Colonsay View, Edinburgh EH5 2 bed flat for sale

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Colonsay View, Edinburgh EH5 2 bed flat for sale

Colonsay View, Edinburgh EH5
£164,000

Price History

Initial price £167,000
25/06/24 £155,000
10/07/24 £170,000
17/07/24 £167,000
03/08/24 £161,000
09/08/24 £158,000
17/08/24 £155,000
24/08/24 £170,000
08/09/24 £167,000
29/09/24 £161,000
06/10/24 £158,000
08/10/24 £155,000
15/10/24 £170,000
22/10/24 £167,000
29/10/24 £164,000
05/11/24 £161,000
12/11/24 £158,000
19/11/24 £155,000
26/11/24 £167,000
03/12/24 £164,000
10/12/24 £161,000
18/12/24 £158,000
31/12/24 £155,000
07/01/25 £170,000
14/01/25 £167,000
28/01/25 £164,000
Price Change -1.80%

Description

This 2-bedroom flat in Edinburgh is a valuable investment opportunity, boasting a range of amenities within walking distance and the potential to generate significant rental returns. The property is in good condition, featuring two bedrooms, a three-piece bathroom, and an open-plan lounge to kitchen. Currently producing an annual gross income of £10,200, the property has the potential to increase to £12,000 with long-term tenants already in place. With a reliable tenant base and consistent rent payments, this property is an attractive addition to any investor's portfolio. The current tenants, who have lived in the property for several years, have no intention of moving out, ensuring a smooth transition for the new owner.