No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£725,000
Added > 14 days

8 bedroom property for sale

Albert place, Edinburgh EH7
Auction
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Property
8 bed
8 bath

Key information

Tenure: Freehold
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Tenure: Freehold
  • Prime Property Auctions is excited to present an exceptional commercial investment opportunity within a prime location in Edinburgh Guide Price £725,000
  • This property offers a hassle free, long term investment with a secure 25 year lease, making it an attractive prospect for commercial property investors. *GUARANTEED RENT*
  • The property boasts seven en suite rooms and a dedicated laundry room. Each room is equipped with modern amenities, including Wi Fi, a flat screen TV, a mini bar, tea and coffee making facilities, and
  • The Property is currently achieving £60,000 p/a, which provides an annual yield of 8% based on a guide price of £725,000, making it a great opportunity for shrewd investors looking for an excellent
  • Rare opportunity to purchase a popular hotel in the heart of Edinburgh *PRIME LOCATION*

  •  Prime Property Auctions is excited to present an exceptional commercial investment opportunity within a prime location in Edinburgh - Guide Price £725,000


  • This property offers a hassle-free, long-term investment with a secure 25-year lease, making it an attractive prospect for commercial property investors.


  • The property boasts seven en-suite rooms and a dedicated laundry room. Each room is equipped with modern amenities, including WiFi, a flat-screen TV, a mini-bar, tea and coffee making facilities, and ironing facilities.


  • The Property is currently achieving £60,000 p/a, which provides an annual yield of 8% based on a guide price of £725,000, making it a great opportunity for shrewd investors looking for an excellent yield with long term lease security. 


  • Rare opportunity to purchase a popular hotel in the heart of Edinburgh - *PRIME LOCATION* 

Prime Property Auctions is excited to present an exceptional commercial investment opportunity within a prime location in Edinburgh - Guide Price £850,000

Property Comprises: Ground floor: Entrance hall leading to three spacious en-suite rooms. First floor: Three additional en-suite rooms, Two double rooms which can be combined to create a flexible family suite and dedicated laundry room.

 

This purpose-built, two-story detached property ensures convenience and security with its modern electronic/keypad door entry system. Featuring seven thoughtfully designed en-suite rooms and a practical laundry room, the property is geared for both comfort and functionality.

Each room is well-equipped with essential amenities, including high-speed WiFi, flat-screen TVs, a stocked mini-bar, and convenient tea and coffee making facilities, along with ironing amenities for added convenience.

This property offers a hassle-free, long-term investment with a secure 25-year lease, making it an attractive prospect for commercial property investors. 

 

The Property is currently achieving £60,000 p/a, which provides an annual yield of 8% based on a guide price of £725,000, making it a great opportunity for shrewd investors looking for an excellent yield with long term lease security. *GUARANTEED RENT*

 

Rare opportunity to purchase a popular hotel in the heart of Edinburgh - *PRIME LOCATION* 

 

Property is due to go to auction for our upcoming timed online event. Be sure to register to not miss out. Should you wish to make an immediate offer you can do so. Please contact the team to discuss how to make an offer today.

 

Location:

 

Edinburgh, Scotland's capital, encompasses diverse neighbourhoods, each with its distinctive charm. The historic Old Town boasts iconic landmarks like Edinburgh Castle, while the neoclassical New Town offers high-end shopping along Princes Street. Leith, a vibrant port district, features trendy bars and the Royal Yacht Britannia. Stockbridge, known for its affluence, hosts boutique shops and the popular Stockbridge Market. Haymarket serves as a transport hub with commercial and residential spaces. Southside, encompassing Marchmont and Newington, is close to the University of Edinburgh and the Meadows park. Portobello offers a seaside escape with a sandy beach, while Cramond provides coastal tranquillity with historic significance. From the quaint streets of Corstorphine to the historic charm of the Southside, each area contributes to Edinburgh's rich tapestry of history, culture, and modern living.

 

Places of interest

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    *DISCLAIMER

    Property reference 198248326. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Prime Property Auctions - Glasgow.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on April 11, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on April 11, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.