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COMMERCIALSOLD STC

Project Budapest, Edinburgh, Midlothian

From
£2,100,000
Rettie, Edinburgh
PROPERTY TYPE

Residential Development

SIZE

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FloorplanFloorplan
5

Description

PORTFOLIO INVESTMENT OPPORTUNITY:
PROJECT BUDAPEST

A rare opportunity to acquire a dual stabilised income producing portfolio.


The portfolio is split over two locations and consists of 6 waterfront apartments spread within two blocks at Western Harbour, Edinburgh, and 7 houses, located in the Dumfries and Galloway town of Newton Stewart.

The portfolio has a passing gross rental income of £90,384 p.a. The portfolio has significant potential reversionary rental income, estimated to be circa. £137,000 - £143,000 p.a. This represents a potential gross rental yield of circa. 6.5% – 6.8%.

The vendor’s preference is for a single sale but would consider offering each portfolio in isolation.







Project Budapest, Edinburgh, Midlothian

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Edinburgh Waverley Station2.4 miles
  • Haymarket Station3.1 miles
  • Brunstane Station4.6 miles
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About Rettie, Edinburgh

11 Wemyss Place Edinburgh EH3 6DH
Industry affiliations:

Edinburgh's leading independent estate agency

Located in the heart of Edinburgh's New Town, the Rettie Head Office is set within a historic Georgian Townhouse. Our vibrant flagship office is home to more than 40 staff, including our Edinburgh sales, country house, farms & estates, development services and new homes sales teams.

Dynamic Team of Local Experts

Each of our teams based in Edinburgh offers unrivalled collective local knowledge and connections, along with the personal service for which Rettie & Co. is well-known.

We are passionate about property and strive to deliver an exceptional level of customer service. Our experienced teams of professionals are dedicated to helping our clients find their ideal property, ensuring a bespoke and personalised experience.

In House Research

Our passion to deliver excellent customer service is complimented by our ability to access and share the most up to date market insight data from our in house research team, the largest in Scotland.

Notes

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Disclaimer - Property reference EDI230100. 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 Rettie, 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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