No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Attention investors

This property is no longer on the market

Front External
Front External
Living Room

4 bedroom apartment

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Apartment
4 bed
1 bath

Key information

Tenure: Freehold
Service charge: £0 per annum
Council tax: Band E
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Tenure: Freehold
  • Investment opportunity
  • Available with tenants in place
  • 8.5% Yield
  • HMO compliant
  • Bay windowed sitting room
  • South facing dining kitchen
  • Four double bedrooms
  • Study / box room
  • Bathroom
  • EPC Rating = C
Investment opportunity for sale with tenants in place. A successful HMO with a current yield of 8.5%

Description

Offered for sale with the tenants in place, this impressive HMO property has a current yield of 8.5% based on the Home Report valuation.

Accessed via a secure communal stair, the main door opens into a generous hallway with good storage. The beautiful bay windowed sitting room is flooded with natural light and has a wonderful open outlook.

The dining kitchen is fitted with a range of wall and floor cabinets, ample worktop space and integrated gas hob.

There are three generously sized bedrooms and a spacious box room provides versatile additional space and offers potential to be creatively used in a number of different ways, including for home working.

Completing the accommodation is a good-sized bathroom with a shower-over-bath.

Gas central heating ensures year-round comfort and warmth.

Externally, there is a communal garden to the rear and on-street parking is available with a permit for residents (Zone S3).

Location

Polwarth is a very well established residential area of Edinburgh situated around 1.7 miles from the west end of Princes Street.

The canal and Harrison Park are situated close-by offering extremely pleasant waterside walks and cycle paths.

Nearby Bruntsfield provides a wealth of local shops, bars, cafes and restaurants while Morningside beyond also offers a cinema, theatre and a choice of supermarkets.

Local sporting facilities include a number of golf courses and there are beautiful walks in the open spaces of Bruntsfield Links, The Meadows, Blackford Hill, The Braids and The Hermitage.

George Watson’s is within easy reach, and a number of other schools, including Craiglockart Primary, George Heriot’s, Merchiston, Boroughmuir High School and Steiner School are also nearby.

The city bypass is also close by, providing excellent access to the airport and the Central Scotland motorway network.

Square Footage: 1,264 sq ft



Additional Info

Previous rental amount £2600 to £2750pcm

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    Property reference EDT230327. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills - Edinburgh Town.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.