Initial price	£135,000
12/12/24	£128,000
07/01/25	£135,000
11/01/25	£110,000
25/01/25	£125,000
Price Change	-7.41%

This fantastic development opportunity is a two-bedroom cottage flat built circa 1935, located close to Edinburgh City centre. The property requires minor upgrading to make it habitable or rentable, but has huge potential for an investor landlord with a likely rental income of £1200 per month, resulting in an impressive 11% rental yield. The property features gas central heating, UPVC double glazing, and gardens to the rear, making it an ideal purchase for an investor or first-time buyer. With easy access to the city centre via Ferry Road and Telford Road, this property is situated in a highly regarded rental area and comparable sales in the area have achieved prices of up to £199,001. The property will be auctioned on January 31st, 2025, with a deadline for offers at 12pm.