Haymarket/Dalry Edinburgh

Haymarket/Dalry, Edinburgh - FIXED PRICE - OFF MARKET

** OFF MARKET – FIXED PRICE**   £250,000

  • £245,000 Valuation
  • Fully managed investment
  • £105,000 Cash required to invest if mortgaged (incl taxes, deposit, legals and refurb*)
  • £12,500 Annual Net Rental Return if mortgaged
  • 12% Annual Net Rental Return if mortgaged
 OR
  • £275,000 Cash required to invest if cash purchase (incl taxes, deposit, legals)
  • £20,500 Annual Net Rental Return if cash purchase
  • 6.1% Annual Net Rental Return if cash purchase

*Does not include sourcing and project management fee

Description

A fantastic opportunity to secure a bright, traditional flat situated in the Dalry area of the city, within walking distance of Haymarket Station and the West End.  The property comprises of four double bedrooms, a spacious living room, separate fully-fitted kitchen and bathroom with shower over bath. There is double glazing, gas central heating and a residents parking zone nearby. This property is suitable for students.
Internal floor space 85m2    (£2,940 per m2 at target price)

Refurbishment Details

The property needs refurbishment, including; upgrades of kitchen fittings, bath re-enamel, repaint property throughout, replace radiators, flooring and furnishings.

Post refurbishment rental would be £1,740 per month.

Detailed Investor Financial Information

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