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49  Restalrig Road  Edinburgh

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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Tenanted
  • Bedrooms: 1
  • Council Tax: Search

***FREEHOLD tenanted investment property located in desirable location of Edinburgh*** Main door ground floor flat within traditional tenement building***

***Offered with a guide price £30,000 below home report value giving a substantial discount*** *****IMMEDIATE EQUITY*****

***Sold with existing long term tenant in place. Current rent £650 per month with £700 per month from October 2025***Long term potential to substantially increase rental revenue***

***Potential to convert to STL style property (STL) with main door access. Massive demand for short term accommodation in Edinburgh with premium nightly rates being paid***

***Recent sales evidence. 57 Restalrig Road July 2024. £245,050. 57 Restalrig Road June 2024. £213,000. Sought after area with high demand from buyers and tenants***

***FREEHOLD tenanted investment property located in desirable location of Edinburgh*** Main door ground floor flat within traditional tenement building*** ***Offered with a guide price £30,000 below home report value giving a substantial discount*** *****IMMEDIATE EQUITY***** ***Sold with existing long term tenant in place. Current rent £650 per month with £700 per month from October 2025***Long term potential to substantially increase rental revenue*** ***Potential to convert to STL style property (STL) with main door access. Massive demand for short term accommodation in Edinburgh with premium nightly rates being paid*** ***Recent sales evidence. 57 Restalrig Road July 2024. £245,050. 57 Restalrig Road June 2024. £213,000. Sought after area with high demand from buyers and tenants***

Restalrig is a residential area lying to the east of Edinburgh city centre. There is a good selection of local shops, and the area has excellent transport links across the city. Meadowbank Sports Stadium is on the doorstep which has a wide range if indoor and outdoor leisure and sport facilities. Meadowbank Retail Park is also close to the property with a good selection of high street retailers. For those who enjoy the outdoors, Holyrood Park and Arthur’s Seat are close by where there are lovely walks and cycles. All of this makes Restalrig an attractive location and a great place to live.

Full Address: 49 Restalrig Road, Edinburgh, EH6 8BD

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Map & Location

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Tenancy Details

Type of Agreement:
Length: Rolling
Rent: £7,800 per year / £650 per month
Yield: 7% (approx)
Tenant: Private Individual
Notes:

Document Downloads

Home Report (Pending) Legal Docs (Available)

Pricing Information & Bidding

Opening Bid: £119,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • Contribution Towards Sellers Legal Fees of £2000 + VAT

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Auction Details

Date & Time: 02 October 2025, 10am-3pm
Type: Timed Online Auction

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