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Hill Street, Edinburgh, EH2

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

638 sq ft

59 sq m

TENURE
Describes 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

  • 1 bedroom
  • 1 reception room
  • 1 bathroom
  • Lateral

Description

This stylish ground floor apartment offers a hands-off investment opportunity in the heart of Edinburgh's New Town. With established short let performance and full management in place via Destiny Scotland, the apartment produced a net annual income of £26,000 for 2024/25, equating to a net yield of approximately 7.76% based on the current asking price.

Local Authority: The City of Edinburgh Council
Rateable Value: £8,000 per annum. Owner could qualify for rates relief, subject to processional advice.
Tenure: Freehold
Net Investment Yield: 7.76%
Service Charge: Included within managed service

Located within the exclusive Hill Street Apartments, this one-bedroom property is accessed directly from the main communal entrance and sits at ground level.

The apartment is immaculately presented with high-quality finishes throughout. The open-plan living, kitchen, and dining space is bright and well-proportioned, retaining attractive period features and benefiting from large sash-and-case windows. The kitchen is fully equipped with Siemens appliances, including an integrated fridge, dishwasher, washer/dryer, and induction hob, complemented by Silestone worktops.

The spacious double bedroom includes built-in storage, and the contemporary shower room is finished to a high standard with a large walk-in shower, rain-effect shower head, heated towel rail, and stylish fixtures.

Additional features include hand-scraped oak flooring, upgraded energy-efficient windows, and Nest-controlled heating.

This turn-key apartment offers strong short-let returns in a high-demand location, making it an excellent investment opportunity.

Management
The building is fully managed by Destiny Scotland. Further details available upon request.

Services
Mains water, gas, electricity, and drainage. Heating is controlled remotely via Nest.


Hill Street is ideally positioned within Edinburgh's historic New Town, just moments from both Charlotte Square and St Andrew Square. The city's best shopping, dining, and cultural attractions are within walking distance, including George Street, Multrees Walk, the St James Quarter, and Princes Street. Nearby green spaces and landmarks include the Royal Botanic Garden, Water of Leith Walkway, and Edinburgh Castle.

Brochures

More DetailsBrochure - 5-1 Hill
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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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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.
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Hill Street, Edinburgh, EH2

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About Knight Frank, Edinburgh

80 Queen Street, Edinburgh, EH2 4NF
Industry affiliations:

We are passionate about property. Our foundations are built on supporting clients in one of the most significant decisions they’ll make in their lifetime. As your partners in property, we act with integrity and are here to help you achieve the very best price for your home in the quickest possible time. We offer a range of services for your property requirements. If you are selling, buying or letting a home, or you need some frank advice and insight on the current property market from our team, please get in touch. We’d love to hear from you.

Why Knight Frank

One of the oldest property agencies with offices across the country, our unique Partnership structure allows us to put clients at the heart of what we do.

Track record

Clients come back to us again and again. We are renowned for marketing the best property around the world and sell the majority of properties available over £5 million.

Technology

We constantly drive innovation in marketing property, from our multi-lingual global search to our truly global app for iPad and iPhone.

Research

We lead the field in understanding key drivers of the residential property market, helping you to sell or let your property in the best way possible.

Global, national and local reach

Through our global network of 370 offices we match clients to properties in the UK and around the world.

Multi-lingual property search

Multi-lingual global search and ability to view property details in over 24 languages, including Mandarin and Russian.

World-class marketing campaigns

Advertising in glossy magazines, portals, and prime property websites across the globe.

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Years
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Monthly repayments
£1,597
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Disclaimer - Property reference EBR012525799. 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 Knight Frank, Edinburgh. 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.

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