This property is no longer on the market
2 bedroom flat
Key information
Property description & features
- Tenure: Freehold
- Top Floor
- Potential Rental Yield 7.2%
- Sitting Room
- Fitted Kitchen
- Two Bedrooms
- Double Glazed Windows
- Electric Storage Heating
- Shared Residents Parking
The property is being sold as an investment with tenant in situ. Currently achieving £650 PCM (could achieve a potential rent of £950 equating to a gross yield of 7.2%)
This is a two-bedroom, top floor apartment, located in popular East Lothian coastal town of Musselburgh within close proximity to local amenities and transport links.
Accessed via a common stair the accommodation comprises hallway with two generously sized storage cupboards; spacious and bright living/dining room with semi open planned kitchen off, fitted with a range of base and wall mounted units and white tiled splashback, first double bedroom with built in storage and the second which offers the flexibility to create a work from home space or guest bedroom; a family bathroom with three-piece suite completes the accommodation.
The property further benefits from electric storage heaters, residents shared parking and outside communal grounds to the rear.
Musselburgh, on the Golf Coast of East Lothian, is situated on the southern shore of the Firth of Forth, six miles east of Edinburgh’s city centre and consequently within easy commuting distance. Thriving, with a wide range of shops, several supermarkets and a choice of banks and many other amenities, it is well known for its Racecourse and The Old Golf Course, recognized as one of the oldest golf courses in the world. The quality and beauty of the East Lothian countryside is renowned and is ideal for walking and exploring, especially with the scenic River Esk on the doorstep, 0.2 miles away from the property. Leisure is well catered for, and the facilities are varied and include the historic racecourse, a choice of golf courses (including The Old Course), theatre, sailing, swimming pool/sports centre and a modern private gymnasium. There are both frequent bus and train services to Edinburgh and the A1 provides access to the City Bypass, major motorway connections and Edinburgh International Airport.
The property is being sold as an investment with tenants in situ. All window furnishings, floor coverings, light fixtures, appliances (both integrated and free standing) and other items per lettings inventory are included in the sale. No warranties, guarantees will be provided.
Under the HMRC Anti Money Laundering legislation, all offers to purchase a property on a cash basis or subject to mortgage require evidence of source of funds and required to produce proof of identity and proof of address. This is acceptable either as original or certified documents.
EPC: D
Council Tax: D - £1937.91 inclusive of water and sewage* (*based on 2023/2024 tax year) – East Lothian Council
Tenure: Freehold
Electricity Supply: Mains connection – electrical meter and consumer unit located in a hall cupboard
Water Supply: Scottish Water
Sewerage: Scottish Water
Heating: Electric – storage radiators and panel heaters
Broadband: 80 MBPS (Potential download speed)
Mobile Signal/Coverage: Full 4G and potential 5G outdoor coverage
Parking: Residents shared parking to the rear of the property
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Property reference DJS230781. 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 DJ Alexander - Edinburgh Sales.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on October 27, 2023
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: obtained from Ofcom on October 27, 2023
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: obtained on February 23, 2015 from 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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