Offers Over £225,000

2 bed first floor flat for sale in New Town

51 Flat 1 Rose Street North Lane, Edinburgh, EH2 3DX
2
1
1
ESPC Chartered Firm
Council Tax Band D
Energy Rating E
Tenure Freehold
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This two-bedroom flat enjoys a south-facing position on the first floor of a listed Georgian tenement. Now requiring full renovation, the property represents an excellent investment opportunity in the heart of the Capital, within the World Heritage site that is the New Town conservation area. This exclusive postcode offers unrivalled access to a wide range of high-end shops, renowned cultural attractions, cosy pubs, and international eateries. Additionally, it is within easy walking distance of main train stations, the airport tram line, and numerous public parks. The flat is accessed via a communal stairwell with a secure entry system. Once inside, a central entrance hall (with useful storage) leads to the airy reception room. This dining/living area spans the full width of the property and is flooded with natural light from double south-facing windows. One end of the room features a wall of characterful exposed stonework inset with display shelving and a decorative fire alcove. There is also a handy serving hatch to the neighbouring kitchen. The bright kitchen, accessed from the hall, comes fitted with a selection of cabinets and a countertop that require upgrading. Also found within the home are two double bedrooms located at the rear of the property to provide quieter areas for rest. Both bedrooms boast built-in storage, including double wardrobes in the larger room. Finally, there is a bathroom featuring a shower-over-bath and, next door, a conveniently separate WC. The property is heated via electric heating and retains its classic twelve-pane sash windows in most rooms. The address is within easy reach of the historic New Town Gardens, which provide beautiful green spaces for public recreation and relaxation. These include Calton Hill and Princes Street Gardens at the foot of the Castle. On-street parking in the area falls under Controlled Zone 1A. Extras: The property is sold as seen.

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New Town, Edinburgh City Centre at a glance*

  • Average selling price

    £452,720

  • Median time to sell

    46 days

  • Average % of Home Report achieved

    101.5%

  • Most popular property type

    2 bedroom flat

To find out more about the local market, contact Clancys Solicitors and Estate Agents 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 31/10/2024

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Repayment: £0
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* 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.