Three bedroom upper flat

This three bedroom main door flat in Edinburgh’s Gilmerton area offers an excellent opportunity to add value, with a significant 30% discount from home report based on guide price, and would make a great buy to let investment. The flat provides great family accommodation and would suit owner/occupiers as well as investors/landlords/developers. A main door entrance leads to a hall with stairs to the upper floor. The lounge is a well proportioned room with access into the kitchen. The bathroom is fitted with a three piece suite with shower over bath. There are three spacious bedrooms, storage, and a loft. There is a large garden to the rear which has been fenced off as currently overgrown and in need of clearing out. LHA for three bedroom properties in the area is £16,454.88 per annum, equating to 17% yield based on the guide price. Council Tax Band: B.

Tenure

Freehold

Area

Gilmerton is an established community offering a variety of recreational activities, as well as specialist shops and supermarket within the vicinity. Cameron Toll Shopping Centre and Straiton Retail Park are within easy reach. Local schooling is close by, with Gilmerton Primary and Gracemount High School quickly accessible. Regular bus services operate to and from the city centre via Gilmerton Road, and the city bypass is easily accessed for connections to the motorway network, and to the major retail parks such as Straiton, Fort Kinnaird and The Gyle.

Energy Efficiency Rating (EPC)

Current Rating E

Local Authority

Edinburgh City Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.