Flat 21, 5 Simpson Loan, Edinburgh, EH3 9GX

Impressive two bedroom tenanted apartment Boasting stunning views and a desirable position within Edinburgh’s prestigious Quartermile development.

The property is being offered as a tenanted investment and currently generates an attractive rental income of £2,575 per calendar month, equating to £30,900 per annum.

The spacious and light-filled accommodation comprises an impressive open-plan kitchen, living and dining area, featuring floor-to-ceiling windows overlooking The Meadows, a modern fitted kitchen with integrated Siemens appliances, two well-proportioned double bedrooms, a master bedroom with ensuite shower room, and a further bathroom.

Both bedrooms benefit from fitted wardrobes and carpeting, while additional features include gas central heating and secure private underground parking.

Offered fully furnished at more than 20% below the market value, this is an excellent opportunity to acquire a ready-made investment in one of Edinburgh’s most sought-after developments.

With a current incoming rent of £30,900 per annum, this offer an attractive 6% rental yield if purchased around the current guide price. Council Tax Band G.

Quartermile is ideally positioned on the edge of The Meadows, just off Lauriston Place and within easy walking distance of Edinburgh city centre, the University of Edinburgh and the city’s financial and business districts.

The property enjoys an exceptional range of amenities on its doorstep, including cafés, restaurants, a 24-hour gym, Starbucks and a Sainsbury’s supermarket, while the surrounding area offers an outstanding choice of independent shops, bars and restaurants.

Many of Edinburgh’s renowned attractions are also within easy walking distance, including the historic Old Town, Grassmarket, Edinburgh Castle, George Street and the fashionable West End, together with the Traverse Theatre, Lyceum, Usher Hall and Cameo cinema.

Excellent public transport links provide convenient access to the wider city and beyond, with Waverley railway station and Edinburgh’s extensive bus network readily accessible, while major road connections are also within easy reach.

Purchasers notes Please note that these particulars have been prepared by us on the basis of information provided by our client.

If there is any aspect of these particulars that you wish clarified or that you find misleading please contact the office where further information will be made available.

• No tests have been made of services, equipment or fittings. • No warranty is given or implied as to the condition of buildings, services, fixtures, fittings etc.

• All measurements, distances and acres are approximate. • Fixtures, fittings and other items are not included unless specified in these details. This material is protected by the laws of copyright.

The owner of the copyright is Auction House Scotland. The property sheet forms part of our database and is protected by the database rights and copyright laws.

No unauthorised copying or distribution without permission. Auction House Scotland is revolutionising the sale of property in Scotland.

Remember, if you are buying a property which is being sold by Auction House Scotland you will normally be responsible for payment of a Buyer's Premium or Auction Fee of 3.6% of the purchase price subject to a minimum of £3600 inclusive of VAT.

More details can be obtained on application. Cybercrime Warning: Please be aware that there is a significant risk posed by cyber fraud, specifically affecting email accounts and bank account details.

Please note that our bank account details will not change during the course of A transaction and we will not change our bank details via email.

Please be careful to check account details with us in person if in any doubt. We will not accept responsibility if you transfer money into an incorrect account.