Studio apartment for sale1F2B, 3 Rutland Square, Edinburgh, Midlothian, EH1
Under Offer £155,000
- Well-presented studio apartment
- Sought after location in the heart of the West End
- City centre amenities on the doorstep
- Excellent transport links nearby
- Fantastic holiday/business let investment
- Further investment potential
Full descriptionCLOSING DATE SET FOR WEDNESDAY, 16 November 2016 AT 12 NOON.
3 Rutland Square is a substantial Victorian property, part of a terrace forming the northern side of the Square. 1f2B is a self-contained, first floor studio apartment which would have once formed part of a substantial, purpose built flat.
The property is well presented and of good proportion, with a modern fitted kitchen and shower room complimenting the open-plan layout. Apartment B boasts two floor to ceiling windows overlooking the Square, whilst benefiting from a southerly aspect.
Rutland Square is situated in a prime central location in the heart of the West End. The property is within a few minutes' walk from the financial, retail and commercial city centre. Rutland Square enjoys easy access to Haymarket Railway Station and the fashionable, ever-popular West End is host to a wide variety of amenities including bars, shops and boutiques.
The world renowned Princes Street, George Street, Princes Street Gardens, Edinburgh Castle and the Royal Mile are just minutes from the apartments. Local amenities include the Edinburgh Sports Club, Dean Tennis Club and the Modern and Dean Art Galleries.
There are excellent public transport links to all areas of the city, with a tram stop at nearby Shandwick Place providing easy access to Edinburgh International Airport. The city bypass, M8, M9 and M90 motorways are all within easy reach. Edinburgh's financial hub is on the doorstep and home to a number of blue chip companies such as Scottish Widows, Clydesdale Bank, Standard Life, Anderson Strathern Solicitors and KPMG.
The apartment is currently set up as self-contained holiday let and we understand that an income in the region of £10,000 per annum has been achieved for the last 5 years. There are significant opportunities to grow the investment return, with the close proximity to the financial hub, along with the busy festival and festive periods in Edinburgh offering potential to expand upon the offerings of the apartment.
EPC Rating = F
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