13 (1F1) Bank Street, Edinburgh, EH1 2LN

3 Bed Flat - First Floor with 1 Reception Room

Sale history

£234,150 in February 2015

The property

An excellent City Centre home or INVESTMENT OPPORTUNITY is available with this good sized 3 Bedroom, 1st Floor Flat forming part of a handsome listed stone tenement building pleasantly located in the historic Old Town, close to Edinburgh University and all local amenities that Edinburgh has to offer. Positioned at the top of The Mound just off the Royal Mile, the property was previously used for Holiday Lets and the flat would make an ideal HMO Buy to Let Investment for students attending Edinburgh University with a potential rental income of £1,250/pcm, offering a potential annual rental yield of around 6.6%. Having been freshly decorated throughout, the property is entered by way of secure entryphone system and opens to the long Reception Hall, convenient in layout with all rooms located off. The flat has useful storage facilities with many storage cupboards throughout and comprises: Split-Level Lounge/ Dining Area, Fitted Kitchen with Appliances included, Three Bedrooms , all with Built-In Wardrobes and Shower Room. The property benefits further from Electric Heating, Restricted On-Street Parking and Residents Permit Parking and an excellent City Centre Location. The property would make an ideal purchase as a Buy to Let Investment for short-term Holiday Lets and Student Rentals. Home Report Value - £240,000 - EPC Band: E

Energy rating E

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