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Gorgie Road, Edinburgh, EH11

Key features

  • Buy-To-Let Investment
  • Tenanted & Fully Compliant
  • 1 Bedroom
  • Home Report £165,000
  • Current Rental £850pm
  • Current Yield 6.4%
  • EPC Rating: D
  • 43 sq m
  • No Buyer Fees
  • Unfurnished Let

Description

Tenanted 1 bedroom buy-to-let property investment in the Gorgie area of Edinburgh. This top floor property is located within a block of 3 properties. The accommodation comprises a spacious open-plan living room/kitchen, double bedroom, shower room, and large boxroom. The property benefits from having double glazing, gas central heating, residents off-street parking, and being 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 resident since May 2023 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £10,200 that represents an immediate yield of 6.4% with the scope to increase the yield for a future tenancy. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £165K.

Gorgie is a vibrant neighbourhood lying south-west of Edinburgh city centre. The property is located within easy reach of the West End, Financial District, Haymarket and Saughton Public Park. Bustling Gorgie and Dalry have an array of dining and retail choices and nearby Fountain Park boasts a multiplex cinema, casual eateries, and a state-of-the-art gym. Edinburgh Napier University at Merchiston, Edinburgh College Sighthill Campus, and Heriot-Watt University are easily accessible. Regular bus and tram services connect Gorgie quickly to the city centre and beyond, and there is easy access to the A8 linking to the City Bypass.



Brochures

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COUNCIL 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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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Gorgie Road, Edinburgh, EH11

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About Portolio, Edinburgh

Portolio Ltd, Westpoint, 4 Redheughs Rigg, Edinburgh, EH12 9DQ
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Portolio is a 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 lettings, and what is required in the world of buy-to-let, from property styles and locations, to rental yields, capital appreciation potential, and all required safety legislation. Portolio is fully NAEA qualified and sells tenanted properties and portfolios across Scotland and England.

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Disclaimer - Property reference 27479605. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Portolio, Edinburgh. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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