Dock Street, Edinburgh EH6 1 bed flat for sale

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Dock Street, Edinburgh EH6 1 bed flat for sale

Dock Street, Edinburgh EH6
£179,000

Price History

Initial price £200,000
20/09/24 £190,000
30/09/24 £187,000
07/10/24 £184,000
10/10/24 £181,000
17/10/24 £178,000
26/10/24 £175,000
30/10/24 £172,000
07/11/24 £169,000
13/11/24 £185,000
20/11/24 £182,000
28/11/24 £179,000
04/12/24 £176,000
12/12/24 £173,000
19/12/24 £170,000
01/01/25 £167,000
08/01/25 £185,000
15/01/25 £182,000
30/01/25 £179,000
Price Change -10.50%

Description

This 1-bedroom flat in Dock Street, Edinburgh, is an excellent investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a spacious bedroom, parking spaces, a south-facing terraced sitting area, modern kitchen, and bathroom. Currently, it generates an annual gross income of £10,200, which could be increased to £15,600 with a new owner. The property has a tenant in situ who has been living there for several years and has consistently paid their rent, with no intention to move out. The property's investment potential is further highlighted by the fact that the current income is below market rate, providing an opportunity for the new owner to increase returns. With a Let Property Pack available for further detail, this is a worthwhile addition to any investor's portfolio.