Albion Gardens, Edinburgh, EH7
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
2
- 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 £250K
- Current rental £1150pm
- Current yield 6.1%
- £25k discount on HR value
- Furnished let
- EPC Rating B
- No buyer fees
Description
Located within a modern, well-maintained development, this second-floor furnished apartment presents an excellent opportunity to acquire a tenanted buy-to-let investment in a highly desirable area of Edinburgh. Built circa 2003, the property extends to approximately 77 sq m and offers well-proportioned accommodation comprising an entrance hall, bright living/dining room with access to a private balcony, modern kitchen, principal bedroom with en-suite bathroom, second double bedroom, and a separate shower room. The flat benefits from uPVC double-glazed windows, a gas-fired central heating system, and a new Glow-worm Ultimate3 30c boiler installed on 30/01/2022 with a 10-year warranty, providing peace of mind for investors. The property holds an impressive EPC rating of Band B, supporting strong energy efficiency credentials. Further advantages include lift access, unallocated private parking, and landscaped communal grounds, enhancing its appeal to professional tenants.
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 resident since May 2022, providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £13,800. The property is sold as seen, and the sale price includes all the inventory items. The property has a Home Report valuation of £250,000. James Gibb factor the development and charge £250- £350 per quarter. EWS1 available.
Albion Gardens is situated within the popular Easter Road / Leith Walk district of Edinburgh, an area that consistently attracts strong tenant demand due to its proximity to the city centre, excellent public transport links, and vibrant local amenities. The location provides easy access to central Edinburgh, the tram network, and key employment hubs. Modern, energy-efficient apartments with parking and lift access are particularly attractive to professional tenants, supporting low void periods and long-term rental stability. Edinburgh’s resilient property market, combined with ongoing regeneration across the wider Leith and city-centre fringe areas, continues to underpin strong capital growth and reliable rental performance, making this a compelling buy-to-let opportunity.
- 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.
- Yes
- 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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Albion Gardens, Edinburgh, EH7
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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 29919513. 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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