Due to Leith Walk's ever-increasing popularity and its social and cultural importance, the flat will make either a unique home or a very viable income generating investment.

Please note that the property would benefit from a full upgrade in order to make it habitable. We suggest that you review all marketing materials and the Home Report before arranging a viewing.

Scott Webster (Ballantynes) suggests that with the pending trams along with the general market increase on Leith Walk and EH6 in general, we anticipate that this would make a solid investment for any shrewd investor with contractor contacts.

For viewings: Ballantynes advise that you plan your journey and places to park (should you be driving) to the property in advance due to the ongoing road work at this side of town.

Features
* Second floor two-bedroom flat in an historically significant terrace on Leith Walk
* Requires upgrading allowing for an innovative approach to its lay out and spatial use
* Current accommodation: hall; living room; adjoining kitchen and additional box room; two double bedrooms; further box room and; bathroom
* Existing double glazing and electricity and gas supplies

Set on one of Edinburgh's most iconic streets, 340/3 Leith Walk forms part of a later 19th century, C listed, three storey symmetrical terrace of four houses. The terrace has a central pend and is set back from the road with separate forecourts within which traditional single storey shops have subsequently been built. The front doors of the terraced houses are at first floor level and are reached by external stone steps from the forecourts.

The sale represents a rare opportunity to purchase an original, unaltered second floor dwelling. It now requires refurbishment allowing for an innovative approach to its lay out and spatial use.
The flat was acquired 40 years ago by the current owners and has a quadrangular foot print, built around a central communal access that serves all floors.

Currently, the hall is the hub of the flat and provides access to all rooms. The living room is to the back and the kitchen that is naturally lit adjoins it. At the far end of the kitchen, there is a box room that has been incorporated, thus the kitchen offers enough additional space for dining. There are two, virtually identically sized, double bedrooms to the front that could both benefit from separate en suite bathrooms, if desired, due to the positioning of the current bathroom and the very useful box room. Alternatively, the box room could be used to extend the living room.

The flat has double glazing and both an electricity and gas supply.

Area:
Leith Walk is situated approximately half a mile from Princes Street. In Spring 2023, the new extension to the Edinburgh Tram's cross city system will connect Leith and Newhaven, via Leith Walk, to the current terminus at York Place. At the top of Leith Walk, the dynamic and exciting Edinburgh St James Quarter is reaching completion and is now partially open. It will provide a world-class retail, leisure, hotel and residential amenity. The Playhouse Theatre and Omni Centre are also close by.

Leith is the iconic, cosmopolitan and very popular port area of Edinburgh and is a thriving part of the city. The modern and traditional mix of buildings contributes to Leith's charm and consequent appeal. It is a high amenity area with a wide selection of convenience and specialist shopping, with the additional benefit of a Sainsbury's on Leith Walk, a Tesco superstore on Duke Street and an ASDA at Sandpiper Drive. The Shore area tempts with a range of bars, bistros, and Michelin-starred restaurants. Ocean Terminal has many high-street stores, restaurants, an M&S Food Hall, gym, and multi-screen cinema.

Leith Links and other public parks and The Water of Leith Walkway all provide exercise and recreation and, in addition to the new and extended tram service, there is a frequent and well managed bus service to and from the city.

Council Tax Band: B
Tenure: Freehold