£180,000 Opening Bid

GF/1, 218 Dalry Road, Edinburgh, EH11 2ES

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Rare Residential Opportunity

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Type

Ownership

Occupation

Bedrooms

2

Council Tax

Band: C
Home Report
Rare Residential Opportunity

Details

Property Summary




    • Prime Property Auctions is excited to present a Beautiful Flat 2 Bedroom Flat located in popular location of Dalry in Edinburgh. *** HOME REPORT £230,000 ***
       

    • *** 218, Dalry Road, Edinburgh, Midlothian EH11 2ES previously sold for £270,000 in June 2022, 196, Dalry Road, Edinburgh, Midlothian EH11 2ES previously sold for £270,000 in October 2021 *** 


     

    • Property is currently tenanted at £1195 per calendar month, achieving an annual income of £14,340.
       

    • Property rental potential of £1,400/month, providing an exceptional investment opportunity for a shrewd investor. This would give the property an excellent 9.1% yield based on a Guide Price of £185,000 - PRICED TO SELL. 


     

    • Sure to appeal to buy to let investor looking for a great turnkey opportunity – EXCELLENT INVESTMENT OPPORTUNITY. 


     

     

    Prime Property Auctions is excited to present a Beautiful Flat 2 Bedroom Flat located in popular location of Dalry in Edinburgh. *** HOME REPORT £230,000 ***

    Property comprises a 2 Bedroom ground floor flat. The spacious accommodation allows for fantastic socialising space with the large and kitchen. Completing the accommodation are two double bedrooms and a well-equipped bathroom.

    Property rental potential of £1,400/month, providing an exceptional investment opportunity for a shrewd investor. This would give the property an excellent 9.1% Yield based on a Guide Price of £185,000 - PRICED TO SELL.

    Property benefits from being mostly Double Glazing which helps with energy efficiency.  Please note that the property has a Notice of Potential Liability.

     

    The property is offered at a DISCOUNT to ensure a fast sale at auction. There is fantastic sales evidence with similar properties selling for much higher:

    *** 218, Dalry Road, Edinburgh, Midlothian EH11 2ES previously sold for £270,000 in June 2022, 196, Dalry Road, Edinburgh, Midlothian EH11 2ES previously sold for £270,000 in October 2021 ***

    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:

    Dalry is a vibrant residential area located in the west end of Edinburgh, the capital city of Scotland. It is situated just to the southwest of the city center and is bordered by Haymarket to the northeast, Gorgie to the west, and Fountainbridge to the southeast.

    Dalry is a bustling neighbourhood with a mix of residential and commercial properties. The main thoroughfare through the area is Dalry Road, which is lined with a variety of shops, restaurants, cafes, and bars. The area also has several parks and green spaces, including Dalry Primary School Playground, Roseburn Park, and the Union Canal.

    One of the distinctive features of Dalry is its impressive Victorian architecture. Many of the buildings in the area date back to the late 19th century and early 20th century, and include impressive tenements, townhouses, and churches. The area is also home to several notable landmarks, including the Dalry Cemetery and the Dalry House.

    Dalry is well-connected to the rest of the city, with excellent public transport links. Haymarket train station, which is one of the busiest stations in Edinburgh, is located just to the northeast of the area. The area is also served by several bus routes, which provide easy access to the city centre and other parts of Edinburgh. 

Location

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.

Virtual Tours

Property Features

  • Prime Property Auctions is excited to present a Beautiful Flat 2 Bedroom Flat located in popular location of Dalry in Edinburgh. *** HOME REPORT £230,000 *** 
  • *** 218, Dalry Road, Edinburgh, Midlothian EH11 2ES previously sold for £270,000 in June 2022, 196, Dalry Road, Edinburgh, Midlothian EH11 2ES previously sold for £270,000 in October 2021 *** 
  • Property is currently tenanted at £1195 per calendar month, achieving an annual income of £14,340.
  • Property rental potential of £1,400/month, providing an exceptional investment opportunity for a shrewd investor. This would give the property an excellent 9.1% yield based on a Guide Price of £185,000 - PRICED TO SELL. 
  • Sure to appeal to buy to let investor looking for a great turnkey opportunity – EXCELLENT INVESTMENT OPPORTUNITY. 

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