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Studio flat for sale
Edinburgh Investment Opportunity, Edinburgh, Midlothian
- 60 income producing apartments
- Annual income of over Â£540,000
- ERP in excess of Â£12m
- Effectively 100% let
- High specification
Granton and Western Harbour lie on the southern shore of the Firth of Forth, 3 miles from Edinburgh City Centre and 2 miles to the east of the thriving Shore area of Leith, the Capital's rejuvenated port.
Platinum Point at Western Harbour and Anchor at Granton Marina are located in prime positions along Edinburgh's Waterfront. The area boasts major employers including the Scottish Executive and Telford College.
Existing amenities are abundant in Leith which, is home to Ocean Terminal Shopping Centre along with the Royal Yacht Britannia museum, David Lloyd sports centre, a multi-screen cinema and a plethora of bars, bistros and restaurants. A new ASDA supermarket is located within 5 minutes of both locations.
Furthermore, there are two local yacht clubs; with the Royal Forth Yacht Club being immediately adjacent to the Anchor apartments.
Platinum Point is a high-spec development of 245 flats in 50 different styles. The development is designed around a stunning courtyard with leafy hedging and established trees. With its balconies and floor-to-ceiling windows, Platinum Point has become a recognised landmark in this part of the City's Waterfront.
Anchor at Granton has 135 apartments in 66 different styles, with gardens, balconies or roof terracing, all within a courtyard design. The ground floor properties are actually on first floor level, as the building is raised to accommodate the underground private car parking. There are a variety of single and dual aspect designs.
The subjects constitute 60 apartments in total. Anchor consists of 29 apartments within 2 stairs, all of which are 2 bed flats. Platinum Point consists of 31 apartments which comprise the entire stair at block 7 with the remaining 3 in block 5. They consist of 27 two bed apartments and 4 three bed apartments.
Each block has stair and lift access. Every apartment has a parking space within a secure underground car park. Every apartment owner has access to communal courtyard areas. A factor is appointed to maintain communal areas and to manage common buildings insurance.
Heating is provided by way of a space saving, gas-fired, under-floor central heating system upon which either laminate or wood flooring throughout is complemented with fitted luxury carpets in the
The kitchens and bathrooms have built-in appliances, the windows and sliding patio doors are high performance UPVC or aluminium and all apartments have videophone security entry systems.