***RARELY AVAILABLE INVESTMENT OPPORTUNITY*** Main door 3 Bed - maisonette flat located in the centre of HADDINGTON, EAST LOTHIAN. ***RICS HOME REPORT VALUE £110,000*** Requires full refurbishment.
Realistic Rents in the area for a 3 bed flat in this location could be up to £1600pcm, giving an income of £19,200pa which would give an *EXCELLENT YIELD*OF OVER 21% if achieved for the guide price.
**Ideal property for first time buyer, retirement home, buy to let or short term letting (STL). Properties in the areas surrounding Edinburgh can command high nightly rates in serviced accommodation**
Haddington lies just off the A1 so that Edinburgh is only about 30 minutes away by road and there are regular bus services together with rail links from Drem, Longniddry & Dunbar.
***RARELY AVAILABLE INVESTMENT OPPORTUNITY*** Main door 3 Bed - maisonette flat located in the centre of HADDINGTON, EAST LOTHIAN. ***RICS HOME REPORT VALUE £110,000*** Requires full refurbishment. Property Consists: Entrance hall, two landings, cloakroom W.C, living room, kitchen, three bedrooms and bathroom. Further benefits from attic room that may be suitable as an additional room/bedroom. Realistic Rents in the area for a 3 bed flat in this location could be up to £1600pcm, giving an income of £19,200pa which would give an *EXCELLENT YIELD*OF OVER 21% if achieved for the guide price. **Ideal property for first time buyer, retirement home, buy to let or short term letting (STL). Properties in the areas surrounding Edinburgh can command high nightly rates in serviced accommodation** SALES EVIDENCE: 2, Sidegate, Haddington sold for £155,000 July 2024.
The popular country town of Haddington offers an excellent quality of life with its wide variety of shops, restaurants and bars and is ideally located close to the A1 for access to Edinburgh and the south. The counties beautiful villages, excellent beaches and variety of golf courses are all within easy reach and there are delightful walks along the banks of the River Tyne close by. Haddington also benefits from a golf course and excellent sports centre with a swimming pool. Access to Edinburgh is via the A1 taking approximately 30 minutes by car and there are train facilities at nearby Drem and Longniddry Stations as well as a frequent bus service from the High Street. There is excellent local schooling within Haddington at primary and secondary levels. Knox Academy is listed in the top 50 Scottish State Secondary schools. Private schooling is available at the Compass School as well as at Loretto in Musselburgh and in Edinburgh.
Full Address: 5 Sidegate, Haddington, EH41 4BT
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