45/4 York Place, Edinburgh, EH1 1 bed flat for sale

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45/4 York Place, Edinburgh, EH1 1 bed flat for sale

45/4 York Place, Edinburgh, EH1
£350,000

Our Summary

  • Subject to approval of a short term licence, the potential rental income would be approximately £50,000 per year which is a return of 7

Description

This one-bedroom property in Edinburgh's New Town is a rare find, boasting a bright interior with two skylight windows and a stunning location within a UNESCO World Heritage site. The property is situated beside the York Place tram stop, offering excellent public transport connections and a range of amenities nearby. With the potential for a short-term licence, the rental income could reach £50,000 per year, or £1,600 per month for a long-term let. The property features an open-plan kitchen/sitting/dining room, principal double bedroom, and three-piece bathroom, as well as additional storage space in the loft and access to a rear communal patio garden. The interior is modern and neutral, with herringbone flooring and central heating through an electric boiler. The New Town offers a unique blend of Georgian and neo-classical architecture, cobbled crescents, and beautiful private gardens, making it the ultimate city lifestyle. With its rich cultural scene, excellent public transport, and stunning green spaces, this property is a must-see for anyone looking for a unique and desirable place to call home.