Superb Tenanted 3-Bedroom HMO buy-to-let Investment in the Newington area of Edinburgh. An outstanding investment opportunity in one of Edinburgh’s most sought-after rental locations – this tenanted 3-bedroom HMO property is situated in the ever-popular Newington area, just minutes from the University of Edinburgh and vibrant city amenities. Occupying a charming double upper flat with its own main door entrance, this spacious and characterful home spans approximately 123 sq m and dates back to circa 1825, blending period charm with modern functionality.The property is being sold with the tenants in situ and is fully compliant with all HMO regulations. The property offers a turnkey investment with immediate rental income of £31,200 pa. The accommodation is presented in excellent condition and comprises a bright open-plan lounge and kitchen, three generous double bedrooms, a main shower room, and an ensuite bathroom. The property benefits from gas central heating and double glazing throughout and holds a valid HMO licence, making it perfectly positioned for the student and professional rental market. Its location in Newington ensures high demand and consistent occupancy, thanks to excellent access to the university, city centre, parks, cafes, and public transport.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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