Flat for sale in 9/7 Lady Nairne Loan, Meadowbank, Edinburgh EH8

Investment sale only - being sold as an investment with tenants in situ

A fantastic opportunity to purchase bright and spacious two-bedroom 3rd floor flat in the sought-after Meadowbank area of Edinburgh.

Accessed via a communal hall and stair, the accommodation comprises: Hallway with storage cupboard; sitting room with patio doors allowing plenty of natural light into the room and leading to a balcony; breakfasting kitchen with ample wall and base units, tiled splashback, integrated appliances and space for a small table and chairs; two double bedrooms, both with built-in wardrobes and; a bathroom with three-piece suite which completes the accommodation.

The property has the benefit of electric heating, double glazing, access to a communal garden and external store.

The current tenant has been in situ since September 2019 and currently pays £715.85 pcm. Gross yield of 5.05% based on the Home Report value.

Meadowbank is a short distance to the east of the city centre. Locally, there is a wide choice of amenities including shops, a Post Office and bank. Meadowbank Retail Park offers further shopping, including a Sainsbury’s supermarket, high street retailers and coffee shops/ eateries. Leith and Portobello are also nearby, offering idyllic walks, plentiful eateries, pubs and cafes. Recreation is catered for with tennis and squash clubs nearby and Meadowbank Sports Centre. Schooling is served by nursery to senior level in both public and private sectors. The Royal Mile and Scottish Parliament are within approximately a quarter of a mile from the flat. Recreational facilities include walks in Holyrood Park and hiking Arthurs Seat which offers scenic panoramic view over Edinburgh’s city centre. An excellent public transport system operates throughout the city and the city bypass and motorway network are easily accessible.

The propety is being sold as an investment with tenants in situ. No warranties or guarantees will be provided.

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: E
Council Tax: B - £1550.95 inclusive of water and sewage* (*based on 2024/2025 tax year) - The City of Edinburgh Council
Tenure: Freehold
Electricity Supply: Mains connection – A circuit breaker distribution board is fitted and located within the hallway.
Water Supply: Scottish Water
Sewerage: Scottish Water
Heating: Electric – There are a number of electric wall mounted panel radiators.
Broadband: 1000 mbps (Potential download speed)
Mobile Signal/Coverage: Full 4G and potential 5G outdoor coverage
Parking: Resident’s shared parking

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 />