For Sale By Auction | 14:00, 06 February 2025

50/5, Northfield Broadway, Northfield Broadway, Edinburgh, Midlothian EH8 7PH

*Guide | £120,000 (plus fees)

  • Flat
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 0141 339 4466 for more information

Auction Date

Thu 06/02/2025

Auction Time

14:00

Auction Venue

Radisson RED, 25 Tunnel Street • G3 8HL

Two bedroom flat

Now available is this superb opportunity to acquire this property on Northfield Broadway. The accommodation comprises an entrance hallway which leads to a spacious lounge and kitchen with a range of wall and base units, two double bedrooms and bathroom with three piece fitted suite. The property is currently occupied on an informal basis (no tenancy agreement) and is being offered with vacant possession. With LHA rates of £11,608p.a.this would potentially give a rental yield of 9.6% at Guide Price. This would be a great purchase for a buy to let investor and there would be an opportunity to add value through refurbishment. To avoid missing out, an early expression of interest is highly recommended. Council Tax Band: B.

Tenure

Freehold

Area

Northfield is a sought after residential area situated approximately 2 miles east of the City Centre, with easy access by car or bus and excellent road links to the A1 and City Bypass. The immediate area offers a wide range of amenities, including good local shops, a choice of Supermarkets in the vicinity as well as Fort Kinnaird and Meadowbank Retail Parks both within easy reach. Good local schools in the area from nursery through to secondary level. There are a variety of leisure and recreational facilities available at Holyrood Park, Leith Links, Meadowbank Sports Stadium, the Playhouse Theatre and the Omni Cinema Complex at the top of Leith Walk with a selection of bars and restaurants, all within a short bus or car journey

Local Authority

Edinburgh City Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.