2 bed Flat For Sale £325,000
11/1 Silvermills, Edinburgh, EH3

This bright and well proportioned, two bedroom, ground floor flat with a private garage forms part of a modern, factored residential development in the highly desirable Stockbridge district of Edinburgh.

The property would make for a lovely home, or alternatively, a great investment purchase.
The property would likely achieve between £1500 & £1600 PCM on the long-term rental market, which would result in a gross yield of over 5.5% based on £1600 PCM at home report valuation.

Set in a tranquil, cul-de-sac, the accommodation is accessed via a shared entrance with secure door entry phone system and comprises: entrance hall, inner hallway with two storage cupboards; welcoming sitting/dining room with large window allowing in an abundance of natural light; fitted kitchen with ample wall and base units, tiled splashback and integrated appliances (namely oven, hob and extractor hood) and space for a dining area; principal bedroom with built-in wardrobes and ensuite shower room; further double bedroom with built-in wardrobe and; bathroom with three piece white suite completes the accommodation.

The property benefits from gas central heating, double glazing, a private single car garage and access to communal garden grounds which add to the appeal of the property.

Silvermills is located on the northern fringe of the New Town, tucked away behind Henderson Row and close to Stockbridge. There is good local shopping in Stockbridge, as well as a bank and post office and a choice of fashionable and popular restaurants, bars and coffee shops. Comely Bank has a Waitrose, while Craigleith Retail Park has an M&S food hall, and a Sainsbury’s. Silvermills is within close proximity of Princes Street and George Street and the city centre with all it has to offer. The Dean Tennis & Squash Club, The Grange Club and Glenogle Swimming Baths offer high standards of sporting and recreational facilities and the Water of Leith walkway, Inverleith Park and the Royal Botanic Garden are all nearby. The area is well catered for with public transport and Haymarket and Waverley railway stations are within easy reach.

All window furnishings, floor coverings, light fixtures, appliances (both integrated and free standing) are included in the sale except for any lamp shades, curtains or other items provided by the dressing company. No warranties, guarantees or inventory will be provided.

The development is maintained by James Gibb; an approximate quarterly fee of £300 covers the costs involved in general maintenance and cleaning of the communal stairs, landscaping of the communal goods and block property insurance.

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.

EPC: C
Council Tax: F