Refurbishment project

This two bedroom home in Edinburgh’s Dalry area is a renovator’s dream. The flat has excellent development potential with value to be added on completion of works. Accommodation comprises secure entrance hall, reception hall, corner positioned lounge, kitchen, two bedrooms and a bathroom. The property features a basement storage area, offering potential for transformation. Ambitious developers can unlock its possibilities by converting it into additional storage space or even a stylish wine cellar, making the most of this versatile opportunity, subject to consents. The flat is in disrepair, uninhabitable, non mortgageable and cash buy only. There is no home report. On completion of works, comparable evidence of similar flats suggest a likely rental income of around £1200pcm. Council Tax Band B. Unsafe properties Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition. There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case and is being advertised as such.

Tenure

Freehold

Area

Caledonian Road is located in the Dalry area of Edinburgh, just a short distance to the west end and city centre which offers wide range of bars, restaurants and shopping. There are great transport links with Haymarket train station and tram stops only a couple of minutes away.

Local Authority

Edinburgh City Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.