1 bed flat for sale

Balfour Street, Edinburgh EH6

Tenanted 1 bedroom buy-to-let investment property just off Leith Walk, Edinburgh. This ground floor property is located within a traditional tenement building with the accommodation comprising a hallway, living room, double bedroom, internal kitchen, and internal bathroom. The property benefits from being in good decorative order with gas central heating, double glazing, and within minutes' walk of a tram stop.

The property is being sold with the tenants in situ as a buy-to-let investment property. The property is fully compliant and the tenant has been resident since June 2024 providing rental income on day 1 of purchase. The current tenancy generates an annual rental income of £10,200 representing an immediate yield of 6.1%. The property is sold as seen and the sale price includes all the inventory items. The Home Report value is £175K.

Balfour Street is a quiet leafy street located just off Leith Walk which benefits from zone parking. Ideally situated with Pilrig Park at one end of the street and the bustling Leith Walk at the other end, offering many cafes, bars, and restaurants.