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1 bedroom flat for sale
Gibson Terrace, Edinburgh, EH11
£140,000
Gibson Terrace, Edinburgh, EH11
£140,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
Description
This spacious and well-maintained one-bedroom flat in Edinburgh offers a reliable long-term investment opportunity. The property is situated in a desirable area with various amenities within walking distance and currently generates an annual gross income of £5,580. With the potential to increase the rental income to £12,000 with long-term tenants already in place, this property presents a worthwhile addition to an investor's portfolio. The flat is in good condition and features one bedroom, lounge, kitchen, and bathroom, making it an attractive option for investors seeking a stable and profitable investment. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intentions to move out, ensuring a smooth transition for the new owner.