Existing HMO licence valid until June 2026
Estimated rental £1,950pcm; long-term yield c. 8.1%
Three large double bedrooms, ideal for sharers or students
Open-plan sitting room and kitchen with two storage cupboards
Single family bathroom only — one washroom for three bedrooms
No private garden; city-centre location with urban noise potential
Permit parking only (zone N7); on-street and pay-and-display
Located in a very deprived area; impacts growth and tenant mix
Set on Leith Walk, this three-bedroom first-floor flat combines strong rental performance with practical living space. The property holds a current HMO licence (valid until June 2026) and an estimated rental of £1,950pcm, reflecting a long-term yield of c. 8.1% — clear appeal for buy-to-let investors or sharers seeking immediate income.
Accommodation is straightforward and adaptable: an open-plan sitting room and kitchen, three large double bedrooms and a single family bathroom. Neutral décor, gas central heating and generous room proportions make the flat easy to re-let or occupy with minimal immediate work. All furniture and contents at point of viewing are included in the sale (sold as seen; no warranties).
Practical city-living comes with some trade-offs. There is no private outdoor space, parking is on-street by permit (zone N7), and the property sits in a very deprived area classification — factors that affect long-term capital growth and tenant mix. Some marketing imagery has been virtually staged with AI and should not be relied upon as exact representation.
For investors, the combination of location (short walk to the city centre and strong transport links), existing HMO status and high estimated rental income makes this a clear letting opportunity. For owner-occupiers or sharers, the flat offers roomy bedrooms and convenient access to shops, tram and city amenities, but expect urban noise and limited outdoor/private space.