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1 bedroom flat for sale
29A Newtoft Street, Edinburgh, EH17 8RF
£70,000
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.