NEW DEADLINE FOR OFFERS - Friday 20th September 2019 at 5pm - Submit Bid Now >>
**SUPERB INVESTMENT OPPORTUNITY** 2 Bedroom ground floor flat in excellent location close to Edinburgh City Centre.
- PROPERTY COMPRISES:- Entrance Hallway, 2 Double Bedrooms, Living Room, Kitchen and Bathroom with W.C. Property further benefits from Double Glazed Windows and residents parking spaces.
- SUPER LOCAL SALES EVIDENCE- 37, Ravelston House Park, Edinburgh £222,500... 32, Ravelston House Park, Edinburgh, £240,000...4, West Court Ravelston House Park, Edinburgh, £245,000
- Realistic rent in the area £950pcm giving an annual income of £11,400 and offering yield of over 5% if achieved for guide price. EXCELLENT CAPITAL GROWTH POTENTIAL.
- Ravelston is one of Edinburgh's most sought after residential areas, situated around one and a half miles from the City Centre of Edinburgh.
Freehold- Outright ownership of the property and land on which it stands.
Vacant- Full vacant possession offered at time of completion.
Full Details:**SUPERB INVESTMENT OPPORTUNITY** 2 Bedroom ground floor flat in excellent location close to Edinburgh City Centre. This most appealing ground floor flat is positioned to the front of the building and has a pleasant outlook out across the well kept communal grounds. The property offers the successful purchaser the opportunity to redecorate to their own tastes, putting their own personal stamp on the internal accommodation The generous sized bright lounge/dining room has windows on two elevations. The kitchen features a range of units providing plenty of worktop space and an integrated electric oven, extractor and ceramic hob. There are two double bedrooms, each fitted with a double built-in wardrobe. Two cupboards located off the hall provide further storage space. A family bathroom completes this lovely accommodation. Further benefits include double glazed windows and security entry into the communal stair. The sweeping lawns of the communal gardens are well kept and a gate leads directly into Ravelston woods. A private carport is located a short walk away and there are plenty of residents’ parking spaces within the cul-de-sac. Realistic rent in the area £950pcm giving an annual income of £11,400 and offering yield of over 5% if achieved for guide price. EXCELLENT CAPITAL GROWTH POTENTIAL. SUPER LOCAL SALES EVIDENCE- 37, Ravelston House Park, Edinburgh £222,500... 32, Ravelston House Park, Edinburgh, £240,000...4, West Court Ravelston House Park, Edinburgh, £245,000
What is a Guide Price...Auction Guide Prices are displayed as an indication of each seller's approximate sale expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Unless specified all properties are subject to a Reserve (minimum acceptable price) which we expect will be set no more than 10% above or below the advertised guide.
Bid Now Explained...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.
Map & Location:
Ravelston is one of Edinburgh's most sought after residential areas, situated around one and a half miles from the City Centre of Edinburgh. Leisure and recreational facilities in the area include golf courses at Ravelston and Murrayfield, several sports clubs, an ice rink, easy access to walks along the Water of Leith, Ravelston Woods and Corstorphine Hill, extensive local cycle paths and the renowned Murrayfield Rugby Stadium. Craigleith Retail park, Including Sainsburys and M&S is located at the foot of Craigleith Crescent. The area is popular for families with excellent schools in both state and private sectors being easily accessible.
Internal Open Viewings...
This property may be open for internal viewings at specified times which will be listed on this page when available. You do not need to register to attend these viewings, you can simply turn up as the property will be open during the scheduled times. Our viewing agent will be present to answer any of your questions and provide auction catalogues to viewers.
External Viewings Anytime...
You may view this property externally at any time. Please make sure that if the property is occupied or tenanted that you respect the privacy of the occupants. Additionally we advise that you print a copy of this schedule and take it with you in case of any neighbours questioning you at the property as to your intentions.
24 October 2019
Edinburgh Marriott Hotel
111 Glasgow Road, EH12 8NF
Registration...You will need to be at the auction prior to the 7.00pm start time in order to register & make your way to the auction room. Bidding registration opens from 6:00pm. You will be required to present Photo ID and provide your contact and solicitor details in order to register.
Legal Packs...All legal packs will be available for inspection at our offices on the day of the auction and at the auction hall from 6:00pm.
Deposits...If you are a successful purchaser of a lot then a deposit of 10% (minimum £3,000 or lower if specified) will be required. The deposit is accepted by the following methods:
Deposit Method...Switch, Debit Card, Credit Card, Cash or Bankers Draft accepted only. Next Day Bank Transfer by prior arrangement only.
How To Bid:
Offer Now...You may submit an offer now on any of our live properties for the sellers to consider. If they are will are willing to sell you the property now then it is a matter of making the 10% deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.
Bid Live in Person...Easily the best method is to attend the auction in person. The Glasgow Radisson is conveniently located in the Glasgow City Centre, a short walk from the Central Train Station and easily accessed from the M8 Motorway. The Edinburgh Marriott Hotel is conveniently located just minutes from Edinburgh Airport and the city centre.
Bid by Phone Live...If you cant make the auction in person you can still make a live bid by telephone for this property. You will give instruction live over the phone with one of our staff in the room who will bid on your behalf and relay activity in the auction room. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...
Download the Telephone Bidders Form
Bid by Proxy... (Ebay Style Highest Bid)
This is another option if you cannot make the auction in person. A Proxy bid is where you will leave your highest maximum bid for the property and the auctioneer will bid on your behalf. You will only ever bid one increment higher than the previous bidder. Proxy bidding rules out any potential issues with telephone reception or nerves regarding bidding in person or by telephone. To register simply print off, complete and return the below form by email prior to 5pm of the auction day...