150a Lower Granton Road, Edinburgh, EH5 1EY
- PROPERTY TYPE
Duplex
- BEDROOMS
4
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Prime Property Auctions is excited to bring to market this stunning four-bedroom, duplex apartment located within a sought Edinburgh. ***Home Report of £315,000 / Guide of £275,000***
- ***171 Flat 13, Lower Granton Road, Edinburgh, Midlothian EH5 1EY sold for £375,000, 152, Lower Granton Road, Edinburgh, Midlothian EH5 1EY sold for £375,000,173 Flat 12, Lower Granton Road, Edinbu
- If run as an airbnb, property could command a nightly rate of £140 per night which would generate a monthly income of £3406/month based on 80% occupancy (subject to gaining necessary planning permi
- This property has the potential to be used for serviced accommodation, subject to necessary consents, with similar properties achieving a rate upwards of £100 per night ***HIGH YIELD POTENTIAL***
- Property is located near a whole host of local amenities including shops and restaurants, with local schools nearby and easy access to the city centre
Description
- Prime Property Auctions is excited to bring to market this stunning four-bedroom, duplex apartment located within a sought after Edinburgh address. ***Home Report of £315,000 / Guide of £275,000***
- ***171 Flat 13, Lower Granton Road, Edinburgh, Midlothian EH5 1EY sold for £375,000, 152, Lower Granton Road, Edinburgh, Midlothian EH5 1EY sold for £375,000,173 Flat 12, Lower Granton Road, Edinburgh, Midlothian EH5 1GL sold for £364,500***
- If run as an airbnb, property could command a nightly rate of £140 per night which would generate a monthly income of £3406/month based on 80% occupancy (subject to gaining necessary planning permission).
- This property has the potential to be used for serviced accommodation, subject to necessary consents, with similar properties achieving a rate upwards of £100 per night ***HIGH YIELD POTENTIAL***
- Property is located near a whole host of local amenities including shops and restaurants, with local schools nearby and easy access to the city centre
Prime Property Auctions is excited to bring to market this stunning four-bedroom, duplex apartment located within a sought after Edinburgh address. ***Home Report of £315,000 / Guide of £275,000***
Property Comprises:
Ground floor; Entrance vestibule, hallway, two bedrooms, shower room and ample storage. First Floor; Hall landing, living-room, kitchen, master bedroom with En-suite shower-room and bedroom
Sales Evidence:
***171 Flat 13, Lower Granton Road, Edinburgh, Midlothian EH5 1EY sold for £375,000, 152, Lower Granton Road, Edinburgh, Midlothian EH5 1EY sold for £375,000,173 Flat 12, Lower Granton Road, Edinburgh, Midlothian EH5 1GL sold for £364,500***
If run as an airbnb, property could command a nightly rate of £140 per night which would generate a monthly income of £3406/month based on 80% occupancy (subject to gaining necessary planning permission).
Property is located near a whole host of local amenities including shops and restaurants, with local schools nearby and easy access to the city centre
For rental purposes, the property could attract a monthly rent of £1650- £1875 PCM, £19,800- £22,500 PA which would provide an excellent gross yield of between 7.2% - 8.1% based on a guide price of £275,000.
The local areas have seen some great sales recently showing that there is strong demand recently.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
Potentially high yielding investment property.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
This property has the potential to be used for serviced accommodation, subject to necessary consents, with similar properties achieving a rate upwards of £100 per night ***HIGH YIELD POTENTIAL***
Location:
Edinburgh, Scotland's capital city, offers a prime investment opportunity with its rich cultural heritage, robust economy, and strategic location. Known for its historic and architectural landmarks, the city also boasts diverse sectors including finance, technology, education, and tourism. One of the standout features for investors for this property is the amazing beach views and open sea views from the living area space, providing a unique selling point for residential developments.
The city's excellent transport links and proximity to major financial centers make it an attractive destination for businesses and residents alike. Investors can capitalise on Edinburgh's expanding property market, urban regeneration projects, and cultural initiatives to drive economic growth. Additionally, the city's vibrant arts scene, renowned universities, and abundant green spaces create opportunities for leisure and tourism ventures. Investing in Edinburgh promises both significant financial returns and the chance to contribute to the ongoing prosperity and vibrancy of this historic yet forward-looking city in Scotland.
- COUNCIL 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.
- Band: E
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
150a Lower Granton Road, Edinburgh, EH5 1EY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Edinburgh Waverley Station2.3 miles
- Haymarket Station2.4 miles
- Slateford Station3.8 miles
About the agent
Prime Property Auctions (Scotland) Ltd, Glasgow
126 West Regent Street, Glasgow, G2 2RQ
Prime Property Auctions is an experienced Property Auction Company, Specialising in Investment Property across Scotland. We can help sell your property be it Residential, Commercial or Land. We have cash buyers looking to buy all property types in any condition, offering a Fast Sale Process.
Each Auction offers a variety of properties. Properties are accepted from one of landlord to Private disposals and Corporate Vendors. We are here to help all potential clients. Auctions are a great
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 206237231. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions (Scotland) Ltd, Glasgow. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Prime Property Auctions (Scotland) Ltd, Glasgow on 0141 465 5880.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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