1 bedroom flat for sale

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1 bedroom flat for sale

29A Newtoft Street, Edinburgh, EH17 8RF
£70,000

Price History

Initial price £90,000
05/03/25 £75,000
05/04/25 £70,000
Price Change -22.22%

Description

This rare opportunity presents a 1-bedroom flat in a sought-after area of Edinburgh, with a Home Report value of £100,000. The property is currently achieving £500 per month in rent, with demand in the area asking for £900-£1000, providing an exceptional gross yield of 12-13.3% based on a guide price. The flat is located near local amenities, schools, and public transport, making it an attractive option for homeowners and shrewd investors alike. With sales evidence from similar properties in the area selling for £128,177 and £140,000, this property is a fantastic opportunity to purchase a new home or invest in a easily lettable property.