2 bedroom flat for sale
Key information
Property description & features
- Tenure: Freehold
- Modern development
- Third floor with lift access
- Open plan living area
- Private balcony
- Principal double bedroom with ensuite
- Further single bedroom
- Three piece family bathroom
- Residents parking
Please note, no EWS1 is applicable for this property so only cash offers will be considered.
Selling with tenants in situ, this two bedroom, third floor, furnished apartment offers a current rental yield of 9.10% (based on the current rental income of £1100pcm and the fixed sale price of £145,000) making it a prime purchase for any lucrative investor.
The property is accessed via a secure communal stairwell within a modern factored development and is comprised of: a sizable open plan lounge/ kitchen with direct access to a private balcony. The kitchen is fitted with a range of wall and base mounted units and integrated appliances. There is one double bedroom, with a three piece ensuite shower and private balcony; and one single bedroom, both with space for freestanding furniture. A family bathroom with shower over the bath, WC and sink completes the accommodation.
The property further benefits from gas central heating, double glazing and an allocated residents parking space.
The property is in West Granton area which lies approximately two miles north of the city centre. There is supermarket shopping available less a mile away at both Lidl and Morrisons. Approximately two miles further afield Craigleith Retail Park offers an array of shops. In addition, Ocean Terminal and the Shore, which is situated further afield in Newhaven provides a wider variety of shopping outlets, restaurants, and a multi-screen cinema. Local recreational facilities include a gym and spa at Urban Village Crewe Toll, scenic walks along Granton Harbour wall and seashore which extends to Cramond and Silverknowes. Edinburgh College, Granton Campus is located a short distance from the property. Regular bus services run to the city centre and surrounding areas including to Edinburgh Royal Infirmary and Western General Hospital, whilst there are good road links to the city centre and Telford Road provides access to the airport and motorway network.
All window furnishings (curtains, curtain poles, blinds etc), floor coverings, light fixtures, appliances (both integrated and free standing) and furniture are included in the sale. No warranties or guarantees will be provided. Please note, this is a tenanted property and only for sale via investment. No inventory 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. By submitting an offer for acceptance, you agree to this condition and are happy for DJ Alexander to contact you for these purposes.
EPC: B
Council Tax: C - £1772.52 inclusive of water and sewage* (*based on 2024/2025 tax year)- The City of Edinburgh Council
Current rental yield: 9.1%
Achievable rental yield: 9.75%
Tenure: Freehold
Electricity Supply: Mains connection
Water Supply: Scottish Water
Sewerage: Scottish Water
Heating: Mains gas - boiler and radiators
Broadband: 1000 MBPS (Potential download speed)
Mobile Signal/Coverage: Full 4G and 5G outdoor coverage
Parking: Residents parking can be found within the development
Factor:
All statements contained herein are believed to be correct but are not guaranteed and interested parties must satisfy themselves as to their accuracy.
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*DISCLAIMER
Property reference DJS240232. 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 February 23, 2022
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
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