17/5 West Preston Street
, Edinburgh, Midlothian, EH8 9PU

Edinburgh, Midlothian, EH8 9PU
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Offers Over
£420,000

House

Upper Floor Apartment

Bed

4 Bedrooms

Bathroom

2 Bathrooms

Reception

1 Reception Room

Size

1,498 sq.ft

Telephone

Property Description

A fantastic opportunity to acquire a bright and spacious four-bedroom apartment, occupying the third floor of a traditional Victorian tenement.

The property would appeal to a buy-to-let investor, parents purchasing for their children studying at the university or simply those in search of a lovely family home.

The property situated in the highly desirable residential area of Newington within walking distance of a wide variety of local amenities and the City Centre. The property offers spacious and versatile accommodation with four generously proportioned double bedrooms, two shower rooms, south facing sitting room with two wonderfully bright double windows and breakfasting kitchen. In addition, the property benefits from a large, shared garden to the rear laid to lawn, edged with leafy shrubs and well-planted floral border.

Enviably located within close proximity to the University of Edinburgh, the property owner has recently renewed the HMO licence which is valid until February 2026. Presented to the market in live in condition, the property is equipped for the next academic year and all content are available upon separate negotiation.

Desktop rental value by Rettie & Co in January 2024: £2800-£3000 pcm returning a gross yield between 7.4% and 8% against the Home Report valuation of £450,000.

More Details

EPC: E
Council Tax Band: E
Tenure: Freehold

Viewing by appointment via Rettie & Co.

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Gavin Smith

Gavin Smith

Associate Director
Maz Purdie

Maz Purdie

Sales Negotiator
Paul Banyard Cert CII (MP)

Paul Banyard Cert CII (MP)

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New build house with stone and timber cladding

Looking To Sell Or Let?

Rettie is one of the most trusted and well-respected names in property. Our unrivalled market knowledge helps people from around the world buy, sell, let and develop property in Scotland and the North East of England - from city apartments and rural cottages to large townhouses and prime country homes, farms and estates. We deal with some of the most prestigious properties on the market, but provide the same exceptional standards of service and value for money to all our clients.