Requiring a degree of refurbishment, 51 (2f1) Lothian Road represents a fabulous proposition as an investment opportunity for buy-to-let investors or as a home for city professionals and families alike.
Approached via a secure communal stairwell, the front door opens into a high-ceilinged central reception hall presented in soft-toned décor and characterised by the classic proportions found throughout. Straight ahead, a magnificent reception room captures views of the city’s iconic financial district via east-facing twin sash and case windows, framed by original wood panelling and working shutters. A lofty ceiling boasts traditional cornicing and considerable proportions promise comfortable space for everyday living and relaxation. Across the hall, and enjoying a sunny, west facing aspect, a dining kitchen is fitted with wood inspired flooring and cabinetry and comes equipped with a dishwasher and a fridge, whilst providing space for further kitchen appliances. Generous dimensions provide an abundance of floor space for a convivial seated dining area, creating a perfect setting for family meals, socialising and entertaining.
The flat benefits from three elegantly-proportioned double bedrooms: the principal bedroom matching the characterful reception room in terms of charming period features and iconic views. Peacefully located to the rear of the flat are the remaining two bedrooms, one of which benefits from an adjoining box room, representing a goodsized versatile space for a dressing room or a study. Accessed from the hall, and completing the accommodation on offer, is a three-piece shower room supplemented by a handy, separate WC. Gas central heating ensures year-round efficiency and warmth.
Controlled parking is available in the area with a residents’ permit (Zone 4).
NB: The property has planning permission in place to be converted to a four-bedroom property. The expense of the application, drawings, and building warrant are in place. This would provide an excellent opportunity for the flat to be used as a HMO, subject to obtaining a licence.
Situated on Lothian Road, the flat is just a short stroll from Haymarket station, Edinburgh Castle, the National Galleries and fantastic shopping and dining. The immediate area offers its own independent shops, coffee houses, delicatessens and restaurants. Edinburgh’s financial centre, as well as its reputable universities, are on your doorstep. Its excellent location means that most of the city can be reached by either foot or by bicycle. The tramline passes the property (offering convenient access to the airport) and a two minute walk will take you to Haymarket station. No less than 20 different bus routes are on offer with regular day and night schedules.
Home Report £400,000 EPC: C