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Crewe Road North, Edinburgh EH5 2 bed flat for sale
Crewe Road North, Edinburgh EH5
£110,000
Crewe Road North, Edinburgh EH5
£110,000
Our Summary
- *FANTASTIC DEVELOPMENT OPPORTUNITY*Two bedroom cottage flat built circa 1935 close to Edinburgh City centre
- Internal accommodation requires minor upgrading prior to habitation/rental
- *COMPARABLE SALES*2 Bedroom ground floor flat 180 Crewe Road North sold £170,000 2023*3 Bed Flat Pilton Place sold £199,001 2022*2 bed flat 34 Crewe Place sold £197,500 2022*Auction Details23 January 2025, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY
- Future Property Auctions - Scotland's Largest Land and Property Auction House
Description
This fantastic development opportunity is a two-bedroom cottage flat built in 1935, located close to Edinburgh City centre. The property requires minor upgrading and has huge tenant demand due to its proximity to many businesses and the city centre. With a potential rental income of £1,200 per month, this property offers an amazing rental yield of 11% on its likely sale price. The property features a system of gas central heating, UPVC double glazing, and enclosed gardens to the rear, making it an ideal purchase for an investor landlord or first-time buyer. The property is located in a highly regarded rental area, with easy access to the city centre via Ferry Road and Telford Road.