Flat for sale in 6/5 Union Street, New Town, Edinburgh EH1

Located on the third floor of a traditional tenement building a few minutes walk from the popular St James Quarter, this bright and spacious three bedroom flat in the East New Town comprises a lounge, kitchen/diner, three double bedrooms and a large loft space spanning the length and breadth of the property *HMO licence in place until 2025 - £2,200pcm rental potential, yield 5.5% based on hr value*

The accommodation is accessed via a communal stair and comprises: Hall with large storage cupboard; living/dining room with fireplace; dining kitchen with ample wall and base units, tiled splashback, appliances and space for a small dining table and chairs; three double bedrooms, all of which have ample space for freestanding furniture; family bathroom with three-piece white suite and shower over the bath and; access from the hallway to a large attic room with additional storage cupboard off which completes the accommodation.

The property benefits from gas central heating, traditional sash and casement windows and on street residents permit and pay & display parking (Zone 2) which add to the benefit of the property.

The property is located in East New Town, lying approximately a quarter of a mile north east of the city centre. Union Street is strategically placed, as it is only a few minutes’ walk from Princes Street and the City Centre. Excellent shopping and a myriad of delicious restaurants, theatres, cinemas, galleries and museums all contribute to the city centre’s sophistication and appeal. The Omni Centre, at the head of Leith Walk boasts a Health and Fitness Club, a multi-screen cinema and a number of restaurants. Edinburgh’s St James Quarter which opened in 2021 offers most fashionable shopping and leisure opportunities. The National Monument, at the summit of Calton Hill, that was erected to commemorate Scottish heroism in the Napoleonic Wars and the Scottish Parliament, with its dramatic and controversial architecture, are both within a short walk, as are Holyrood Palace and the stunning open spaces of the Queen’s Park. Well served by day and night bus services to the city centre and within easy reach of the Picardy Place tram stop and Waverley Station, there is also easy vehicular access to the A1 and the City Bypass.

All window furnishings (curtains, curtain poles, blinds etc), floor coverings, light fixtures and appliances (both integrated and free standing) are included in the sale. No warranties or guarantees will be provided.

Please note that some of the images have been virtually staged and are for illustrative purposes only.

Under the hmrc Anti Money Laundering legislation, all offers to purchase a property on a cash basis or subject to mortgage require evidence of source of funds and required to produce proof of identity and proof of address. This is acceptable either as original or certified documents.

EPC: D
Council Tax: E - £2569.91 inclusive of water and sewage* (*based on 2024/2025 tax year) – The City of Edinburgh Council
Tenure: Freehold
Electricity Supply: Mains connection – The electrical distribution board has circuit breakers and is located within the hall cupboard alongside the electric meter.
Water Supply: Scottish Water
Sewerage: Scottish Water
Heating: Gas – Space heating and hot water is provided by the gas fired central heating boiler which is located within the kitchen.
Broadband: 1000 mbps (Potential download speed)
Mobile Signal/Coverage: Full 4G and potential 5G outdoor coverage
Parking: On street permit and pay-and-display parking is available on Union Street and surrounding streets under zone 2 (Permits obtained upon application to The City of Edinburgh Council and payment of fees)
All statements contained herein are believed to be correct but are not guaranteed and interested parties must satisfy themselves as to their accuracy.<br /><br />