Murrayburn Green
Edinburgh, EH14

Murrayburn Green,
Edinburgh,EH14

3 Bedrooms 1 Bathroom
Guide price:£85,000
Ends 12th November 2021 at 3PM
  • Parking:Street
  • Council Tax Band:A
  • Bright and Spacious rooms
  • 3 Double Bedrooms
  • Communal drying green
  • Super investment property- Potential Yield 13%
  • Value easily added- Ideal for BRRRR Investment method
  • Terrific storage
  • Excellent starter flat
  • Warm air heating system
  • Great location close to Heriot Watt Uni
  • Pre-auction offers considered
  • Warm Air Central Heating

Description

This is a superb opportunity to purchase high yielding property in the established residential area of Wester Hailes, Edinburgh.

This 3 bedroom property is in need of a cosmetic upgrade however it offers the perfect blank canvas for someone looking to add value to a property.

The accommodation comprises:- 3 Great sized double bedrooms, Bright and spacious living room,  Good sized kitchen and family bathroom,  Further benefits include superb storage, secure door entry system, warm air heating system, shared store on landing, communal drying green and shared parking area.

Realistic rent for a 3 Bedroom flat in this area is around £950pcm giving an annual income of  £11,400.00 and providing a terrific potential yield of over 13% if achieved for guide price.  Once renovation completed, realistic end value around £125k.  Comparable sales evidence below:-

15/8, Murrayburn Green, Edinburgh - £125,000
Murrayburn Green, Edinburgh - £120,000
 

Wester Hailes is an established western residential suburb of Edinburgh, offering plenty of local amenities and a selection of supermarkets within a short radius, including a Lidl at Westside Plaza, an ASDA at Chesser, and a large Sainsbury's at nearby Longstone. The Gyle Centre and Hermiston Gait retail parks are both within easy reach and also offer large supermarkets and numerous popular high street names, whilst Westside Plaza also provides a multi-screen cinema. There is easy commuting into the city by bus, with the city bypass and major trunk routes also readily accessible. There are numerous public spaces including walks along the Union Canal, plus local schools from primary through to secondary level within easy reach, as well as Edinburgh College and the Sighthill campus of Edinburgh Napier University.

In the event of an offer being accepted the following charges will be payable immediately:-

Buyers Fee £3,000

Deposit to the sum of 10% of the sale price (subject to a minimum of £3,000)

 

EPC rating: F.

Location

Documents

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Floorplan
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PDF
EPC
Certificate
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Available
Areas

edinburgh_shore
Edinburgh

Beautiful Capital City of Scotland is a popular tourist and business destination all year round.  The property market in this fine Festival City has consistently remained buoyant for a good number of years and doesn’t show any signs of slowing down at any time soon.  Edinburgh is our hub for both the city and all surrounding areas from the scenic Scottish Borders to the commuter towns of and picturesque villages of Fife.

dundee_city_quay
Dundee

The wonderful City of Discovery has enjoyed a regeneration in recent years with the waterfront development on the banks of the Firth of Tay estuary at the heart of it.  Dundee benefits from a large Student population ensuring rental properties, in particular,  are always popular.  Moving south from Dundee is the Fair City of Perth while going the other direction North of Dundee you have the birthplace of Scotland, Angus.

aberdeen
Aberdeen

The Granite City, as it is affectionately called, is a vibrant city with a large student population.  The city has benefited from the Oil industry with a number of large businesses headquarters being based there.  The Aberdeenshire area boasts some of the best beaches and coastal walks in the country.  With the rise in popularity of Staycations the rural settings of Aberdeenshire villages are sure to be popular in the coming years.