1 bed flat for sale

Hill Street, Edinburgh EH2

This stylish ground floor apartment offers a hands-off investment opportunity in the heart of Edinburgh's New Town. With established short let performance and full management in place via Destiny Scotland, the apartment produced a net annual income of £26,000 for 2024/25, equating to a net yield of approximately 7.76% based on the current asking price.

Local Authority: The City of Edinburgh Council
Rateable Value: £8,000 per annum. Owner could qualify for rates relief, subject to processional advice.
Tenure: Freehold
Net Investment Yield: 7.76%
Service Charge: Included within managed service

Located within the exclusive Hill Street Apartments, this one-bedroom property is accessed directly from the main communal entrance and sits at ground level.

The apartment is immaculately presented with high-quality finishes throughout. The open-plan living, kitchen, and dining space is bright and well-proportioned, retaining attractive period features and benefiting from large sash-and-case windows. The kitchen is fully equipped with Siemens appliances, including an integrated fridge, dishwasher, washer/dryer, and induction hob, complemented by Silestone worktops.

The spacious double bedroom includes built-in storage, and the contemporary shower room is finished to a high standard with a large walk-in shower, rain-effect shower head, heated towel rail, and stylish fixtures.

Additional features include hand-scraped oak flooring, upgraded energy-efficient windows, and Nest-controlled heating.

This turn-key apartment offers strong short-let returns in a high-demand location, making it an excellent investment opportunity.

Management
The building is fully managed by Destiny Scotland. Further details available upon request.

Services
Mains water, gas, electricity, and drainage. Heating is controlled remotely via Nest.

Hill Street is ideally positioned within Edinburgh's historic New Town, just moments from both Charlotte Square and St Andrew Square. The city's best shopping, dining, and cultural attractions are within walking distance, including George Street, Multrees Walk, the St James Quarter, and Princes Street. Nearby green spaces and landmarks include the Royal Botanic Garden, Water of Leith Walkway, and Edinburgh Castle.