389/1 Easter Road, Leith, Edinburgh, EH6 8HU
FIXED PRICE £180,000
This bright and spacious 3 bedroom property offers an excellent opportunity for a buy to let investor or a private buyer, being economical to heat and presented in a ready to move in condition, with all fixtures and fittings included in the sale price, including all furnishings and appliances. Benefiting from a secure entry system within a traditional tenement style building, the property would also make an excellent HMO investment. An investor should expect minimal void periods as the property currently has an excellent occupancy record. There is also shared garden to the rear of the property and the property is located in the heart of Leith, where there is ample local amenities and easy access to the City Centre, vibrant Shore area and City Bypass/A1.
Lounge, Kitchen, 3 double bedrooms, bathroom with bath and shower, separate WC, hallway and ample storage throughout. GCH. Shared rear garden and secure entry system. The property is located on the first floor of the tenement. All furniture and appliances are included in the sale price, making this property ready to place on the let market immediately upon purchase.
Council tax band: D
The accommodation is accessed via a solid secure entry door leading to a communal stair within this traditional tenement building. The property is located on the first floor and is neutrally decorated throughout with good quality carpets. The large hallway provides access to all living accommodation, together with a large storage cupboard, currently housing the fridge/freezer. The sunny lounge, facing the front of the tenement, offers ample socialising and dining space. The modern kitchen is fully fitted with vinyl flooring, with all appliances included in the sale price, washing machine, microwave and integrated oven, hob and dishwasher. There are 3 double bedrooms, all offering peaceful accommodation to the rear of the property. The master bedroom is extremely spacious and houses a large walk in cupboard, which is complete with pendant light. All bedroom furniture is included in the sale price, along with the wardrobes and window dressings. The third bedroom houses the gas boiler in a neatly adapted storage cupboard. The bathroom is well fitted with an electric shower over the bath. There is a separate WC, again off the hallway. This property is currently achieving a rental of £975 pcm, but with an HMO License would easily achieve a much higher rental income and currently has an excellent occupancy record, with very minimal void periods. The property has been fitted out to an HMO standard, with mains wired interlinked smoke detectors and fire safety doors in each room. The property is in a ready to move in condition and can be provided with vacant possession to a private buyer, alternatively the existing tenants can be easily transferred toa a new buy to let investor. The Home Report provides a value of £190,000.
The property is located at the foot of Easter Road, within a 2 minute walk to the lovely Leith Links and many characteristic restaurants, pubs and wide selection of shopping facilities, not forgetting being in the catchment area for the excellent schools. Superb public transport links on Easter Road will provide easy access to the City Centre, the vibrant Shore area and also to outlying areas, being only a 10 minute drive from the A1 and City Bypass.
Please note these photos are historic and there may be a slight difference to presentation upon viewing.
Viewings are by appointment only. Please telephone the Agent: 0131 555 2777.
The Home Report can be made available upon request.
All Offers should be submitted within the format of the Scottish Standard Clauses (Edition 1) to the Agent in the first instance.