£159,995
Portolio
Balcarres Street, Edinburgh, EH10 5JQ
Property key facts
Bedrooms
1Bathrooms
1Internal area
—Property type
FlatYear built
Ask Agent
£159,995
Portolio
Bedrooms
1Bathrooms
1Internal area
—Property type
FlatYear built
Ask AgentSituated within the highly desirable Morningside area of Edinburgh, this attractive ground floor flat offers an excellent opportunity to acquire a tenanted buy-to-let investment in one of the capital’s most sought-after residential locations. Built circa 1890, the property extends to approximately 39 sq m and comprises an entrance hallway, bright living room with kitchen off, double bedroom, shower cupboard, and separate WC compartment. The property benefits from timber framed double glazed windows, electric panel heating, hot water tank system, a new flat roof in 2025, and well-maintained communal garden grounds to the rear.
The property is being sold with the tenants in situ, with the current tenant having been resident since 2019 and currently paying £856.40 per calendar month. The property is let fully furnished, and the sale price includes all inventory items, making this a straightforward turnkey investment opportunity.
Morningside continues to be one of Edinburgh’s most prestigious and consistently desirable residential areas, renowned for its excellent amenities, independent cafés, restaurants, boutique shops, and strong transport links to the city centre. The area remains exceptionally popular with professionals, academics, and long-term tenants, supporting low void periods and resilient rental demand. Property values in the wider Morningside and south Edinburgh market have shown strong long-term growth over the past decade, underpinned by limited housing supply and continued demand for traditional properties in prime residential neighbourhoods. This makes the area particularly attractive for investors seeking a combination of stable rental income and long-term capital appreciation within one of Scotland’s strongest property markets.
Electricity
—Water
—Heating
—Sewerage
—| Private rights of way | No |
|---|---|
| Public rights of way | No |
| Listed property | No |
| Restrictions | No |