Guide price
£220,000
2 bed flat for sale1/8, 1 Ocean Way, North Leith, Edinburgh, Edinburgh EH6
2 beds
2 baths
- Auction
- Freehold
REAL Property Scotland T/A Town and Country Property Auctions
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About this property
Guide Price £220,000 For sale by unconditional online auction on the 25th of February 2026.
Registration is now open, bidding opens on 25th of February 2026 and ends on 25th of February 2026
Town & Country Property Auctions present this sought-after Leith waterfront two-bed, ideal for investors or students, moments from the city centre and major universities!
Description
1/8 Ocean Way, Leith, Edinburgh, EH6 7DG
Guide Price: £220,000
Home Report Value: £265,000
Prime Leith Location Strong Rental Demand High-Performing Serviced Accommodation Opportunity
Town & Country Property Auctions present this well-positioned two-bedroom apartment within the sought-after Leith waterfront, offering flexibility for owner-occupiers, students, and investors alike.
Set within one of Edinburgh's most vibrant districts, the location is particularly appealing due to its excellent connectivity, with regular tram and bus services providing quick and easy access to Edinburgh city centre, as well as strong links to Edinburgh University, Napier University, and Heriot-Watt, making it highly attractive to students and professionals. Keeping it's status for being well known for its waterfront lifestyle, dining scene, and strong year-round demand.
From an investment perspective, the fundamentals are compelling. Estimated long-term rental demand sits at £1,600 per month, while serviced accommodation presents strong upside potential (subject to local authority consent), with projected income of circa £54,000 per annum, based on 72% occupancy and an adr of £205.
With a guide price set £45,000 below Home Report, strong rental fundamentals, proximity to universities and major tourist attractions, and Edinburgh's continued popularity with both domestic and international visitors, this represents a standout opportunity in a prime city location.
Legal Pack
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Auction Information
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