1 bedroom flat for sale

A superb opportunity for investors to acquire this well-presented top-floor one-bedroom flat, located on Dundee Terrace in Edinburgh’s sought-after Polwarth area. The property is part of a modern, well-maintained block and is being sold with a tenant in situ, offering a ready-made income-generating investment. The accommodation comprises: entrance hallway with two storage cupboards, lounge with open outlook, fully fitted kitchen, double bedroom with built-in wardrobes, modern shower room with WC and wash hand basin. The flat benefits from electric heating, double glazing, a secure entryphone system, and being fully compliant for the rental market. The property is being sold with tenants in situ as a buy-to-let investment. The property is fully compliant, and the tenant has been resident since December 2021, providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £10,800, which represents an immediate yield of 6.5%. The property is sold as seen, and the sale price includes all the inventory items. The Home Report value is £165K. The communal areas are factored by Trinity Factors for approximately £85 per month. Situated in the popular Polwarth area, the flat is ideally located for access to Bruntsfield, Morningside, and Fountain Park, with its wide range of cafes, shops, and leisure facilities. Public transport links are excellent, with frequent buses into Edinburgh city centre just minutes away.