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3 bedroom flat for sale
Abbey Lane, Edinburgh, EH8
£365,000
Abbey Lane, Edinburgh, EH8
£365,000
Price History
Initial price | £390,000 |
15/05/24 | £385,000 |
23/05/24 | £380,000 |
30/05/24 | £375,000 |
06/06/24 | £370,000 |
14/06/24 | £365,000 |
21/06/24 | £360,000 |
28/06/24 | £355,000 |
07/07/24 | £380,000 |
22/07/24 | £375,000 |
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 |
12/09/24 | £375,000 |
26/09/24 | £365,000 |
02/10/24 | £360,000 |
09/10/24 | £355,000 |
15/10/24 | £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 |
Price Change | -6.41% |
Description
This 3-bedroom flat in Edinburgh is an attractive investment opportunity, offering a current annual gross income of £16,800, which has the potential to increase to £26,448 with a market rate rental. The property is well-maintained and features 3 bedrooms, a lounge, kitchen, and ensuite. The current tenants, who have been in residence for several years, have consistently paid their rent and do not intend to move out, providing a stable income stream for the new owner. With a worthwhile addition to an investor's portfolio, this property presents a fantastic opportunity for those looking to expand their rental portfolio.