Investment Opportunity

28 3F1 East Preston Street, Edinburgh, EH8 9QB

Offers around £300,000

Key Facts

• Large top floor student rental property close to University of Edinburgh.
• Furnished for rental purposes (all furniture to be included in the sale price).
• HMO compliant
• 99% occupancy history
• Rental value of £2,000 per calendar month
• Currently let until 31st Aug 2012 
• Cash required to purchase £90,150
• Annual net return on cash invested 7.98%
• Annual return on purchase price/value 7.84%

Description

28 3F1 East Preston Street is a large, bright 5 double bedroom top floor property located in the popular residential area of Newington which is an excellent location for Edinburgh University. It was refurbished by Cullen Property and is a high qual;ity property for the top end student market with a rental of £2000.00 per calendar month.   The property itself requires minimal works and offers a fantastic opportunity to acquire an excellent residential investment for the long term.