Offers Over £155,000

3 bed first floor flat for sale in Craigleith

83/3 Telford Court, Telford Road, Edinburgh, EH4 2SB
3
1
1
ESPC Chartered Firm
Total Floor Area 85m²
Council Tax Band A
Energy Rating C
Tenure Freehold
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Key features
  • Investor only sale. Tenants in situ.
  • Three bedroom apartment.
  • The location is convenient for the Western General Hospital
  • Good rental yield.
  • On street parking available.

Property highlight: Investor opportunity. Three bedroom, first floor flat with long term tenants in situ.

An ideal buy-to-let investment opportunity available now which would appeal to established landlords looking to expand their portfolio. The property comes with an ongoing tenancy in place. This first floor flat in the Crewe area of the city offers three bedrooms, a living room, a kitchen, and a bathroom, plus shared garden and access to unrestricted on-street parking. The flat benefits from close proximity to excellent local amenities including shops, schools, transport links, and open spaces. The front door opens into an entrance vestibule flowing through to a hallway. Leading off the hall is a living room, where a spacious footprint allows for various configurations of lounge furniture. The kitchen is conveniently connected to the living room and is fitted with wall and base cabinets, worktops, splashback tiling, and appliances. The property has three bedrooms which are all spacious doubles offering plenty of room for freestanding furniture. A bathroom completes the accommodation on offer and comprises a bath and a WC-suite. The property is kept warm by a gas central heating system and benefits from timber frame double-glazed windows throughout. Externally, the property has a shared garden to the rear, and benefits from access to unrestricted on-street parking.The property is being sold with the tenants in situ as a buy-to-let investment. The tenant has been a resident since June 2021 providing rental income on day 1 of purchase, the current tenancy generates an annual rental income of £10,860. A yield of 6.7%. Viewing by appointment.

  • Lounge

    3.59 m X 4.91 m / 11'9" X 16'1"

  • Kitchen

    2.73 m X 3.33 m / 8'11" X 10'11"

  • Bedroom 1

    3.68 m X 3.92 m / 12'1" X 12'10"

  • Bedroom 2

    3.68 m X 4.3 m / 12'1" X 14'1"

  • Bedroom 3

    3.31 m X 3.68 m / 10'10" X 12'1"

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Craigleith, Edinburgh North at a glance*

  • Average selling price

    £368,982

  • Median time to sell

    21 days

  • Average % of Home Report achieved

    104.5%

  • Most popular property type

    2 bedroom house

To find out more about the local market, contact McDougall McQueen today.
* Figures are based on properties marketed and sold through ESPC. Home Report valuations relate to properties where the Home Report was available on espc.com. Figures relate to the 12 month period ending on 29/02/2024

What will my monthly repayments be?

Repayment: £0
Interest only: £0

How much can I borrow?

You May Borrow: £0
* School catchment data is provided for information purposes only and ESPC UK Ltd does not accept any responsibility for the accuracy or completeness of the data. You should always contact the local authority responsible for the provision of education in a property's location, and more information on particular school catchment areas can be found via the links here.