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Guide Price

£115,000

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318 Easter Road, Edinburgh, EH6 8JT

Residential

flat

Vacant

1

bed

1

bath

1

reception

Tax band: B

Freehold

Excellent Development Opportunity

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Description

  • PRIME NEW LISTING. We are excited to present this vacant 1-bed flat located within a prime location in Leith, Edinburgh.

  • **1f1, 300 Easter Road, Edinburgh EH6 8JT previously sold for £210,000 1f1, 314 Easter Road, Edinburgh EH6 8JT previously sold for £197,000.**

  • For those interested in rental investments, properties in this highly sought-after area are currently achieving rental incomes of £1,150-£1,450 per calendar month (£13,800-£17,400 per annum). This represents a great yield potential when compared to the guide price.

  • The property is being sold vacant and requires the completion of some works, making it ideal for buyers looking for a project. A building warrant is already in effect, reference:25/00229/WARR.

  • Situated near a wealth of local amenities, including parks, restaurants, and coffee shops, this property is conveniently located close to schools and offers easy access to public transport.

PRIME NEW LISTING. We are excited to present this vacant 1-bed flat located within a prime location in Leith, Edinburgh.

The property comprises one spacious bedroom, a welcoming living room with a well-equipped kitchen, and a modern bathroom.

For those interested in rental investments, properties in this highly sought-after area are currently achieving rental incomes of £1,150-£1,450 per calendar month (£13,800-£17,400 per annum). This represents a great yield potential when compared to the guide price.

The property is being sold vacant and requires the completion of some works, making it ideal for buyers looking for a project. A building warrant is already in effect, reference:25/00229/WARR.

Situated near a wealth of local amenities, including parks, restaurants, and coffee shops, this property is conveniently located close to schools and offers easy access to public transport.

The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.

Excellent sales evidence in the area:

**1f1, 300 Easter Road, Edinburgh EH6 8JT previously sold for £210,000 1f1, 314 Easter Road, Edinburgh EH6 8JT previously sold for £197,000.**

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.

Location

Leith is a vibrant area in Edinburgh renowned for its rich history, cultural diversity, and a thriving waterfront. With excellent transport links and an abundance of local amenities, Leith offers a unique blend of urban living with a sense of community.

Map

Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£17,500

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Terms of Sale

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.