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Pitt Street, Flat 4, Edinburgh EH6 1 bed flat for sale
Pitt Street, Flat 4, Edinburgh EH6
£122,000
Pitt Street, Flat 4, Edinburgh EH6
£122,000
Price History
Initial price | £128,000 |
11/01/25 | £143,000 |
18/01/25 | £122,000 |
Price Change | -4.69% |
Description
This is a superb tenanted investment opportunity, a first-floor one-bedroom flat in the popular Bonnington area of Edinburgh. The property is in excellent walk-in condition and has a high yield potential, with a long-term tenant paying £600 per month, generating an annual income of £7,200 and a yield of 7% if achieved for the guide price. The property has a shared rear garden area, double glazing, and gas central heating. The accommodation consists of an entrance hall, open-plan lounge/kitchen, double bedroom, shower room, and separate WC. The area has excellent local sales evidence, with similar properties selling for £190,000 to £206,000 in recent years. The property is being sold through a timed online auction on January 23, 2025, and is expected to attract strong interest from investors and first-time buyers.