Abbey Lane, Edinburgh EH8 3 bed flat for sale

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Abbey Lane, Edinburgh EH8 3 bed flat for sale

Abbey Lane, Edinburgh EH8
£360,000

Price History

Initial price £370,000
28/06/24 £355,000
07/07/24 £380,000
01/08/24 £365,000
08/08/24 £360,000
15/08/24 £355,000
24/08/24 £350,000
01/09/24 £345,000
08/09/24 £380,000
22/09/24 £370,000
30/09/24 £365,000
07/10/24 £360,000
08/10/24 £355,000
16/10/24 £350,000
23/10/24 £345,000
29/10/24 £380,000
05/11/24 £375,000
12/11/24 £370,000
19/11/24 £365,000
26/11/24 £360,000
03/12/24 £355,000
10/12/24 £350,000
18/12/24 £345,000
31/12/24 £380,000
07/01/25 £375,000
14/01/25 £370,000
29/01/25 £365,000
26/02/25 £360,000
Price Change -2.70%

Description

This 3-bedroom flat in Edinburgh is an attractive investment opportunity, offering a current annual gross income of £16,800 and the potential to increase it to £26,448 with long-term tenants already in place. The property is well-maintained and features three bedrooms, a lounge, kitchen, and ensuite, making it an excellent addition to an investor's portfolio. The current tenants, who have been living in the property for several years, have consistently paid their rent and have no plans to move out, providing a stable and predictable income stream. With its proximity to amenities and strong rental returns, this property is an excellent choice for investors looking to expand their portfolio.