Eskview Terrace, Musselburgh, EH21
- PROPERTY TYPE
Flat
- 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
- Two-bedroom upper cottage flat
- Situated in a popular residential area of Musselburgh
- Spacious living room/dining area
- Separate kitchen
- Excellent renovation potential
- Ideal investment opportunity
- Potential to add value through refurbishment
- Indicative gross rental yield of 8.8%
- Convenient for local amenities and transport links
- Strictly sold as seen
Description
The accommodation comprises a spacious living room/dining area, kitchen, two bedrooms and a bathroom. The property presents an excellent opportunity for a purchaser to modernise and enhance the existing accommodation, with the potential to add value through refurbishment.
Based on previous sales on the street, refurbished properties could achieve values in excess of £200,000, making this an attractive prospect for buyers looking to maximise their investment. The property could also appeal to someone looking to undertake renovation work and update the property to their own taste and specification.
For buy-to-let investors, an indicative gross rental yield of approximately 8.8% could be achievable, based on a purchase price of £150,000 and an estimated monthly rental income of £1,100. This is subject to refurbishment costs, the achievable market rent and the property's final condition.
Situated in an established residential area of Musselburgh, the property is conveniently located for local shops, supermarkets, schools and public transport links, with Musselburgh railway station providing connections to Edinburgh and the surrounding areas. Haugh Park and the River Esk are also nearby, offering pleasant riverside walks and green space. The area also benefits from access to local golf courses and the wider amenities of East Lothian.
An appealing opportunity for investors and buyers seeking a property with potential in a popular location. Early viewing is recommended.
Strictly sold as seen.
- 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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Energy performance certificate - ask agent
Eskview Terrace, Musselburgh, EH21
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*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.