5 Bedroom Triplex for sale
- 5 Bedrooms
- Investment Opportunity
- HMO Property
- Rental Contract Generating £4,250 pcm
- 7.3% Gross Yield
- Central New Town Location
Description
17 2F2 Castle Street is a large 5 bedroom triplex apartment laid out over the 2nd, 3rd and 4th floors of a Georgian tenement building in Edinburgh's New Town.
Currently rented as a student flat, the property is 100% occupancy for the past 20 years, with rent increases every year. It currently generates rent of c.£51,000 / year (£850 / per room x 5 rooms).
You enter into a wide hallway with feature staircase with cupola above to allow plenty of natural light to flow through the home.
The large living room spans the entire width of the building, and has three windows facing onto Castle Street.
The dining kitchen is to the rear of the home with dark worktop over wooden fitted kitchen cabinets. Integrated appliances include gas hob, oven, fridge freezer and washing machine.
A large bedroom (double bedroom 2) is also on the 2nd floor, with a view to the rear. There is a door connecting this bedroom to the living room.
A small WC is located under the stairs.
The third floor has three further bedrooms (one en suite) and a second bathroom.
The principal bedroom is located to the rear of the third floor with integrated storage and an en suite shower room.
Double bedroom 3 is to the front of the home, with a Juliet balcony that has a view of Edinburgh Castle.
Double bedroom 4 is to the rear of the third floor.
A bathroom is also on the third floor with separate shower and bath.
The fourth floor has an attic bedroom.
Residents at Castle Street are eligible to access Queen Street Gardens, subject to application and modest annual fee.
Permit parking is available on Castle Street (by application to Edinburgh Council).
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EPC Rating Band C
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Castle Street is located in the Edinburgh New Town, in the heart of Edinburgh City Centre.
The New Town is one of Edinburgh's most sought after residential areas. The area is characterised by its beautiful Georgian terraces, stunning wide streets and well kept communal gardens. It is the largest complete example of town planning from the Georgian Period in the world.
Excellent shopping is located on nearby George Street with some of the most highly regarded brands located there.
17 Castle Street is in the catchment for Stockbridge or St Mary's RC Primary Schools and Broughton High School or St Thomas of Acquin's RC High School.
There are also excellent independent schools nearby including ESMS, St George's School for Girls, Fettes College, Edinburgh Academy and George Heriot's School.
Brochures
call agent-0131 381 3940
