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One-bedroom flat in Bonnington area of Edinburgh
Edinburgh, EH6 - Get Access
1 bed
1 bath
Description
This is a first-floor, one-bedroom flat located in the popular Bonnington area of Edinburgh. The property benefits from double glazing and gas central heating and is situated within a traditional tenement building. Bonnington offers an excellent range of local amenities including shops, bars, cafes, and restaurants on nearby Trinity, Ferry Road, and Newhaven. Regular bus services are available nearby, and the Water of Leith walkway provides access to The Shore and Canonmills, with the Botanic Gardens and Stockbridge approximately a 25-minute walk away. Victoria Quay and Ocean Terminal shopping/leisure centre are also easily accessible. The accommodation comprises an entrance hall with a storage cupboard. The open-plan lounge/kitchen features a window to the front and is fitted with base and wall units; the cooker, fridge, and washing machine are to remain. The double bedroom, also to the front, has a fitted wardrobe and a storage cupboard. A separate WC with a two-piece suite and a shower room complete the interior. Externally, there is a shared garden area to the rear. The property is described as being in excellent walk-in condition and presents a high-yielding buy-to-let investment opportunity, with a realistic achievable rent of up to £1050pcm, offering a yield of approximately 11% if sold at the guide price. Local sales evidence includes: 66 2f3, Pitt Street, sold for £190,000 in Dec 2023; 74/2, Pitt Street, sold for £206,000 in Jun 2023; and 78, Bf1, Pitt Street, sold for £190,000 in Aug 2022. This property is offered as a superb investment property and is reduced for a quick auction sale.
Comparable sales
No comparables available.
Estimated market value
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Range:
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High confidence
Floor Area Estimated: 500 sq ft
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