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Two-bedroom cottage flat in need of refurbishment

Balerno, EH14 - Get Access

2 bed 1 bath

Description

We are delighted to present to auction this two-bedroom cottage flat situated in the ever-popular village of Balerno, approximately eight miles southwest of Edinburgh city centre. Enjoying a quiet cul-de-sac setting, the accommodation comprises a bright front-facing lounge with kitchen off, two bedrooms, and a bathroom. The property also benefits from gas central heating, a driveway, a garage, and gardens to the front and rear. Having been stripped out, the property offers a blank canvas to add significant value through a comprehensive programme of internal and external works to create a fabulous home, whether for rental or owner-occupation. Rental investors will be drawn to the attractive post-works rental potential of £11,607 per annum LHA, with the potential to realise greater levels of income in the buoyant rental market. This also presents a great opportunity for owner-occupiers to make their first step onto the property ladder. Greenfield Road is situated within the popular residential village of Balerno, offering a range of local amenities including shops, cafés, schools, medical facilities, and community services, with further retail and leisure facilities available in nearby Currie and Juniper Green. The location benefits from regular bus services, convenient access to the City Bypass and Edinburgh city centre, and connectivity to Edinburgh Airport and the wider motorway network. The nearby Pentland Hills and surrounding countryside provide excellent opportunities for walking and outdoor recreation. Combining village convenience with access to the capital, Balerno remains an attractive location for homeowners and property investors alike. Council Tax Band C. Tenure is Freehold.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 600 sq ft

This two-bedroom cottage flat in Balerno was valued by examining regional market benchmarks for similar suburban properties. The property requires a comprehensive interior refurbishment following an assessment of its 3/10 condition score. Adjustments were made to account for the necessary repair work alongside the added benefits of a private garage and driveway.

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