21 Bedrooms Block of flats for sale in Portfolio Of 13 Units, Edinburgh, Eh4, Eh11 EH12, | £ 2,320,000
Overview
| Price: | £ 2,320,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Block of flats |
| County: | Edinburgh |
| Town: | Edinburgh |
| Postcode: | EH12 |
| Address: | Portfolio Of 13 Units, Edinburgh, Eh4, Eh11 EH12, |
| Bathrooms: | 0 |
| Bedrooms: | 21 |
Property Description
An excellent Edinburgh residential and commercial property portfolio for sale.
A unique stand-alone block of nine in Corstorphine, plus 2 further flats. A residential portfolio of 11 Units with 9 being let on an Air BnB basis and generating strong rents of circa £20,000pcm. Another two commercial units are also available as part of the portfolio.
Residential
Featherhall Avenue, Corstorphine, EH12 7TG, 9x Modern Flats, Majority Tenanted
Wester Hailes Park, Wester Hailes, EH14 3AE, 1 Bedroom Flat, Tenanted, EER Band: D
Dalry Road, Edinburgh, EH11 2ES, 1 Bedroom Flat, Vacant, EER Band: C
Commercial
Balgreen Road, Edinburgh, EH11 2RZ, Small Shop, Vacant
Dumbrae Drive, Edinburgh, EH4 7BY, Bus Shelter and Shed, Vacant
Due Diligence
A limited amount of information on each property is available on request. All properties are sold as seen. Your attention is drawn to the fact that we have been unable to confirm whether certain items included within the properties are in full working order. Any prospective purchasers must accept that the portfolio is offered for sale on this basis.
The Disposal Process
The portfolio is being offered to the market by means of an informal tender process. Our client's preference is to sell the portfolio as a single lot. Access to properties can be arranged by appointment only.
Investment Proposal
The properties are being sold on behalf of the Joint Administrators of Rent A Place Limited which entered into administration on 18th September 2018. Thomas Campbell MacLennan and Alexander Iain Fraser were appointed as Joint Administrators on that date. They act as administrators of the company and without personal liability. As is normal in sales by insolvency.
Property Location
Property Marketed by Cairn Estate and Letting Agency
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