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Total views: 2500+
Floorplan
MapOffers in excess of
£335,0001 bedroom flat for sale
Hill Street, Edinburgh, EH2
Featured
Sold STC
Energy-efficient
Flat
1 bed
1 bath
638
Key information
Tenure: Freehold
Council tax: Ask agent
Features and description
- 1 bedroom
- 1 reception room
- 1 bathroom
This stylish ground floor apartment offers a hands-off investment opportunity in the heart of Edinburgh’s New Town. With established short let performance and full management in place via Destiny Scotland, the apartment produced a net annual income of £26,000 for 2024/25, equating to a net yield of approximately 7.76% based on the current asking price.
Local Authority: The City of Edinburgh Council
Rateable Value: £8,000 per annum. Owner could qualify for rates relief, subject to processional advice.
Tenure: Freehold
Net Investment Yield: 7.76%
Service Charge: Included within managed service
Located within the exclusive Hill Street Apartments, this one-bedroom property is accessed directly from the main communal entrance and sits at ground level.
The apartment is immaculately presented with high-quality finishes throughout. The open-plan living, kitchen, and dining space is bright and well-proportioned, retaining attractive period features and benefiting from large sash-and-case windows. The kitchen is fully equipped with Siemens appliances, including an integrated fridge, dishwasher, washer/dryer, and induction hob, complemented by Silestone worktops.
The spacious double bedroom includes built-in storage, and the contemporary shower room is finished to a high standard with a large walk-in shower, rain-effect shower head, heated towel rail, and stylish fixtures.
Additional features include hand-scraped oak flooring, upgraded energy-efficient windows, and Nest-controlled heating.
This turn-key apartment offers strong short-let returns in a high-demand location, making it an excellent investment opportunity.
Management
The building is fully managed by Destiny Scotland. Further details available upon request.
Local Authority: The City of Edinburgh Council
Rateable Value: £8,000 per annum. Owner could qualify for rates relief, subject to processional advice.
Tenure: Freehold
Net Investment Yield: 7.76%
Service Charge: Included within managed service
Located within the exclusive Hill Street Apartments, this one-bedroom property is accessed directly from the main communal entrance and sits at ground level.
The apartment is immaculately presented with high-quality finishes throughout. The open-plan living, kitchen, and dining space is bright and well-proportioned, retaining attractive period features and benefiting from large sash-and-case windows. The kitchen is fully equipped with Siemens appliances, including an integrated fridge, dishwasher, washer/dryer, and induction hob, complemented by Silestone worktops.
The spacious double bedroom includes built-in storage, and the contemporary shower room is finished to a high standard with a large walk-in shower, rain-effect shower head, heated towel rail, and stylish fixtures.
Additional features include hand-scraped oak flooring, upgraded energy-efficient windows, and Nest-controlled heating.
This turn-key apartment offers strong short-let returns in a high-demand location, making it an excellent investment opportunity.
Management
The building is fully managed by Destiny Scotland. Further details available upon request.
Hill Street is ideally positioned within Edinburgh’s historic New Town, just moments from both Charlotte Square and St Andrew Square. The city’s best shopping, dining, and cultural attractions are within walking distance, including George Street, Multrees Walk, the St James Quarter, and Princes Street. Nearby green spaces and landmarks include the Royal Botanic Garden, Water of Leith Walkway, and Edinburgh Castle.
Property information from this agent
About this agent
The Knight Frank Edinburgh office handles residential property for sale in the City of Edinburgh and throughout rural Scotland. We have a wealth of experience in dealing with the sale of properties in Edinburgh’s New Town (EH3), Murrayfield (EH12) and the south side of the city (EH9 & EH10). In rural Scotland, we have a great presence in Perthshire, the Lothians, Fife, the Scottish Borders, Argyll and Angus. Our experienced team of estate agents in Edinburgh offer some of the most sought after houses, flats, estates and farms for sale in Scotland. Our Edinburgh city team have a strong track record for the sale of houses and flats throughout the city, notably properties for sale in New Town, Murrayfield and the south side of Edinburgh. Throughout wider Scotland, our country houses, farms and estates team have overseen some of the most prestigious sales in the country, offering properties for sale in East Lothian, West Lothian, Fife, Perthshire, Stirlingshire, the Scottish Borders, Northumberland, Cumbria, Argyll, Lanarkshire, Dumfries & Galloway, Inverness-shire and the Highlands.
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