Under Offer
Fixed Price £349,950
Under Offer

2 bed first floor flat for sale in Fountainbridge

3/4 Lower Gilmore Bank, Fountainbridge, EH3 9QP
2
2
1
Total Floor Area 75m²
Council Tax Band E
Energy Rating C
Tenure Freehold
Watchlist

*** REDUCED PRICE FOR QUICK SALE £20,000 Below Home Report Value!! This is a fabulous FIRST FLOOR APARTMENT, within the stylish modern development of Edinburgh Quay 2, completed some years ago. It enjoys a PRIME CANALSIDE LOCATION looking right out to the Union Canal basin. Hall; Open Plan Living/Dining room/ Kitchen (Balcony); Master Bedroom with en-suite shower room; Further Double Bedroom; & Bathroom. Gas CH, Double Glazing; UNDERGROUND PARKING. Lower Gilmore Bank occupies a prime city centre location on the South Bank of the Union Canal basin. Originally known as Port Hamilton, it was indeed a busy inland port, primarily transporting coal on barges along the canal. Today, it is an exciting burgeoning regeneration "hot-spot" set literally in the shadows of Edinburgh Castle and part of Edinburgh's fashionable financial quarter. As it is slap bang in the centre, residents' are lucky to have all the Capital's city centre attractions within strolling distance. Practical amenities such as corner shops and "metro" supermarkets are plentiful and whilst most locals walk to their place of work, buses are many and Haymarket Rail Station is just 10 mins' walk. The immediate surrounding vicinity has seen tremendous redevelopment in recent times and on-going investment is evident showing both residential & commercial projects underway again following the "quiet" post 2008. Shrewd buyers whether seeking blue-chip letting investments or a contemporary owner-occupier lifestyle, are now buying into this hugely appealing neighbourhood. On the First Floor of this imposing block and overlooking the Canal, this is a stylish contemporary Apartment of significant appeal. The Open Plan Living/Dining/Kitchen is special and enjoys door access onto a Balcony looking out to the Canal. There is obvious scope for purchasers to really go to town and enhance the interior decor taking it to the next level. This would undoubtedly add value to the property. There are several new developments around the city just now and their prices reflect the fact that they are brand new. It would be fair to say that if this apartment was not second hand, the price could arguably be £40,000/£50,000 more. The property has gas central heating, double glazing & integrated kitchen appliances. A real bonus for such a central location is the Allocated Underground Parking.

  • Entrance

    There are two entrances: One, the vehicular, which is into the underground car park from LOWER GILMORE PLACE. The Other is from the south bank of the Union Canal up a slipway or some stairs to a TERRACE leading to the Entry-phone operated front door. Then into a plush foyer with lift or stairs up.

  • Hall

    Off the first floor landing into a hallway with good cupboard space and doors to all the rooms.

  • LIVING/DINING/KITCHEN

    6.17 m X 4.8 m / 20'3" X 15'9"

    A spacious open plan room fwaturing picture windows and door onto balcony over the canal. Space to lounge, dine and the kitchen is recessed. There are floor & wall units and integrated appliances.

  • Bedroom 1

    4.22 m X 3.2 m / 13'10" X 10'6"

    This is the Master Bedroom with an outlook onto the Canal. It has fitted wardrobes and an EN Suite Shower.

  • Bedroom 2

    3.76 m X 2.62 m / 12'4" X 8'7"

    Quietly set to the rear, this is a comfortable bedroom with fitted wardrobes. Morning sun.

  • Bathroom

    Fitted with three piece suite.

  • Shower Room

    En Suite Bedroom 1

  • Outside

    There are shared grounds that are mostly hard-landscaped. Importantly...there is an ALLOCATED parking space in the underground car park.

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Fountainbridge, Edinburgh City Centre at a glance*

  • Average selling price

    £262,950

  • Median time to sell

    26 days

  • Average % of Home Report achieved

    103.6%

  • Most popular property type

    2 bedroom flat

To find out more about the local market, contact G J Hunter & Co Ltd 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 12 month period ending on 31/08/2024

What will my monthly repayments be?

Repayment: £0
Interest only: £0

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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.