Serviced Apartments for sale on George IV Bridge, Edinburgh, EH1
- SIZE
- 3,380 sq. ft.
(314 sq. m.)
- TENURE
- Freehold
Key features
- Serviced Apartments
Property description
12 George IV Bridge is an exceptional opportunity to acquire a collection of 7 consented serviced apartments located within the heart of the Old Town in Edinburgh City Centre. There are six studio apartments and a two bedroom apartment with forecasted completion in June 2024.
This property to be renovated to a high specification by Blagden Property, presents a unique investment opportunity for the discerning investor, appealing greatly to the central Edinburgh holiday rental market.
The apartments are all self catering, benefiting from large Victorian windows and excellent light as well as views over George IV Bridge to the front and Edinburgh Castle and the Grassmarket to the rear. This central location provides an investment opportunity that returns an attractive yield all year round. These properties have been created to provide compact, contemporary and individual spaces in a wonderfully located position in the heart of Edinburgh's Old Town, providing a sought-after property asset for now and into the future. Forecasted operating incomes, costs and yields produced by Destiny Scotland available upon request.
Situated in the heart of Edinburgh's medieval Old Town, this is a superb location for taking advantage of all of Edinburgh's most renowned cultural activities including Edinburgh Castle, The Military Tattoo, National Museum of Scotland, Edinburgh Festival and the Hogmanay festivities. George IV Bridge was formed in the early 1800's as part of Thomas Hamilton's plan for the new Southern and Western approaches to the city. The Georgian New Town which includes the shopping hubs of Princes Street and George Street and the city's numerous art galleries are a short distance away. The amazing location means that one is always on the doorstep of the city's entertainment
opportunities, with a fantastic choice of bars and restaurants in the vicinity.
Edinburgh attracts an abundance of visitors all year round due to its culture, beauty and business hubs. In particular, during the Edinburgh Festival in the Summer months, these apartments are the perfect base for easy access to all the major venues and just a minutes' walk from the Royal Mile – the festival's epicenter. There is
plenty of walking opportunities nearby in The Meadows and Holyrood Park.
Whether you are travelling by train or plane, arriving is simple. Edinburgh International Airport is approximately
8 miles away and Waverley Station is a very short stroll providing links to London and Glasgow. A more central location for such an apart hotel investment simply cannot be found.
Brochures
More DetailsGeorge IV Bridge - BCouncil TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Serviced Apartments for sale on George IV Bridge, Edinburgh, EH1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Edinburgh Waverley Station0.3 miles
- Haymarket Station1.0 miles
- Slateford Station2.5 miles
About the agent
Knight Frank is the leading independent, global real estate consultancy providing an integrated prime commercial and residential offering, operating in key hubs across the globe.
Headquartered in London with 244 offices, employing more than 7,067 professionals and spanning five continents, Knight Frank provides the highest standards of quality and integrity in global residential and commercial property advisory services. Our reputation for uncompromising professionalism in everything we
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