Pennywell gardens, Edinburgh, EH4

An excellent opportunity has arisen to purchase this well-maintained second floor two-bedroom flat within a popular block in Muirhouse.

The home is accessed via a lift and stairwell leading to the landing. The front door opens to a wide hallway with two large storage cupboards, which leads to the rest of the home. To the left are the two bright bedrooms, both with plenty of room for a double bed, a wardrobe, and other items of furniture. To the right is the family bathroom, equipped with a three-piece suite with shower over bath.

To the rear of the property is the spacious lounge, with a dual aspect to the south and west ensuring bright direct light through the afternoon and evening even in the darker months, and a beautiful view of the city. Off the living room is the kitchen, fitted with modern handleless units, freestanding appliances, and leading to the private balcony. In the kitchen there is also one further storage cupboard.

The property further benefits from a concierge service, private residents' parking, communal grounds, a bin store, gas central heating, and double glazing.

Due to the nature of the property, the seller is looking for a cash buyer or one that does not require a mortgage to fund their purchase. The property is currently tenanted and achieving a yield of £1,000pcm, which equates to an ROI of 12.01% based on the current fixed price.

The Location

Muirhouse is an increasingly popular residential area of Edinburgh situated to the north of Ferry Road between Granton and Trinity. There is a selection of local shops including a Morrisons on Ferry Road. It is also well located for access to Craigleith Retail Park, the Gyle shopping centre and Ocean Terminal in Leith. Ainslie Park Leisure Centre is close by and there are excellent transport links to the city centre . Both Craigroyston Primary School and Oaklands School that provides a significantly adapted and supportive learning environment are in close proximity. It is also convenient for the City By-pass, the airport and the Central Belt motorway system.

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Disclaimer

Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.