On Market
Superb Central Edinburgh Investment Opportunity
Guide Price £1,100,000
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Description
Superb Central Edinburgh Investment OpportunityCurrently setup as one 11 bedroom flat. Needs a further
approx. £35,000 spent on it to make it tip top condition (current going through
renovation).
Can be turned into two 5 bedroom flats simply by moving the stairs to the front
of the property and putting in another doorway.
Landlord is not in a rush to sell.
On the market for offers around £1,160,000
Would suit someone looking to finish renovation and operate as serviced
accommodation (turnover between £150,000pa and £250,000pa depending on how it is
run) with a profit well in excess of £100,000pa. Alternatively can simply rent
long term collectively for £72,000-76,000pa long term or as HMO
Prime location with excellent views of the castle and Arthur’s Seat. Forecasted
superb capital gains.
Just a stone throw away from one of Edinburgh’s
best golf courses
approx. £35,000 spent on it to make it tip top condition (current going through
renovation).
Can be turned into two 5 bedroom flats simply by moving the stairs to the front
of the property and putting in another doorway.
Landlord is not in a rush to sell.
On the market for offers around £1,160,000
Would suit someone looking to finish renovation and operate as serviced
accommodation (turnover between £150,000pa and £250,000pa depending on how it is
run) with a profit well in excess of £100,000pa. Alternatively can simply rent
long term collectively for £72,000-76,000pa long term or as HMO
Prime location with excellent views of the castle and Arthur’s Seat. Forecasted
superb capital gains.
Just a stone throw away from one of Edinburgh’s
best golf courses
Key Features
- Exclusive Property
- Enormous Floorspace
- High Yield Investment
- Duplex
- Eleven Bedrooms
- Four Bathrooms
- One Kitchen
- Development Opportunity
- Excellent Location
- Edinburgh Castle Views
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Exclusive Off-Market Investment Opportunity in Edinburgh
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Lanark Road, Edinburgh, EH13 0NQ