£235,000 Offers over
Part Exchange Available , HMO Licenced Flat , Lounge , Kitchen , Three Bedrooms , Bathroom , Gas Central Heating , Double Glazing , Energy Rating MQ Estate Agents are open 7 days a week: Monday Friday 8am 8:30pm &Saturday &Sunday 9am - 6pm to arrange your viewing appointment.
Lounge - 4.31 x 3.41 (14'2 x 11'2 )
Kitchen - 4.64 x 2.58 (15'3 x 8'6 )
Bedroom1 - 3.86 x 2.04 (12'8 x 6'8 )
Bedroom2 - 4.75 x 3.02 at widest point (15'7 x 9'11 at widest point)
Bedroom3 - 4.55 x 2.10 (14'11 x 6'11 )
Bathroom - 2.18 x 1.66 (7'2 x 5'5 )
MQ Estate Agents present the rare opportunity to acquire a fully occupied HMO licenced 3 Bedroom Flat. Located in the sought after Haymarket. The property represents a fantastic investment opportunity with excellent rental yield as well as capital growth.
The flat is currently let on a 12 months tenancy agreement from June 2017 to June 2018 for £1,275 Per Calender Month totalling £15,300 per year.
Previously the flat has been let on a 10 month tenancy agreement for £1275 per month. During the 2 summer months the flat was let though Airbnb getting a total of £6000, giving a total yearly income of 18000.
The accommodation is presented in excellent condition and offers good size accommodation comprising a lounge, kitchen, three double bedrooms and bathroom.
Further enhancements include gas central heating, double glazing and secure entry.
Morrison Street in the heart Edinburgh's prestigious West End. The property is within a few minutes' walk of the retail and commercial city centre in Princes Street, George Street and Lothian Road, and also within easy access of Haymarket Train Station and the cities tram link. The fashionable and ever popular West End is host to a wide variety of amenities including bars, shops, boutiques and restaurants. There is a Waitrose in Comely Bank, a Tesco Metro at Haymarket, a Sainsburys and a Co-operative at Shandwick Place. Local amenities include the Drumsheugh Private Swimming Baths, the Edinburgh Sports Club, Dean Tennis Club and the Modern and Dean Art Galleries. There is easy access to the impressive Water of Leith walkway leading to the Edinburgh cycle path network, whilst the open spaces of the Royal Botanic Gardens and Inverleith Park are also within walking distance. Edinburgh International Airport is easily accessible as is the city by-pass, the M8, M9 and M90 motorways.
N.B This property is owned by a sister company of MQ Estate Agency Ltd.
This house description is based upon information supplied by the owner, or on behalf of the owner. These property particulars are produced in good faith and do not constitute or form part of any contract. s1homes do not take any responsibility for the accuracy of the information contained in this document.
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