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2 bedroom flat for sale
Crewe Road North, Edinburgh EH5
£135,000
Crewe Road North, Edinburgh EH5
£135,000
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 Details28 November 2024, 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 1935-built two-bedroom cottage flat is an excellent development opportunity for an investor landlord or first-time buyer. Located close to Edinburgh City Centre, the property boasts a high rental demand due to its proximity to businesses and the city centre. The internal accommodation requires minor upgrading, but has potential for a rental income of £1,200 per month, resulting in an impressive 11% rental yield. The property features gas central heating, UPVC double glazing, and enclosed gardens to the rear. With room sizes ranging from 15'9" to 12'0", this property offers a great balance of space and charm. Comparable sales in the area have reached up to £199,001, making this a fantastic opportunity for investors and first-time buyers alike. The property will be sold through a timed online auction on November 28, 2024.