6A (2F4) Picardy Place, New Town... 1 bed flat for sale

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6A (2F4) Picardy Place, New Town... 1 bed flat for sale

6A (2F4) Picardy Place, New Town, Edinburgh, EH1
£125,000

Price History

Initial price £130,000
29/05/25 £125,000
Price Change -3.85%

Description

This second-floor studio apartment in Edinburgh's New Town is a rare investment opportunity, offering unrestricted skyline views towards the Firth of Forth and beyond. The property, located in the heart of the city, has a fixed price of £125,000 and has previously achieved £800 per calendar month on the long-term rental market. With all safety certificates still valid, the new owner can benefit from a potential rental income of £825-£850 per month, representing an estimated 8% return. The apartment features a hallway, sitting/dining room/kitchen/bedroom, and a fully tiled shower room, with electric heating and on-street permit parking available. The New Town area offers a unique blend of Georgian architecture, cultural attractions, and modern amenities, making it an ideal location for investors or those seeking a city lifestyle.