2-bedroom flat · EH6 5PX
For saleListed 43 days
Opportunity summary
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About
This beautiful, bright and welcoming two bedroom ground floor flat enjoys an abundance of natural light, charming period features and a stylish contemporary interior.
Recently renovated to a high standard, this impressive home offers a wonderful blend of traditional character and modern living, making it an ideal first home or an excellent investment opportunity.
Forming part of a traditional tenement building in the heart of vibrant Leith, the property has been thoughtfully designed and beautifully presented throughout.
The accommodation begins with a welcoming hallway leading to a stunning lounge, complete with an attractive feature wall and a bright, inviting atmosphere.
The show-stopping fitted kitchen has been cleverly designed to combine style and practicality, creating a lovely space for both everyday living and entertaining.
There are two well-proportioned bedrooms, with the principal bedroom enjoying plenty of natural light and the second bedroom featuring a stylish feature wall.
A third generously sized box room provides the perfect space for a home office, study or additional storage.
Completing the accommodation is a beautifully appointed contemporary shower room with a three-piece suite.
Further benefits include gas central heating, double glazing, a secure entry system, a useful utility cupboard and access to a communal rear garden.
Early internal viewing is highly recommended to fully appreciate the wonderful accommodation, charming features and high standard of presentation this delightful home has to offer.
Location: Leith is a vibrant and cosmopolitan neighbourhood, renowned for its fantastic atmosphere, independent spirit and eclectic mix of places to eat, drink and enjoy.
Named by The Times as one of the best places to live in 2019, the area offers an enviable lifestyle with an excellent choice of restaurants, traditional pubs, trendy cafés, delis and coffee shops.
Leith also has a thriving creative and cultural scene, with annual festivals including the Leith and Mela Festivals, alongside the Leith School of Art and the newly reopened Leith Theatre.
There is an excellent range of shopping close by, from independent boutiques and local shops to larger supermarkets.
International food stores, street food events and a popular farmers' market add to the area's appeal.
Nearby Ocean Terminal provides a further range of high street retailers, a multiscreen cinema, gym and restaurants.
For those who enjoy getting outdoors, the Shore and wider Leith area offer plenty of opportunities for walking and cycling.
The scenic Water of Leith provides a peaceful riverside route, while nearby Newhaven offers a picturesque harbour and fishing-village atmosphere.
Leith Links provides extensive green space and is also home to Leith Links Tennis and Bowling Club.
Fitness and leisure facilities are also well catered for, with Leith Victoria Swim Centre offering a swimming pool, fitness classes and gym facilities.
Nearby Newhaven is home to Alien Rock, a large indoor climbing arena.
The area offers a good selection of educational facilities from nursery through to secondary level, including Leith Primary School, St Mary's RC Primary School, Leith Academy and the Leith School of Art.
Excellent public transport links further enhance the appeal of the area, with frequent and 24-hour bus services and the tram network providing convenient connections into Edinburgh city centre and Edinburgh International Airport.
Situation The vibrant and cosmopolitan area of Leith, voted as one of the best places to live by The Times in 2019, is a hub for socialising.
It boasts an eclectic mix of restaurants, traditional pubs, trendy cafés, delis, and coffee bars.
Leith enjoys a rich creative culture, hosting the annual Leith and Mela festivals, the Leith School of Art, and the newly reopened Leith Theatre.
It offers an outstanding range of retailers, from independent shops to large supermarkets.
You will find an exceptional selection of international food stores, street food events, and a Farmer’s Market, whilst Nearby Ocean Terminal shopping centre is home to a range of High Street shops, a multiscreen cinema, gym, and restaurants.
The Shore and the greater Leith area cater for outdoor pursuits, including a tranquil riverside walk and cycling path by The Water of Leith, the picturesque fishing village and harbour of neighbouring Newhaven, and the vast green spaces of Leith Links, which is home to Leith Links Tennis and Bowling Club.
For the fitness enthusiast, Leith Victoria Swim Centre is nearby, with a swimming pool, fitness classes, and gym, whilst neighbouring Newhaven is the home of Alien Rock, a large indoor climbing arena.
The area offers schools from nursery to tertiary level, including Leith Primary School, St Mary’s RC Primary School, Leith Academy, and the Leith School of Art.
It benefits from an excellent public transport system with 24-hour buses and a tramline which connects Leith to the city and to Edinburgh International Airport.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. LEI260175/2
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About Ashley Place, Edinburgh, Midlothian, EH6
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