Central Belt Investment, Edinburgh, Glasgow, Hamilton, Stirling

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RESIDENTIAL INVESTMENT OPPORTUNITY

Quality portfolio of 115 apartments across the Scottish central belt.

Opportunities for income enhancement, break-up and refurbishment. Available as individual lots or as a whole

Annual Gross Income: £656,220

Annual ERV: £769,380

115 residential properties comprising 19 one-bed and 96 two-bed apartments arranged over 6 developments in central locations of Edinburgh, Glasgow, Stirling and Hamilton.

The properties are 98.25% let and are actively being managed by Lothian Homes

To be sold as a whole or in the following Lots:

Lot 1 : Orwell Terrace, Edinburgh
22 apartments: 4 one-bed and 18 two bed
13 let on Scottish Assured Shorthold Tenancies and 9 let on Assured Tenancies
Annual Gross Income: £147,240
Annual ERV: £160,880
http://www.rettie.co.uk/development/orwell

Lot 2 : Gogarloch Syke, Edinburgh
6 two-bed apartments: 2 let on Scottish Assured Shorthold Tenancies and 3 let on Assured Tenancies, 1 void
Annual Gross Income: £33,600
Annual ERV: £48,600
http://www.rettie.co.uk/development/gogarloch

Lot 3 : Waterside Place, New Gorbals, Glasgow 20 apartments: 8 one-bed and 12 two-bed units Annual Gross Income: £100,680 pa
Annual ERV: £129,600
http://www.rettie.co.uk/development/waterside

Lot 4 : Cartbank Grove, Glasgow
31 two bed apartments
All let on Scottish Assured Shorthold Tenancies
Gross Annual Income: £170,640 pa
Annual ERV: £202,200
http://www.rettie.co.uk/development/cartbank

Lot 5 : Whinwell Road, Stirling
24 two bed apartments
All let on Scottish Assured Shorthold Tenancies
Gross Annual Income: £135,000
Annual ERV: £147,900
http://www.rettie.co.uk/development/whinwell

Lot 6 : Campbell Close, Hamilton
12 two bed apartments
Let on Scottish Shorthold Assured Tenancies
Gross Annual Income: £69,060
Annual ERV: £80,400
http://www.rettie.co.uk/development/cartbank

All heritable interest