Jameson Place, Edinburgh, EH6
INVESTMENT BREAKDOWN
£185,000 PURCHASE PRICE
£265,000 RENOVATED VALUE
7.1% YIELD
£59,775 RENOVATION COSTS
£1,450 RENTAL INCOME (PCM)
2 BED
This property offers excellent returns of 7.1% now full renovated.
The renovation works included: gas installation, new energy efficient heating system, full wiring and plumbing, as well as new kitchen, bathroom, décor and flooring throughout. These works improved the capital value by 43% and provided £15,245 of equity post renovations.
These works will improve the EPC rating as well as the rental income and capital value.
Drone Photo of Jameson Place
Completed Renovation Video
ABOUT THE PROPERTY & AREA
This ground floor property, is positioned on a quiet cul-de-sac just off Edinburgh’s famous Leith Walk. An area which is going through vast regeneration with the introduction of the tram line which gives direct access to Edinburgh airport.
This part of the city has been going from strength to strength over the last decade and has much further to go. It has become one of the rental hot spots for young professionals due to the ease of getting into the city centre and the beautiful Shore area which has several Michelin Star restaurants.
The property is accessed via a secure entry system. To the rear, there is a well maintained communal garden.
