gardens and parking on Oxgangs Crescent
and in the vicinity is conveniently unrestricted.
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 April 2019 providing rental income on day 1 of purchase, the
current tenancy generates an annual rental income of £8, 400. Please note, for
a future tenancy the property has the potential to secure £10, 200 pa and
generate a yield of 7. 4%. The property is sold as seen and the sale price
includes all the inventory items.
The popular and well - connected suburb of Oxgangs lies just over 3 miles from
the city centre, making it an ideal location for city professionals and
families alike. A large - scale regeneration project in the area, which has been
ongoing for the last 10 years, has created new homes, commercial properties,
and open green spaces, ensuring the growth of Oxgangs and making sure there is
something for everyone in the area. Oxgangs is home to a fantastic range of
amenities, including supermarkets, a library, a Post Office, a doctor’s
surgery, a pharmacy, newsagents, a bakery, a selection of takeaway outlets,
hairdressers, barbers, and beauty salons. Oxgangs Neighbourhood Centre and the
Pentland Community Centre are at the heart of the community and offer a range
of health, fitness and dance classes, art classes, social groups, youth
groups, and youth activities. For the active type, Gracemount Gym and
Craiglockhart Leisure & Tennis Centre are both within easy driving distance,
or for the outdoor lover, the area is surrounded by open green spaces and lies
enviably close to the Pentland Hills Regional Park and the Hermitage of Braid
and Blackford Hill Nature Reserve. Oxgangs is served by several primary
schools, with secondary schooling provided nearby, and further education is
easily accessible with Napier University close - by. The area is well - connected
to the city centre and the rest of the capital with regular bus services, as
well as being ideally placed for swift access to the City Bypass.

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