Burnside Road, Gorebridge, EH23
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- 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
- 2 Bedrooms
- Home Report £160K
- Current rental £895pm
- Current Yield 7.3%
- EPC Rating D
- 78 sq m
- Furnished Let
Description
Tenanted two-bedroom mid-terraced house for sale, offering a ready-made buy-to-let investment opportunity in the popular Midlothian town of Gorebridge. The accommodation is available £10K below the Home Report value, extends to around 77m² and comprises an entrance vestibule, bright lounge, and spacious kitchen/dining room on the ground floor. Upstairs features a landing, two well-proportioned bedrooms, and a family bathroom. The property benefits from gas central heating, uPVC double glazing, and private gardens to the front and rear.
The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the current tenants have been a resident since July 2020 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £10,740. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £160K.
Gorebridge is a growing commuter town approximately 10 miles south of Edinburgh, offering a great balance of countryside living and city convenience. The town benefits from a train station providing regular services to Edinburgh Waverley, as well as good local amenities, schools, and easy access to the A7 for travel north and south. Demand for rental property in the area remains strong thanks to its affordability and excellent transport links.
Brochures
Brochure 1Home Report- 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.
- Yes
- 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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Burnside Road, Gorebridge, EH23
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About Portolio, Edinburgh
Portolio Ltd, Westpoint, 4 Redheughs Rigg, Edinburgh, EH12 9DQ
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Visit our security centre to find out moreDisclaimer - Property reference 29233939. 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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