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4-bedroom mid-terraced house with tenant in situ
Ratho Station, EH28 - Get Access
4 bed
1 bath
Description
Being sold with a tenant in situ, this is a superb opportunity to acquire a four-bedroom mid-terraced house on Hillwood Terrace, Ratho Station near Edinburgh. The accommodation comprises an entrance hallway, a kitchen with dining space, a ground floor bedroom, and a WC. On the first floor, there are a further three bedrooms with integrated storage solutions, each with ample space for a double bed, alongside a modern wet-walled bathroom. Externally, the property benefits from a driveway and a private garden to the rear. The property has a long-term tenant in situ currently paying £1,067 per calendar month (£12,804 per annum), offering a yield of 9% based on the guide price. It should be noted that this is considerably below the local housing allowance rate for a four-bedroom house in the area, which is £26,088 per annum. The property represents a significant discount of £50,000 compared to the home report value of £190,000. Council Tax Band C. The area is exceptionally well connected, with excellent transport links making commuting straightforward. The property is conveniently located for access to the City Bypass, the M8 and M9 motorway networks, and is just a short drive from Edinburgh Airport. Regular bus services provide direct routes into Edinburgh city centre, making this an ideal location for those seeking a balance between village living and city accessibility.
Comparable sales
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Estimated market value
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Range:
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High confidence
Floor Area Estimated: 1,100 sq ft
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