Moray Place, New Town, EH3
Purchase Price
£702,000Total Spend
£788,980Rent Achieved
£2,500Yield
3.8%
26 Moray Place was a property which we helped source for a landlord who was looking for a high-end piece of real estate at a blue-chip Edinburgh address. This investor was clear that, although long term capital growth was his main priority, he also wanted the property to “wash its face” in terms of a rental yield. The property needed some modernisation to fully maximise its rental potential. We project managed some light maintenance/kitchen upgrades, painted the property throughout and installed a contemporary furniture package to perfectly compliment the traditional periodic features. The property is achieving £2,500 pcm on a long-term basis..