Bright and spacious three-bedroom first floor flat in a late Victorian traditional tenement in the sought-after Newington area of Edinburgh, south of the city centre. This property has a HMO licence valid until March 2027, previously achieving approximately £2,400 per calendar month with a yield of 8.7% based on home report value
Accessed via a communal stair with secure entry phone system, the accommodation comprises: hallway; open plan sitting/dining room/kitchen, the kitchen is fitted with modern wall and base units, tiled splashback and integrated appliances; three double bedrooms, all with ample space for freestanding bedroom furniture; bathroom with bath and wash hand basin; and a separate WC with wash hand basin and WC which completes the accommodation.
The property has the benefit of gas central heating, partial double glazing, access to a communal rear garden and on street permit parking (Zone 3).
Montague Street is in the heart of Newington and benefits from its proximity to neighbouring Marchmont as well. There is a wide choice of local shops, cafes and restaurants, with many more found on Causewayside, Nicolson Street, South Bridge, Clerk Street and along Newington Road, as well as at Marchmont. The Meadows, Arthur’s Seat and Salisbury Crags offer the perfect opportunity for recreation and exercise. The Royal Commonwealth Pool is also nearby. The flat is perfectly located for The University of Edinburgh, Edinburgh College of Art and the National Library of Scotland. Excellent bus services provide access to the city centre, and the A701 leads out to the City Bypass and thence to the central motorway network.
Property is sold as seen, inclusive of all window furnishings (curtains, curtain poles, blinds etc), floor coverings, light fixtures, furniture and appliances (both integrated and free standing) are included in the sale. 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. By submitting an offer for acceptance, you agree to this condition and are happy for DJ Alexander to contact you for these purposes.
EPC: C Council Tax: D - £2163.90 inclusive of water and sewage* (*based on 2025/2026 tax year) - The City of Edinburgh Council Tenure: Freehold Electricity Supply: Mains connection – electric meter and consumer unit located within the hallway Water Supply: Scottish Water Sewerage: Scottish Water Heating: Mains gas - boiler and radiators Broadband: 1800 MBPS (Potential download speed) Mobile Signal/Coverage: Full 4G and potential 5G outdoor coverage Parking: On street permit and pay-and-display parking is available on surrounding streets under zone 3 (Permits obtained upon application to The City of Edinburgh Council and payment of fees) Factor: There is no factor at this property. All statements contained herein are believed to be correct but are not guaranteed and interested parties must satisfy themselves as to their accuracy.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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