£119,000 /Sale price

** SALE BY AUCTION - 16 October 2025 - Timed Online Auction *****FREEHOLD tenanted investment property located in desirable location of Edinburgh*** Main door ground floor flat within traditional tenement building*** ***Offered with a guide price £30,000 below home report value giving a substantial discount*** *****IMMEDIATE EQUITY***** ***Sold with existing long term tenant in place. Current rent £650 per month with £700 per month from October 2025***Long term potential to substantially increase rental revenue*** ***Potential to convert to STL style property (STL) with main door access. Massive demand for short term accommodation in Edinburgh with premium nightly rates being paid*** ***Recent sales evidence. 57 Restalrig Road July 2024. £245,050. 57 Restalrig Road June 2024. £213,000. Sought after area with high demand from buyers and tenants***Restalrig is a residential area lying to the east of Edinburgh city centre. There is a good selection of local shops, and the area has excellent transport links across the city. Meadowbank Sports Stadium is on the doorstep which has a wide range if indoor and outdoor leisure and sport facilities. Meadowbank Retail Park is also close to the property with a good selection of high street retailers. For those who enjoy the outdoors, Holyrood Park and Arthura??s Seat are close by where there are lovely walks and cycles. All of this makes Restalrig an attractive location and a great place to live.Auction Details16 October 2025, 10am-3pm Timed Online AuctionHow to Bid Now Submit an enquiry now or visit our website for full details on how to BID ON THIS PROPERTY.Future Property Auctions - Scotland's Largest Land and Property Auction House. Over 400 lots auctioned every 2 weeks including flats, houses, land & commercial.Get a Fast Sale and a Fair Price with Future Property Auctions. Contact Us now for a FREE Auction Valuation.