A dated fixer upper on Leith Walk has hit the market for £165,000 and it could be the perfect first project for a young buye r or experienced investor.
The one-bed Victorian flat is situated at the Foot of Leith Walk and the interior looks as though it has been completely stripped back. Some of the colours used in the kitchen area and living room could be described as garish with pink bricks surrounding the blocked up fireplace and lime green walls and tiles above worktops.
Floorboards are visible in every room and the property appears to need extensive work in order to bring the decor into the 21st century. The bathroom is also extremely unique with a pink toilet, sink and bathtub encased by pink tiles.
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It is positioned on the first floor of a traditional tenement and has a number of local amenities on its doorstep. There is also a mutual garden to the rear of the property.
Edinburgh’s city centre is located just ten minutes walk from the home and there are several reliable bus services that could connect young professionals or students to facilities in the capital. Drummond Miller, who are advertising the property on rightmove, have also said that there is ample opportunity to turn the flat into a two bed with some creative work.
On the property, they say: “This large one-bedroomed Victorian flat is an opportunity for purchasers or investors prepared to undertake a complete renovation project. Its current layout (68qm) offers the potential to create a second bedroom by the formation of an internal kitchen (subject to necessary consents).
“The property is positioned on the first floor of a traditional tenement and benefits from a dual aspect, original cornicing and high skirtings. It has a lengthy T-shaped entrance hall, living room, a separate kitchen with window, double bedroom and bright bathroom.
“There is also a handy walk-in storeroom and versatile box-room (with power and borrowed light). Electric storage heaters and two fan heaters are installed. There is a mutual garden to the rear of the tenement.
“The property is found at the Foot of the Walk and right beside a new tram stop on the line extension. Part of a protected Conservation Area, Leith Walk is an exceptionally popular choice for buyers and landlords alike.
“This broad street is vibrant, being lined on both sides by cosmopolitan restaurants, traditional and contemporary bars, coffee shops, delicatessens and individual shops. Within close proximity is a large Tesco supermarket and the many attractions on The Shore (Edinburgh’s waterfront) is a short walk away.
“In its current condition, the property has been valued at £175,000 and its Home Report is available from the ESPC web site. It is in Council Tax band B and currently has an E-rated Energy Performance Certificate.”
You can view the property on Rightmove by clicking here.
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