Property description

This particularly spacious, pleasantly modernised double upper apartment is OFFERED FOR SALE AS AN INVESTMENT OPPORTUNITY with existing tenants on a short term lease expiring 25/8/15, with a new lease signed for 1/9/15 - 1/9/16 with an increase rental income of £2310 PCM. The property is HMO Licensed, with a present rental income of £1,750/CM. The annual yield is 8.9% and a copy of the Short Assured Tenancy Agreement can be made available to any interested party.The property occupies part of the third and upper level of this handsome four storey and attic stone-built Victorian tenement, originally constructed around the mid 1890s. Approached from a bright well kept communal staircase, the two floors are connected by a wide staircase with a timber balustrade. The interior provides a generously proportioned bay windowed living room, five double bedrooms - one with a separate dressing room/store, a fitted/equipped kitchen, and a bright bathroom with a modern three piece suite incorporating an electric shower fitting over the bath. A particular feature is the stunning panoramic views enjoyed from many windows, especially the upper floor, encompassing aspects towards Aurthur's Seat, Calton Hill, the distant Fife coastline, and Corstorphine Hill. Benefits include gas fired central heating, good storage space, and a security entry phone system.