Central Edinburgh Renovation Opportunity

21/9 East Crosscauseway, Edinburgh, EH8 9HE Guide Price: £100,000 Auction House Scotland presents an opportunity to acquire a property in central Edinburgh, with scope for an experienced purchaser to refurbish and improve accommodation in an established city location. For buyers prepared to take on a substantial project, the attraction is the opportunity to create a finished property to their own specification. At a guide price of £100,000, this lot warrants consideration from builders, renovation specialists and investors seeking their next Edinburgh project. Any potential return will depend on the purchase price, the extent of the works required and associated costs. There is no home report due to condition and no internal viewings. East Crosscauseway is well placed for the University of Edinburgh, the Old Town and the city centre, with shops, cafés, restaurants and transport connections nearby. The Meadows and Holyrood Park provide access to some of the city’s best-known outdoor spaces. This combination of central convenience and surrounding amenities could appeal to future owner-occupiers or tenants once the property has been appropriately refurbished, subject to any necessary consents and letting requirements. The property has been empty for a considerable period. A pigeon infestation and a broken window have been reported. Auction House Scotland has not inspected the interior, and the accommodation, layout, condition of services and extent of damage have not been verified. The property will require a full programme of works and upgrading. Please note the pigeons have now been removed from the property and the property is secure. Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition. There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case and is being advertised as such. Council Tax Band: C

Tenure

Freehold

Area

East Crosscauseway puts you within easy reach of everything that makes Edinburgh such a fantastic place to live. Situated in the lively Newington area, it is surrounded by independent cafés, restaurants, bars and everyday shops, with the University of Edinburgh’s central campus nearby. The Meadows, Holyrood Park and the historic Old Town are all within walking distance, offering everything from green space and scenic walks to culture and entertainment. Regular bus services along nearby Nicolson Street provide connections across the city. It’s a location that combines neighbourhood character with the convenience of central Edinburgh living.

Local Authority

City of Edinburgh Council

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.