Guide price
£190,000
2 bed flat for sale16/1, Clockmill Lane, Edinburgh EH8
2 beds
1 bath
1 reception
- Auction
- Freehold
Prime Property Auctions
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About this property
We are excited to bring to market this fantastic 2 bed flat, located within a sought after location in Edinburgh ***home report £225,000***
***16/4 Clockmill Lane, Abbeyhill, Edinburgh, EH8 8HY Previously sold for £240,000. 15/5 Clockmill Lane, Abbeyhill, Edinburgh, EH8 8HY Previously sold for £252,127***
Property offers Fantastic Capital growth potential. Sure to appeal to homeowners looking for an excellent new home or shrewd investors looking for an easily lettable property in a sought after location ***discounted opportunity***
For rental purposes, the property could attract a monthly rent of £1,250 - £1,350 per month (£15,000 - £16,200 p/a). This would provide an excellent yield if achieved for guide price.
Property is located near a whole host of local amenities including shops and restaurants, with local schools & easy access to public transport nearby. Property is situated just a short 7 minute drive into Edinburgh city centre & 12 minute drive from Edinburgh University ***prime location***
- We are excited to bring to market this fantastic 2 bed flat, located within a sought after location in Edinburgh ***home report £225,000***
- ***16/4 Clockmill Lane, Abbeyhill, Edinburgh, EH8 8HY Previously sold for £240,000. 15/5 Clockmill Lane, Abbeyhill, Edinburgh, EH8 8HY Previously sold for £252,127***
- Property offers Fantastic Capital growth potential. Sure to appeal to homeowners looking for an excellent new home or shrewd investors looking for an easily lettable property in a sought after location.
- • For rental purposes, the property could attract a monthly rent of £1,250 - £1,350 per month (£15,000 - £16,200 p/a). This would provide an excellent yield if achieved for guide price.
- Property is located near a whole host of local amenities including shops and restaurants, with local schools & easy access to public transport nearby. Property is situated just a short 7 minute drive into Edinburgh city centre ***prime location***
Prime new entry. Excellent 2 Bedroom flat located within a sought after location in Edinburgh ***home report £225,000**
Property comprises: Entrance hallway, living room, kitchen, 2 large double bedrooms, bathroom. Property benefits from ample storage throughout and underground parking spot.
***property being offered at fantastic discount from home report***
***home report valuation £225K***
Excellent potential, ideal for owner occupiers looking for a property within short proximity to Edinburgh City Centre or shrewd investors looking for a fantastic investment opportunity.
Property is ready to move into / let. Fantastic Capital growth potential. Sure to appeal to those looking for Rare auction property.
Local sales evidence:
***16/4 Clockmill Lane, Abbeyhill, Edinburgh, EH8 8HY Previously sold for £240,000. 15/5 Clockmill Lane, Abbeyhill, Edinburgh, EH8 8HY Previously sold for £252,127***
This lot is open to immediate offers. Should you wish to offer now, you can do so via our “Make an Offer” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Edinburgh is an attractive city for living and investment due to its rich history, vibrant culture, and strong economy. As Scotland's capital, it boasts a unesco World Heritage site with landmarks like Edinburgh Castle and the Royal Mile, while hosting world-renowned events like the Edinburgh Festival Fringe. The city has a diverse economy, with key sectors in finance, technology, education, and tourism. Its growing tech scene, strong job market, and high quality of life make it appealing to both residents and investors seeking stable property markets and long-term growth potential.
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