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53 Watson Crescent, Edinburgh, EH11 1EW

£80,000

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Flat

Residential

53 Watson Crescent, Edinburgh, EH11 1EW

1

bed

0

bath

1

reception

Council tax: A

Tenanted Residential Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this 1-bedroom tenanted flat located within a prime location in Polwarth.

  • Sales Evidence:**2f4, 59 Watson Crescent, Polwarth, Edinburgh EH11 1EW, sold for £225,000**; **63 Watson Crescent, Polwarth, Edinburgh EH11 1EW, sold for £176,000**; **57 Watson Crescent, Polwarth, Edinburgh EH11 1EW, sold for £110,000**

  • This property is currently rented at £700 per month, promising an impressive 10.5% yield at the current guide price, an attractive proposition for investors seeking a solid return.

  • This is a perfect turnkey property with all necessary compliances in place, managed by a reputable letting agent, offering buyers peace of mind and a seamless investment opportunity.

  • Ideally situated close to the city centre and local amenities, this location provides convenience and accessibility, enhancing the property's appeal to tenants and buyers alike.

PRIME NEW LISTING. We are excited to present this 1-bedroom tenanted flat located within a prime location in Polwarth.

The property comprises a spacious bedroom, a comfortable living area with a well-equipped kitchenette, and a modern shower room.

This property is currently rented at £700 per month, promising an impressive 10.5% yield at the current guide price, an attractive proposition for investors seeking a solid return.

This is a perfect turnkey property with all necessary compliances in place, managed by a reputable letting agent, offering buyers peace of mind and a seamless investment opportunity.

Ideally situated close to the city centre and local amenities, this location provides convenience and accessibility, enhancing the property's appeal to tenants and buyers alike.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**2f4, 59 Watson Crescent, Polwarth, Edinburgh EH11 1EW, sold for £225,000**; **63 Watson Crescent, Polwarth, Edinburgh EH11 1EW, sold for £176,000**; **57 Watson Crescent, Polwarth, Edinburgh EH11 1EW, sold for £110,000**

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website.

This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created.

For further details on how to have a bidding account created, please contact the team.

Location

Polwarth is a vibrant area of Edinburgh known for its charming blend of residential streets and local amenities. Its proximity to the city centre and excellent transport links make it a favoured spot for both renters and buyers. The area is well-served by cafes, shops, and parks, providing a balanced urban lifestyle.

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10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£14,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.