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Offers over

£340,000

4 bed flat for sale
21 (3F1) Montague Street, Newington, Edinburgh EH8

    • 4 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Freehold

DJ Alexander - Edinburgh

Logo of DJ Alexander - Edinburgh

About this property

  • Investment opportunity

  • Four bedroom HMO third floor flat

  • Traditional tenement building

  • Desirable Newington area of Edinburgh

  • Potential gross yield of 9% based on Home Report value

  • Tenants in situ - all compliance certicates can be made available

  • Gas central heating

  • Communal rear drying green & on street permit parking (Zone 3)

Investment sale only - being sold with tenants in situ

Bright and spacious four-bedroom third floor flat comprising part of a late Victorian tenement within the desirable Newington district of Edinburgh. The property is being sold as HMO investment opportunity with tenants in situ. The current rent is £2625 per month providing a gross yield of 9% based on the Home Report valuation.

Accessed via a communal stairwell with secure entry phone system, the accommodation comprises: Hallway; spacious sitting/dining room/kitchen with bay window, the kitchen has fitted wall and base units, tiled splashback and integrated appliances; four double bedrooms, all with ample space for freestanding furniture; shower room with shower cubicle and wash hand basin; and a separate WC which completes the accommodation.

The property has the benefit of gas central heating, access to a communal rear dying green and on street permit parking available on Montague Street and surrounding streets (Zone 3).

Montague Street is in the heart of Newington and benefits from its proximity to neighbouring Marchmont as well. There is a wide choice of local shops, cafes and restaurants, with many more found on Causewayside, Nicolson Street, South Bridge, Clerk Street and along Newington Road, as well as at Marchmont. The Meadows, Arthur’s Seat and Salisbury Crags offer the perfect opportunity for recreation and exercise. The Royal Commonwealth Pool is also nearby. The flat is perfectly located for The University of Edinburgh, Edinburgh College of Art and the National Library of Scotland. Excellent bus services provide access to the city centre, and the A701 leads out to the City Bypass and thence to the central motorway network.

The property is being sold as an investment with tenants in situ.

All compliance certificates will be made available.

Under the hmrc Anti Money Laundering legislation, all offers to purchase a property on a cash basis or subject to mortgage require evidence of source of funds and required to produce proof of identity and proof of address. This is acceptable either as original or certified documents. By submitting an offer for acceptance, you agree to this condition and are happy for dj Alexander to contact you for these purposes.

EPC: C
Council Tax: D - £2163.90 inclusive of water and sewage* (*based on 2025/2026 tax year) - The City of Edinburgh Council
Tenure: Freehold
Electricity Supply: Mains connection – electric meter and consumer unit located within the hallway
Water Supply: Scottish Water
Sewerage: Scottish Water
Heating: Mains gas - boiler and radiators
Broadband: 1800 mbps (Potential download speed)
Mobile Signal/Coverage: Full 4G and potential 5G outdoor coverage
Parking: On street permit and pay-and-display parking is available on surrounding streets under zone 3 (Permits obtained upon application to The City of Edinburgh Council and payment of fees)
Factor: There is no factor at this property.

All statements contained herein are believed to be correct but are not guaranteed and interested parties must satisfy themselves as to their accuracy.

More information

  • Tenure

    Freehold

  • Council tax band

    D

See all recent sales in EH8

Property descriptions and related information displayed on this page are marketing materials provided by - DJ Alexander - Edinburgh. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact DJ Alexander - Edinburgh for full details and further information.