2 bedrooms
Loganlea Terrace, Edinburgh, EH7 6NT
***ONLINE AUCTION***
Brighton & Beck Property Group are proud to offer to Online Auction this 2 Bedroom Ground Floor Flat with Private Garden in the popular Craigentinny area of Edinburgh.
This fantastic property offers accommodation comprising entrance hallway, lounge, kitchen, 2 bedrooms and bathroom. There is a communal entrance equipped with secure entry system and a well-maintained stairwell leading to all apartments contained within the building as well as access to the shared garden area with bin stores to the rear. To the front and side of the property is a private garden area exclusive to flat 20/1. Specifications include gas central heating and double glazing throughout- both of which were upgraded in 2017 with the boiler receiving regular servicing.
The private rental market in the Craigentinny area typically commands a rental value of £795 PCM (£9,540 per annum) for a 2 Bedroom property of this nature providing an exceptional 8% potential rental yield.
HOME REPORT- £140,000
Lounge- 16'05 x 11'0
Kitchen- 9'09 x 5'09
Bedroom 1- 12'07 x 9'00
Bedroom 2- 1-'01 x 7'09
Bathroom
This truly is an ideal opportunity for a wide range of purchasers seeking a rarely available opportunity in an incredibly popular area of Edinburgh.
COMPARABLE SALES
33/1 Loaning Crescent, Edinburgh, EH7 6JL- Sold for £142,550 on 25/01/2021 (2 Bedroom Flat)
12/6 Loganlea Terrace, Edinburgh, EH7 6NT- Sold for £140,000 on 20/11/2020 (2 Bedroom Flat)
12/4 Loganlea Terrace, Edinburgh, EH7 6NT- Sold for £140,000 on 08/06/2020 (2 Bedroom Flat)
Craigentinny lies approx 3 miles east of the City Centre and is a very well-regarded residential area with good local shopping close by including a Morrisons store in Piershill with more shopping available at Meadowbank Retail park and Portobello. Fort Kinnaird Retail park is also just a short drive away and provides a variety of high street retails as well as well known restaurants and an Odeon Multi Screen Cinema. Criagentinny Primary School is within walking distance and secondary schooling at Portobello Secondary School, Holyrood High School and St John RC School are all relatively nearby. Regular bus services operate regularly to and from the City Centre.
Viewings: In order to View the property please register at www.brightonandbeck.co.uk where you will be able to place your viewing request against any properties than you are interested in.
Features
- Ground Floor Flat,Private Gardens,Ideal first time buy,Excellent BTL investment,8% potential rental yield in Edinburgh,GCH,DG,Secure entry system
Location
DON'T GET HAMMERED AT AUCTION. BUY FROM SOMEONE YOU CAN TRUST.... BRIGHTON & BECK
Important Note
The latest published guide price is shown on the website. The reserve price is the minimum price at which the property can be sold. The guide price given is the minimum price at which the seller might be prepared to sell on the date on which the guide price is published. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted "subject to contract". The reserve price may be greater than the previously quoted guide price. The guide price will be published online immediately it becomes available. Lots may be sold or withdrawn prior to auction. Auction properties are subject to a buyer’s premium of a minimum £4,000+VAT (£4,800) and Estate Agency properties are subject to a buyer’s premium of a minimum £1,500+VAT (£1,750). Any commercial sales are subject to a buyers premium of a minimum £5,000+VAT (£6,000) or 3%+VAT (Whichever is the greater). Each property listing provides the individual Buyers Premium, but for more Information on a properties Buyers Premium and any other related fees please feel free to speak to a member of the team.
Guide Price £115,000.00
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Floor plans