2 bedroom apartment for saleSimpson Loan, Edinburgh, Midlothian
A well-presented, two bedroom, first floor apartment, forming part of the exclusive Quartermile development lying immediately to the south of Edinburghs city centre. Situated in one of the modern blocks, the property has a spacious modern feel and is close to the city centre and local amenities.
Entrance hallway, open plan living / dining room / kitchen, two double bedrooms, bathroom.
Communal stair with lift, communal garden grounds.
Vieiwng by appointment only.
BUY TO LET INVESTMENT OPPORTUNITY
The property presents a great opportunity for the buy to let investor for short assured rentals or holiday rentals:
Short assured rentals. (min 6 months)
Desktop rental value of *£1650 to £1850 per calendar month providing a gross yield of *6.52%.
*Desktop rental values provided by Rettie and Co. lettings department June 2017. Gross yield figures calculated on the higher rental figure against the Home Report value. Rental figures shall vary based on the time of year and specification if internal furnishings.
Festival (August) £4500 - £5000
September to July £2200 to £2500 per month
**Gross Yield of 6.32%
**Gross yield calculated on August at 100% occupancy and 60% occupancy across the rest of the year.
*Desktop rental values provided by Rettie and Co. lettings department June 2017. Gross yield figures calculated on the higher rental figure against the Home Report value. Rental figures shall vary based on the time of year and specification of internal furnishings
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