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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.  

   
Email steve@cullenproperty.com for more information about this property