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
£365,000

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
Price Change -1.35%

Description

This 3-bedroom flat in Edinburgh is a lucrative investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £16,800, but with some minor adjustments, the new owner could increase this to a market rate of £26,448. The property is well-maintained and features 3 bedrooms, a lounge, kitchen, and an ensuite. The current tenants, who have lived in the property for several years, are committed to staying, providing a stable and predictable income stream. With a purchase price that will yield a worthwhile return, this property is an attractive option for investors seeking to add to their portfolio.