This rare renovation opportunity is a one-bedroom flat located in a sought-after area of Edinburgh, with a home report value of £110,000. The property is currently achieving £500 per month, £6,000 per year, and has the potential to be let for £900-£1,000 per month, providing a gross yield of 11.3-12.6%. The property is close to local amenities, schools, and public transport, making it an attractive option for both homeowners and investors. The flat is in need of renovation, but its potential for transformation and its prime location make it a great investment opportunity. The property will be featured in an upcoming timed online auction, and interested buyers can create a bidding account to participate in the live auction.