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1 bedroom apartment for sale

Simpson Loan, Edinburgh, Midlothian

Under Offer £300,000

Property Description

Full description

A lovely and bright, one bedroom, ground floor apartment, forming part of the exclusive Quartermile development lying immediately to the south of Edinburgh’s city centre. Situated in one of the conversion buildings, the property benefits from high ceilings giving a spacious feel, has an allocated garaged parking space and is close to the city centre and local amenities.

Accommodation

Entrance hallway, living / dining room, kitchen area, double bedroom, bathroom, utility room, mezzanine storage area.

Outside Space

Communal corridor with lift, communal garden grounds, allocated garaged parking space.

EPC: D

Viewing by appointment only

BUY TO LET INVESTMENT OPPORTUNITY
The property presents a great opportunity for the ‘buy to let’ investor for longer rentals or shorter term holiday rentals:

Longer rentals.
Desktop rental value of *£1250 to £1300 per calendar month providing a gross yield of *4.95%.

*Desktop rental values provided by Rettie and Co. lettings department – August 2018. 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.

Holiday rentals:
Festival (August) £2650

September to July £1700 to £2000 per month
**Gross Yield of 5.03%

**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 – August 2018. 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






More information from this agent

Listing History

Added on Rightmove:
03 November 2017

Nearest stations

  • Edinburgh Waverley (0.6 mi)
  • Edinburgh (0.6 mi)
  • Haymarket (1.0 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Rettie & Co , Edinburgh Sales

11 Wemyss Place Edinburgh EH3 6DH

0131 291 0057 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Rettie & Co , Edinburgh Sales

11 Wemyss Place Edinburgh EH3 6DH

0131 291 0057 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Edinburgh Waverley (0.6 mi)
  • Edinburgh (0.6 mi)
  • Haymarket (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Rettie & Co , Edinburgh Sales

11 Wemyss Place Edinburgh EH3 6DH

0131 291 0057 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference PER160659. 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 & Co , Edinburgh Sales. 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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