- Investment Opportunity +
- Income of £51,000 / yr +
- 8.2% Gross Yield +
- Student Rental Contract (from June 2024) +
- 5 Bedrooms +
- 3rd Floor +
Income of £51,000 / year (8.2% Gross Yield)
131/6 Warrender Park Road is a 5 bedroom, 3rd floor apartment in Marchmont, Edinburgh.
The property has been completely refurbished by the present owner and is now presented in turn key condition.
The current owner rents 5 bedrooms to students, with a contract signed for the 2024 / 25 academic year for £4,250 / month (from 3 June). This represents gross rent of £51,000 / year, or 8.2% yield (based on HR valuation of £620,000).
A large dining / kitchen / living room is to the rear of the home. Modern appliances include a gas hob, oven and fridge / freezer.
There are 5 double bedrooms all with carpet flooring, a family bathroom with shower over the bath and a separate shower.
There is excellent storage throughout and a shared garden to the rear.
Public parks, Bruntsfield Links and The Meadows, are just on your doorstep providing extensive green space and pathways to enjoy.
Permit parking is available on Warrender Park Road (by application to Edinburgh Council).
EPC Rating C.