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Portfolio of two prime properties in Liberton area

Edinburgh, EH16 - Get Access

5 bed

Description

This is a portfolio of two prime properties located in the exclusive Liberton area of Edinburgh. Both properties are within a B listed former coachhouse and have been fully modernized. They are offered with a discounted guide price, with a potential valuation of circa £1,150,000. 70 Kingston Avenue is a 5-bedroom property with an HMO license, offered with vacant possession. Its previous home report valuation was £600,000. 70a Kingston Avenue is a 4-bedroom property with an HMO license, currently let on a Private Residential Tenancy (PRT) lease at £3,000 per month (£36,000 per annum), offering an approximate yield of 4%. The tenants are private individuals. There is potential to combine both properties to create a large family home, or for use as a care home, boutique hotel, or lucrative serviced accommodation, all subject to obtaining the necessary consents. The portfolio presents an exceptional opportunity for investors, offering an income-producing asset with future asset management and capital growth potential in a strong property market. Edinburgh