Two bedroom cottage flat

We are delighted to present to auction this outstanding refurbishment property in the ever popular village of Balerno, approximately eight miles south west of Edinburgh city centre. Enjoying quiet cul-de-sac setting, the accommodation comprises bright front facing lounge with kitchen off, two bedrooms and bathroom. The property also offers gas central heating, driveway and garage, and gardens to front and rear. The property has been stripped out, offering a blank canvas to add significant value through a programme of internal and external works to create a fabulous home, whether for rental or owner/occupier. Rental investors will be drawn to the attractive post works rental potential of £11,607 per annum LHA with the potential to realise greater levels of income in the buoyant rental market, and this could also be a great opportunity for owner/occupiers to make their first step onto the property ladder. Please note that there is no Home Report available as the property is currently uninhabitable. Properties in this area with such strong potential are rare and early viewing is essential to appreciate the value on offer. Council Tax Band C. Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition. There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case and is being advertised as such.

Tenure

Freehold

Area

Greenfield Road is situated within the popular residential village of Balerno, to the southwest of Edinburgh. The area offers a range of local amenities, including shops, cafés, schools, medical facilities and community services, with further retail and leisure facilities available in nearby Currie and Juniper Green. The location benefits from regular bus services, convenient access to the City Bypass and Edinburgh city centre, and connectivity to Edinburgh Airport and the wider motorway network. The nearby Pentland Hills and surrounding countryside provide excellent opportunities for walking and outdoor recreation. Combining village convenience with access to the capital, Balerno remains an attractive location for homeowners and property investors alike.

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.