Summary - 63 THOMPSON PLACE, CORBIEHALL, BO'NESS EH51 0AU
1 bed 1 bath Ground Flat
Ready-made buy-to-let with 8.1% yield and immediate rental income.
Long-term tenant in place since 2015, income from day one
A straightforward buy-to-let in Bo'ness offering immediate income and solid yield. The ground-floor, one-bedroom flat is let long-term (tenant in place since 2015) and currently returns £425 pcm, giving an 8.1% yield on the asking price of £62,500. The property is fully compliant, comes with inventory and is sold with tenancy continuing for an investor wanting instant rental income.
The accommodation extends to about 48 sq m (458 sq ft) and includes an open-plan lounge/dining/kitchen, generous double bedroom, modern shower room, separate laundry room and private garden. Practical features include gas central heating, double glazing and an EPC rating of C — sensible running costs and tenant appeal in colder months.
Buyers should note the property sits in a very deprived area with local demographics dominated by primary-sector workers and Eastern European communities; this can mean steady rental demand but may limit near-term capital growth. The building is a Victorian stone terrace with some period character, and exterior and internal photos indicate areas that would benefit from cosmetic updating or modernization over time.
This is targeted at investors seeking a low-friction purchase: income from day one, a recent Home Report valuation of £65,000, and no buyer fees. The flat is offered freehold and is sold as seen — suitable for a hands-off landlord or an investor planning light refurbishment to improve capital value and rental prospects.
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