No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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2 bedroom flat

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Flat
2 bed
2 bath

Key information

Tenure: Ask agent
Ground rent: £0 per annum | review period: unconfirmed
Service charge: £0 per annum
Council tax: Band D
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Hall
  • Living room
  • Kitchen
  • Two double bedrooms
  • Two shower rooms
  • Gas central heating
  • Communal rear garden
  • On street permit parking (Zone 8)
*FIXED £15K BELOW HR*
*INVESTMENT SALE ONLY - SOLD WITH TENANTS IN SITU*

Located within the James Gillespie's Primary School and James Gillespie's High School catchments.

Spacious traditional two-bedroom first floor flat within a Victorian tenement, in the sought after Marchmont area of Edinburgh.
HMO Compliant (3 bedrooms) - all certificates in place.

88sqm internal floor area

Rental achievement £1,650pcm in current condition. 5% return based on sales value of £395,000.

The spacious accommodation comprises: entrance hall, living room with original cornice, deep skirtings, shelved Edinburgh press and tiled fireplace. Kitchen fitted with a range of base and wall mounted units with integrated oven, hob and extractor. Two bedrooms both with ample space for freestanding furniture and retaining original fireplaces. Two shower rooms, both fitted with wet wall, vanity sinks and WC’s, which completes the accommodation on offer.
The property has the benefit of gas central heating, resident’s permit parking (Zone 8 – permits available upon successful application to The City of Edinburgh Council) and access to a communal courtyard which add to the appeal of the property.

Location
Marchmont is a very popular area of Edinburgh, situated approximately a mile south of the city centre. It has a wide selection of amenities, convenience and speciality shops, services including doctors, dentists, and chemists. There are pubs, cafes, fast food outlets and restaurants. Neighbouring Morningside, Newington and Tollcross offer further amenities including cinemas and theatres. Marchmont is ideally placed for access to the University, hospitals and excellent schooling, including James Gillespie’s High School. It is a short walk to The Meadows and Bruntsfield Links where there are public tennis courts, playgrounds, and a pitch and putt golf course. Holyrood Park, Arthur’s Seat and Salisbury Crags are located a little further to the east. The city centre is easily accessible on foot and there are excellent bus services available from Marchmont Road and Melville Drive. The City Bypass is nearby and connects to the motorway network.

Extras
All fitted flooring, integrated appliances and window coverings are included in the sale. Items of furniture may be available by separate negotiation. No warranties, inventory or inventory will be provided.

EPC: C
Council Tax: D

Proof and Source of Funds / Anti Money Laundering

Under the HMRC Anti Money Laundering legislation all offers to purchase a property on a cash basis or subject to mortgage require evidence of source of funds and required to produce proof of identity and proof of address. This is acceptable either as original or certified documents.

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    Property reference DJS220218. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by DJ Alexander - Edinburgh Sales.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on March 28, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.