Polton Street, Bonnyrigg, EH19
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Buy-To-Let Investment
- Tenanted & Fully Compliant
- 1 Bedroom
- Current Rental £650pm
- Market rental £750pm
- 48 sq m
- EPC Rating: D
- Home Report £110K
- Price Includes all the Inventory Items & Safety certs
- Current Yield 7.6%
Description
Tenanted one-bedroom upper flat in popular Bonnyrigg, which has spacious rooms with light neutral décor throughout.
The property has generous built-in storage and access to private parking. It is comprised of a living/dining room with a neighbouring kitchen, one large double bedroom, and a three-piece bathroom. It also enjoys a convenient location, set within easy reach of local amenities and regular transport links, providing an easy commute into Edinburgh. Reached via a secure entry system and shared stairwell, the flat’s front door opens into a hall with two built-in cupboards and a storage alcove. The hall flows naturally into the living/dining room, which has a spacious footprint for comfortable furnishings. This reception area is brightly illuminated by a picture window and it is framed by a fireplace. The kitchen is adjacent, fitted in a galley style. It has base and wall-mounted cabinets and complementary worktops that are backed by matching splashback panels. Meanwhile, the double bedroom has spacious proportions for bedside furniture. Plus, it has two built-in wardrobes for added convenience. The accommodation is completed by a three-piece bathroom with an overhead shower. The property has gas central heating and double-glazed windows throughout. Externally, there is a communal garden and drying area. Furthermore, there is private residents' parking available to the rear.
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 resident since August 2013 providing rental income on day 1 of purchase, the current tenancy generates an annual rental income of £7,800. Please note, for a future tenancy the property has the potential to secure £9,000pa and generate a yield of 9%. The property is sold as seen and the sale price includes all the inventory items.
Increasingly popular with professionals and families seeking a quiet retreat from the capital, the historic town of Bonnyrigg enjoys a picturesque countryside setting just seven miles from Edinburgh city centre. Well-served by excellent local amenities, the town’s bustling high street is home to numerous well-known and independent retailers, as well as a range of supermarkets, a bank, pubs, and eateries. Further beneficial facilities include a medical centre and local hospital, whilst, in terms of education, the town is serviced by five primary schools and a high school. Set between the forks of the River Esk and surrounded by idyllic Midlothian countryside, Bonnyrigg is the perfect base from which to enjoy a range of outdoor pursuits, including pleasant walks and cycle rides, with the town also hosting its own rugby and bowling clubs, as well as the prestigious Broomieknowe Golf Course. Falling into the capital’s commuter belt, Bonnyrigg enjoys superb transport links, lying near to the Edinburgh City Bypass and benefiting from regular bus links, and a nearby rail service, into the capital. The property offers an easy commute to the Edinburgh Royal Infirmary.
Brochures
Brochure 1Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Polton Street, Bonnyrigg, EH19
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Eskbank Station1.1 miles
- Newtongrange Station1.6 miles
- Gorebridge Station3.3 miles
About the agent
Portolio is Scotland’s only specialist estate agent for landlords, selling tenanted properties from landlord to landlord while ensuring tenants remain secure in their homes. Founded by two Scottish letting agents in 2017, Portolio is the product of the decades of knowledge amassed by co-founders Chris Wood and Ross MacDonald. Its business model fuses the skills required to be an estate agent with a deep knowledge of Scottish lettings, and what is required in the world of buy-to-let, from pro
Industry affiliations
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