Tenanted 2 bedroom property forming part of a quiet modern development in the popular East Lothian town of Musselburgh. The main door buy-to-let investment property comprises an entrance vestibule, living room, kitchen, hall, two double bedrooms, and bathroom. The property benefits from having double glazing, electric heating, residents parking, well kept communal areas and fully compliant for the rental market.
The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the tenant has been a resident since December 2020 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £9,084 with a potential of a future tenancy to generate a yield of 7.2%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £155K.
Musselburgh is located on the coast of the Firth of Forth approximately 5 miles east of Edinburgh city centre. The property is conveniently positioned for easy access to Musselburgh High Street which has excellent amenities and good bus and rail services. The development is factored for a cost of approximately £150pa.
Agent Details
Portolio, Edinburgh
020 3907 3640
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