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Guide Price
£70,000 Guide Price

29 Newtoft Street, Edinburgh, EH17 8RF

212921267

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4

days

7

hours

32

minutes

7

seconds

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4

days

7

hours

32

minutes

7

seconds

Type

Flat

Ownership

Freehold

Occupation

Occupied

Bedrooms

1

Council Tax

Band: A
Home Report
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Legal Pack
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Rare Residential Opportunity

Details

Property Summary

  • New Prime Entry! We are excited to present this Rare Opportunity. This 1 bedroom flat is located in a sought after area of Edinburgh ***home report £110,000***

 
  • ***25, Newtoft Street, Edinburgh, Midlothian EH17 8RF sold for £128,177, 56, Drum Street, Edinburgh, Mid EH17 8RN sold for £140,000***

 
  • Property currently achieving £500 PCM, £6000 PA. For rental purposes, demand in the area is asking for £900- £1000 which would provide an exceptional gross yield of 11.3-12.6%  based on a guide price.

 
  • Sure to appeal to homeowners looking for a fantastic new home or to shrewd investors looking for an easily lettable property in a sought after location.

 
  • The property is located near a whole host of local amenities including restaurants and coffee shops, close to schools with public transport easily accessible nearby.

 

New Prime Entry! We are excited to present this Rare Opportunity. This 1 bedroom flat is located in a sought after area of Edinburgh ***home report £110,000***

 

Property comprises: Entrance hallway, 1 bedroom, living room, kitchen, bathroom,  and box room for storage. 

 

Sales Evidence: 

 

***25, Newtoft Street, Edinburgh, Midlothian EH17 8RF sold for £128,177, 56, Drum Street, Edinburgh, Mid EH17 8RN sold for £140,000***

 

Property currently achieving £500 PCM, £6000 PA. For rental purposes, demand in the area is asking for £900- £1000 which would provide an exceptional gross yield of 11.3-12.6%  based on a guide price.

 

Sure to appeal to homeowners looking for a fantastic new home or to shrewd investors looking for an easily lettable property in a sought after location.

 

The property is located near a whole host of local amenities including restaurants and coffee shops, close to schools with public transport easily accessible nearby.

 

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.

 

 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.

 

The property is located near a whole host of local amenities including restaurants and coffee shops, close to schools with public transport easily accessible nearby.

 

Location: 

 

Edinburgh, Scotland's capital city, presents outstanding investment opportunities driven by its global reputation, robust economy, and ongoing development initiatives. As a UNESCO World Heritage Site and one of Europe’s most vibrant capitals, Edinburgh combines historical charm with a modern, dynamic business environment. The city is a financial powerhouse, home to leading financial institutions and a rapidly growing tech sector, supported by a highly skilled workforce from world-class universities. Tourism also thrives, with iconic landmarks like Edinburgh Castle and the annual Edinburgh Festivals drawing millions of visitors annually. Excellent transport links, including Edinburgh Airport, rail connections, and tram networks, further enhance its accessibility.
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All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.

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Property Features

  • New Prime Entry! We are excited to present this Rare Opportunity. This 1 bedroom flat is located in a sought after area of Edinburgh ***home report £110,000***
  • ***25, Newtoft Street, Edinburgh, Midlothian EH17 8RF sold for £128,177, 56, Drum Street, Edinburgh, Mid EH17 8RN sold for £140,000***
  • Property currently achieving £500 PCM, £6000 PA. For rental purposes, demand in the area is asking for £900- £1000 which would provide an exceptional gross yield of 11.3-12.6% based on a guide price.
  • Sure to appeal to homeowners looking for a fantastic new home or to shrewd investors looking for an easily lettable property in a sought after location.
  • The property is located near a whole host of local amenities including restaurants and coffee shops, close to schools with public transport easily accessible nearby.

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