3 bedroom flat

This is a spacious first floor three-bedroom flat, in a late Victorian traditional Edinburgh tenement on Duke Street, in the high amenity Leith area, complete with valid HMO license and safety certificates, making it an ideal investment opportunity.

The property has the potential to achieve 8.64% rental yield (based on HR value and our CMV HMO rental figure).

The well-presented accommodation is accessed via a common stairwell and comprises: an entrance hall with storage; bright open plan living room/ kitchen with high ceilings and ample room for a dining table; kitchen has coordinating wall and floor storage units, integrated appliances and storage; there are three sizable double bedrooms, all with an abundance of space for bedroom furniture; and a further box room, ideal for storage provisions or a home office; lastly, the three piece bathroom with wash hand basin, shower over the bath, and WC completes the accommodation.

The property further benefits from gas central heating, double glazing and on street permit parking can be found in the surrounding areas under zone N8. The property also has the potential to achieve 8.64% rental yield (based on HR value and our CMV HMO rental figure).

Duke Street, North-East of the city centre, is set in the desirable area of Leith which is renowned throughout Edinburgh for its cosmopolitan and vibrant culture. There is an eclectic mix of local shops, with a Tesco superstore, located on the doorstep on Duke Street, and many other small businesses, eateries, bars and salons on Leith Walk and Easter Road. There are easily accessible open green spaces for recreation purposes, with the property neighbouring Leith Links directly opposite, as well as Craigentinny Golf Course just over a mile away, and bracing walks along the Water of Leith cycle path and Newhaven Shore. The location is well served by day and night bus services to the city centre and in close proximity to the Foot of the Walk tram stop, 0.2 miles away at Constitution Street. Waverley railway station is also within reach and there is easy vehicular access to the A1 and the City Bypass via the A901 Great Junction Street.

All window furnishings (curtains, curtain poles, blinds etc), floor coverings, light fixtures, appliances (both integrated and free standing) are included in the sale. Furniture can be included. No warranties or guarantees will be provided.

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. By submitting an offer for acceptance, you agree to this condition and are happy for DJ Alexander to contact you for these purposes.

EPC: C
Council Tax: B - £1550.95 inclusive of water and sewage* (*based on 2023/2024 tax year) - The City of Edinburgh Council
Tenure: Freehold
Electricity Supply: Mains connection – electric meter and consumer unit located within the hallway
Water Supply: Scottish Water
Sewerage: Scottish Water
Heating: Mains gas - boiler and radiators
Broadband: 1000 MBPS (Potential download speed)
Mobile Signal/Coverage: Full 4G and potential 5G outdoor coverage
Parking: On street permit and pay-and-display parking is available on surrounding streets under zone N8 (Permits obtained upon application to The City of Edinburgh Council and payment of fees)
Factor: There is no building factor associated with this property
All statements contained herein are believed to be correct but are not guaranteed and interested parties must satisfy themselves as to their accuracy.