Edinburgh Property Investment

1. Purchase date – November 2019
2. Type of property – 1 bedroom, first floor
3. Purchase price – £165,000 (Home report Valuation £165,000)
4. Rent – £800pcm
5. Gross yield –  5.8%

1. Purchase date – October 2019
2. Type of property – 1 bedroom, top floor
3. Purchase price – £110,000 (Home report Valuation £98,000)
4. Rent – £700pcm
5. Gross yield –  7.6%

1. Purchase date – October 2019
2. Type of property – 1 bedroom, second floor
3. Purchase price – £168,123 (Home report Valuation £150,000)
4. Rent – £750pcm
5. Gross yield –  5.3%

1. Purchase date – August 2019
2. Type of property – 1 bedroom, third floor
3. Purchase price – £28,000 (Home report Valuation £130,000)
4. Rent – £750pcm
5. Gross yield –  7.0%

1. Purchase date – August 2019
2. Type of property – 1 bedroom, second floor
3. Purchase price – £132,523 (Home report Valuation £115,000)
4. Rent – £750pcm
5. Gross yield –  6.8%

1. Purchase date – July 2019
2. Type of property – 3 bedroom, second floor
3. Purchase price – £308,000 (Home report Valuation £270,000)
4. Rent – £1725pcm
5. Gross yield –  6.7%

1. Purchase date – August 2019
2. Type of property – 1 bedroom, first floor
3. Purchase price – £150,000 (Home report Valuation £140,000)
4. Rent – £825pcm
5. Gross yield –  6.6%

1. Purchase date – August 2018
2. Type of property – 1 bedroom ground floor
3. Purchase price – £123,400 (Home report Valuation £120,000)
4. Rent – £750pcm
5. Gross yield –  7.3%

1.   Purchase date – August 2018
2.   Type of property -1 bedroom ground floor
3.    Purchase price – £138,500 (Value – £145,000, offer made)
4.   Refurbishment – £15,000
5.   Rent – £750pcm
6.   Gross yield – 5.9%

1. Purchase date – August 2018
2.  Type of property – 1 bedroom
3.  Purchase price – £111,111 (Value £105,000 @ closing date)
4.  Rent – £600
5.  Gross yield – 6.5%

1.   Purchase date – July 2018
2.   Type of property -1 bedroom flat
3.    Purchase price – £132,221 (value £120,000 @ closing date)
4.   Rent – £775pcm
5.   Gross yield – 7%

1.   Purchase date – July 2018
2.   Type of property – 1 bedroom flat
3.   Purchase price – £130,000
4.   Refurbishment – £10,000
5.   Rent – £750pcm
6.   Gross yield – 6.4%

1.   Purchase date – July 2018
2.   Type of property – 2 bedroom flat
3.    Purchase price – £157,000
4.   Rent – £750pcm (increase to £800pcm)
5.   Gross Yield – 6.1%

1.   Purchase date – June 2018
2.   Type of property -1 bedroom ground floor
3.    Purchase price – £135,000 (value £125,000, offer made)
4.   Rent – £700
5.   Gross yield – 6.2%

1.   Purchase date – June 2018
2.   Type of property -1 bedroom flat
3.   Purchase price – £121,000 (off market)
4.   Rent – 620pcm (increase to £675pcm)
5.   Gross yield – 6.7%

1.   Purchase date – June 2018
2.   Type of property -2 bedroom flat
3.    Purchase price – £158,000
4.   Rent – £755pcm (increase to £800pcm)
5.   Gross yield – 6.1%

1.   Purchase date – April 2018
2.   Type of property -1 bedroom flat
3.    Purchase price – £127,000
4.   Rent – £700
5.   Gross yield – 6.6%

1.   Purchase date – February 2018
2.   Type of property -2 bedroom flat
3.    Purchase price – £155,000
4.   Rent – £750pcm
5.   Gross yield – 5.8%

1.   Purchase date – February 2018
2.   Type of property – 1 bedroom property
3.   Purchase price – £160,000
4.   Rent – £850pcm
5.   Gross yield – 6.4%

• Purchase date – June 2013
• Address – Marchmont Road
• Purchase Price – £290,000 (£5,000 upgrading spend)
• Rent – £2,100pcm
• Gross yield – £8.5% (initial yield was 7.1% at £1,750pcm rent)

We sourced this 3 bedroom property in prime student territory during the summer of 2013 then spent £5,000 carrying out some minor upgrades and converting the property into a 4 bedroom HMO property. The property initially let for £1,750pcm and now rents for £2,100pcm which, based on the initial purchase price is a gross yield of 8.5%. The 2017 value of this property is c £380,000 so that’s capital growth of £85,000 in 4 years (that’s not to mention how much higher over the valuation a buyer would pay to get their hands on such a prime property).

1.   Purchase date – February 2018
2.   Type of property -1 bedroom flat
3.    Purchase price – £109,000
4.   Refurbishment – £30,000
5.   Rent – £775pcm
6.   Gross yield – 6.7%

1.   Purchase date – February 2018
2.   Type of property -1 bedroom flat
3.    Purchase price – £131,000
4.   Rent – £700pc
5.   Gross yield – 6.4%

1.   Purchase date – February 2018
2.   Type of property -4 bedroom HMO property
3.   Purchase price – £425,000
4.    Rent – 2,200pcm
5.   Gross yield – 6.2%

1.   Purchase date – January 2018
2.   Type of property -2 bedroom property with 2 parking spaces
3.   Purchase price – £300,125
4.    Rent – £1,200pcm
5.   Gross yield – 4.8%

• Purchase date – November – December 2016
• Address – Hawkhill Close (2), Fowler Terrace, Belmont Road
• Purchase Price – £539,250 (combined) (£18,000 upgrading spend)
• Rent – £2,900pcm
• Gross yield – 6.5%

We were approached by a client with access to around £500,000 to spend and managed to source him 2 properties off-market and 2 great deals on the open market over a 3 month period. The two Hawkhill Close properties were purchased off-market, both well below valuation and one already tenanted. We carried out some minor refurbishment of each property and increased the rent of both to £800pcm. We also secured a fantastic 1 bedroom property in the popular Polwarth area (with property values benefitting from the regeneration of the Brewery sites along the Union Canal) and another 1 bedroom flat close to our client’s home in South-West Edinburgh. These 4 properties are the start of a fantastic portfolio!

• Purchase date – June 2017
• Address – South Queensferry
• Purchase Price – £352,000
• Rent – £1,400pcm
• Gross yield – 4.8%

We were tasked with finding a family home for an overseas client who wanted to buy a property for his own future personal use but to be let out for the next year before he returned to the UK. We spent 6 months searching off-market and on the open market for a suitable property and were delighted to secure this cracker of a property overlooking the Firth of Forth.

• Purchase date – April 2017
• Address – Broughton Road
• Purchase Price – £128,000 (Valuation £130,000)
• Rent – £675pcm
• Gross yield – 6.3%

After a couple of months searching for a property for our client we were introduced to this fantastic 1 bedroom, off-market, property. The property was tenanted (£625pcm with scope to immediately increase the rent to £675pcm) and fully furnished. We expect property values in this part of Edinburgh to benefit from the huge redevelopment of Edinburgh St james and so our client is excited to have a property in the heart of this future action!

• Purchase date – May 2017
• Address – Moat Terrace
• Purchase Price – £102,000 (Valuation £115,000) (£16,000 upgrading spend)
• Rent – £675pcm
• Gross yield – 6.9%

We sourced this fantastic 1 bedroom property in the handy Slateford area. The property was in need of various upgrading so the Umega maintenance team carried out a full rewire, decoration throughout, installed Gas Central Heating and installed a new kitchen. The valuation when purchased was £115,000 and with all the work that has been carried out we expect the new valuation to be around the £130,000 mark.