Property Description
An increasingly rare opportunity to acquire a double garage situated in the heart of Edinburgh’s prestigious New Town, positioned quietly off Rose Street on Rose Street South Lane.
Unusually, the property benefits from full planning consent to convert the existing garage into a well designed one bedroom studio apartment. The consent also includes the required permissions for short term letting, making this an attractive proposition for developers, investors, or owner occupiers seeking a prime central pied-à-terre.
Key Features
- Currently a double garage with excellent access.
- Full planning consent granted for conversion into a one bedroom studio flat.
- Permission in place for short term letting, offering lucrative income potential.
- Superb location in the iconic New Town, moments from Princes Street and George Street.
- A unique opportunity in an area where development plots of this nature are exceptionally scarce.
- Potential to create a high yielding investment in one of Edinburgh’s most desirable and in demand districts.
More Details
EPC: N/A
Council Tax Band: N/A
Tenure: Freehold
Viewing by appointment.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
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