Property picks: buy-to-lets

Nicky Lloyd, head of ESPC Lettings, selects her favourite properties for sale that would be great as buy-to-lets.

caledoniancrescent

21 2FL Montague Street, EH8 9QT

Offers over £290,000

3 bed second floor flat with 2 public rooms

Ref: 368362

This is a fantastically well-presented property and could be purchased in this rental-ready condition, meaning that once completion has taken place the property could immediately be advertised on the rental market. The great layout and space would make it appealing to young professionals or families, and could be offered furnished or unfurnished. The average gross rental yields on similar properties is 5.7%.

hopetoun2

4/2 Hopetoun Street, Bellevue, Edinburgh, EH7 4ND

Offers over £245,000

2 bed ground floor flat with 1 public room

Ref: 368527

Modern properties like this are attractive to landlords and tenants. The property is in move in condition and offers every convenience of modern living with the added bonus of secure underground parking, making it a popular option for young professionals. The factor of the building will deal with communal issues and repairs, making it easier for the landlord. The average gross rental yields on similar properties is 5.7%.

 

ladylawson

6/5 Lady Lawson Street, Grassmarket, Edinburgh, EH3 9DS

Offers over £175,000

2 bed third floor flat with 1 public room

Ref: 368218

This is an extremely central property that would appeal to young professionals or students. This would offer a great rental opportunity for both short and long term lets, almost guaranteeing yearlong occupation. Again, great move in condition meaning reduced potential void periods. The average gross rental yields on similar properties is 5.4%.

 

p>montague street

4/14 Caledonian Crescent, Edinburgh, EH11 2DE

Offers over £105,000

1 bed top floor flat with 1 public room

Ref: 368491 (Under offer)

One bedroom properties have always been, and will continue to be, the bread and butter of the rental industry. This particular property is in great condition and is located in the popular area of Dalry /Haymarket which offers great local amenities and is conveniently located for access to buses, trains and trams stops. This area is popular with young professionals and we would recommend offering this type of property furnished. The average gross rental yields on similar properties is 5.6%.