4 bedroom duplex for sale
Key information
Property description & features
- Tenure: Freehold
- Prime Property Auctions is excited to bring to market this stunning four-bedroom, duplex apartment located within a sought Edinburgh. *Home Report of £315,000 / Guide of £275,000*
- *171 Flat 13, Lower Granton Road, Edinburgh, Midlothian EH5 1EY sold for £375,000, 152, Lower Granton Road, Edinburgh, Midlothian EH5 1EY sold for £375,000,173 Flat 12, Lower Granton Road, Edinbu
- If run as an airbnb, property could command a nightly rate of £140 per night which would generate a monthly income of £3406/month based on 80% occupancy (subject to gaining necessary planning permi
- This property has the potential to be used for serviced accommodation, subject to necessary consents, with similar properties achieving a rate upwards of £100 per night *HIGH YIELD POTENTIAL*
- Property is located near a whole host of local amenities including shops and restaurants, with local schools nearby and easy access to the city centre
- Prime Property Auctions is excited to bring to market this stunning four-bedroom, duplex apartment located within a sought after Edinburgh address. *Home Report of £315,000 / Guide of £275,000*
- *171 Flat 13, Lower Granton Road, Edinburgh, Midlothian EH5 1EY sold for £375,000, 152, Lower Granton Road, Edinburgh, Midlothian EH5 1EY sold for £375,000,173 Flat 12, Lower Granton Road, Edinburgh, Midlothian EH5 1GL sold for £364,500*
- If run as an airbnb, property could command a nightly rate of £140 per night which would generate a monthly income of £3406/month based on 80% occupancy (subject to gaining necessary planning permission).
- This property has the potential to be used for serviced accommodation, subject to necessary consents, with similar properties achieving a rate upwards of £100 per night *HIGH YIELD POTENTIAL*
- Property is located near a whole host of local amenities including shops and restaurants, with local schools nearby and easy access to the city centre
Prime Property Auctions is excited to bring to market this stunning four-bedroom, duplex apartment located within a sought after Edinburgh address. *Home Report of £315,000 / Guide of £275,000*
Property Comprises:
Ground floor; Entrance vestibule, hallway, two bedrooms, shower room and ample storage. First Floor; Hall landing, living-room, kitchen, master bedroom with En-suite shower-room and bedroom
Sales Evidence:
*171 Flat 13, Lower Granton Road, Edinburgh, Midlothian EH5 1EY sold for £375,000, 152, Lower Granton Road, Edinburgh, Midlothian EH5 1EY sold for £375,000,173 Flat 12, Lower Granton Road, Edinburgh, Midlothian EH5 1GL sold for £364,500*
If run as an airbnb, property could command a nightly rate of £140 per night which would generate a monthly income of £3406/month based on 80% occupancy (subject to gaining necessary planning permission).
Property is located near a whole host of local amenities including shops and restaurants, with local schools nearby and easy access to the city centre
For rental purposes, the property could attract a monthly rent of £1650- £1875 PCM, £19,800- £22,500 PA which would provide an excellent gross yield of between 7.2% - 8.1% based on a guide price of £275,000.
The local areas have seen some great sales recently showing that there is strong demand recently.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
Potentially high yielding investment property.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
This property has the potential to be used for serviced accommodation, subject to necessary consents, with similar properties achieving a rate upwards of £100 per night *HIGH YIELD POTENTIAL*
Location:
Edinburgh, Scotland's capital city, offers a prime investment opportunity with its rich cultural heritage, robust economy, and strategic location. Known for its historic and architectural landmarks, the city also boasts diverse sectors including finance, technology, education, and tourism. One of the standout features for investors for this property is the amazing beach views and open sea views from the living area space, providing a unique selling point for residential developments.
The city's excellent transport links and proximity to major financial centers make it an attractive destination for businesses and residents alike. Investors can capitalise on Edinburgh's expanding property market, urban regeneration projects, and cultural initiatives to drive economic growth. Additionally, the city's vibrant arts scene, renowned universities, and abundant green spaces create opportunities for leisure and tourism ventures. Investing in Edinburgh promises both significant financial returns and the chance to contribute to the ongoing prosperity and vibrancy of this historic yet forward-looking city in Scotland.
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Property reference 206237231. 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 Prime Property Auctions - Glasgow.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 20, 2021
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 January 10, 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: obtained on November 11, 2020 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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