One bedroom flat

This one bedroom basement flat enjoys prime location in the popular Meadowbank area, less than two miles from Edinburgh city centre. The accommodation comprises open plan lounge/kitchen with utility room off, double bedroom, bathroom and study/office. A full programme of works is required throughout which is reflected in the competitive guide price, offering a stunning 27% discount against £110,000 Home Report valuation, and with strong added value potential. On completion of works, landlords could enjoy rental income of £8,975 per annum (LHA) with tenant demand potentially producing even greater levels of income. The property could equally suit an owner/occupier looking for a project property in great location. Early interest is essential to avoid missing out on this fantastic opportunity. Council Tax Band: B.

Tenure

Freehold

Area

Dalziel Place is less than two miles east of the city centre. A wide choice of amenities is available locally including Meadowbank Retail Park with Sainsbury’s supermarket and other brands. Leisure pursuits are plentiful nearby, as well as schooling of all levels both private and public sectors. Public transport operates throughout the city and the city bypass and motorway network are easily accessible.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Edinburgh City Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.