Offers Over £250,000

2 bed flat for sale in New Town

12 Young Street South Lane, New Town, EH2 4JF
2
1
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ESPC Chartered Firm
Energy Rating D
Tenure Freehold
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Welcome to Young Street South Lane, where historic charm meets modern living in the heart of Edinburgh’s New Town. Nestled within this sought-after locale, we present a delightful two-bedroom mews style flat that seamlessly blends classic elegance with contemporary convenience. The property is ideal for personal use, or a lurcrative investment, fetching £2,000pcm through short term lets. As you enter this charming residence, you are greeted by a bright and inviting open living room, illuminated by natural light that streams in through well-appointed windows. The spacious living area provides a versatile space, perfect for entertaining guests or simply unwinding after a day exploring the vibrant city. The well-equipped kitchen is a culinary haven, featuring a gas hob for precision cooking, a practical fridge freezer, and a convenient washing machine. The main bedroom is generously proportioned, offering a comfortable sanctuary for relaxation. The single second bedroom, adaptable in function, can serve as a cosy sleeping space or be transformed into a productive home office, catering to the diverse needs of its residents. Completing the internal ensemble is the tastefully appointed bathroom, featuring a shower over the bath, a wash hand basin, and a WC. Please note that the property does not have access to the garage underneath, parking permits are available from Edinburgh City Council for residential parking. Alternatively, there is plenty of paid meter parking within walking distance. As owner of the property, you will be entitled to exclusive use of Queen Street Gardens West.

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New Town, Edinburgh City Centre at a glance*

  • Average selling price

    £424,591

  • Median time to sell

    39 days

  • Average % of Home Report achieved

    99.3%

  • Most popular property type

    2 bedroom flat

To find out more about the local market, contact McEwan Fraser Legal today.
* Figures are based on properties marketed and sold through ESPC. Home Report valuations relate to properties where the Home Report was available on espc.com. Figures relate to the 6 month period ending on 29/02/2024

What will my monthly repayments be?

Repayment: £0
Interest only: £0

How much can I borrow?

You May Borrow: £0
* School catchment data is provided for information purposes only and ESPC UK Ltd does not accept any responsibility for the accuracy or completeness of the data. You should always contact the local authority responsible for the provision of education in a property's location, and more information on particular school catchment areas can be found via the links here.