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2 bedroom semi-detached house for sale
Craigour Drive, Edinburgh, Midlothian
£135,000
Craigour Drive, Edinburgh, Midlothian
£135,000
Price History
Initial price | £145,000 |
19/11/24 | £135,000 |
Price Change | -6.90% |
Description
This two-bedroom semi-detached house in the popular Little France area, just 3.5 miles south of Edinburgh city centre, offers an excellent investment opportunity. The property is currently tenanted and generates £1,100 per month, providing a gross rental yield of over 9.75%. The accommodation extends over two levels and features a lounge, kitchen, conservatory, two bedrooms, and a bathroom, with double glazing, electric heating, off-street parking, and a rear garden. The property is well-located for local retail options, schools, and public transport links, and is within walking distance of Edinburgh University and the Royal Infirmary. The listed Guide Price offers an attractive 18% discount against the Home Report valuation of £165,000, making it an ideal addition to a rental portfolio. With the opportunity to increase rent in line with current legislation, this property is expected to generate significant interest, so it's recommended to act quickly to secure this excellent investment opportunity.