2 bedroom flat for sale

Located in the heart of Edinburgh’s Old Town, this Victorian third floor, two bedroom apartment constitutes part of a B listed building, just seconds from the Royal Mile.

The property would be an ideal investment for either the short or long-term rental markets.
On the long-term rental market, the property would likely fetch between £1350 & £1450 PCM if well furnished (higher if modernised).
On the short-term rental market, we have been advised by a reputable short-term let specialist that the property could gross in the region of £65k a year if the property were modernised (new kitchen/bathroom/décor), minus management/cleaning/advertising costs. We are happy to provide seasonal estimates if requested.

The property is accessed via a communal stair with lift to the third floor, and is comprised of: Spacious dining sitting room with dual aspect windows and enough space for freestanding living and dining furniture. The kitchen sits off the living area and is well equipped with ample floor and wall mounted storage, tiled splashback and integrated and freestanding appliances. Both bedrooms are of a similar size and benefit from integrated storage cupboards and a lot of room for bedroom furniture. Finally, a bathroom, with three-piece suite and a shower over the bath, completes the property.

The apartment has the additional benefit of an electric heating system, a secure entry system, and on street permit parking.

Edinburgh’s picturesque Old Town is a conservation area situated right at the heart of the city centre, benefiting from the varying and vibrant activities of the Royal Mile as well as being the very epicentre of the famous Edinburgh Fringe festival. Located adjacent to Hunter square, Blair Street is ideally placed for an infinite choice of restaurants, bars, bakeries, specialist shops and tourist attractions. Furthermore, the property is strategically positioned for many of the cultural attractions of Edinburgh’s city centre that include: St Giles Cathedral, Edinburgh Castle, the Royal Museum of Scotland, and the National Library. To the immediate South of the property, Edinburgh’s Cowgate offers the very best of the city’s nightlife, whereas a short journey North leads you to Princes Street, Multrees Walk and the leafy Princess Street Gardens. There are a variety of bus routes that reach almost every part of Edinburgh and Waverley railway station is less than a quarter of a mile distant.

The property is being sold with fitted flooring and integrated appliances. Items of furniture may be available by separate negotiation. No warranties, guarantees or inventory will be provided. Please note some of these images have been virtually staged and this is for illustrative purposes only.

Under the HMRC Anti Money Laundering legislation, all offers to purchase a property on a cash basis or subject to mortgage require evidence of source of funds and required to produce proof of identity and proof of address. This is acceptable either as original or certified documents. By submitting an offer for acceptance, you agree to this condition and are happy for DJ Alexander to contact you for these purposes.

EPC: E
Council Tax: D - £1994.08 inclusive of water and sewage* (*based on 2024/2025 tax year) - The City of Edinburgh Council
Tenure: Freehold
Electricity Supply: Mains connection – electric meter and located within the hallway
Water Supply: Scottish Water
Sewerage: Scottish Water
Heating: No gas supply to the property. heating is electric
Broadband: 12 MBPS (Potential download speed)
Mobile Signal/Coverage: Full 4G and potential 5G outdoor coverage
Parking: On street permit and pay-and-display parking is available on surrounding streets under zone 3 (Permits obtained upon application to The City of Edinburgh Council and payment of fees)
Factor: James Gibb at an approximate cost of £165 per quarter
All statements contained herein are believed to be correct but are not guaranteed and interested parties must satisfy themselves as to their accuracy.