Edinburgh New Town

45 Heriot Row

Premium Location
45 Heriot Row - Image 1
1 / 4
Bedrooms
3
Bathrooms
2
Type
Flat

About This Property

A stunning Georgian flat in Edinburgh's coveted New Town, offering the perfect blend of historic charm and modern investment potential. This property features original period details including cornicing and fireplaces, while being just minutes from Princes Street and Waverley Station. The area's UNESCO World Heritage status ensures long-term capital preservation, while strong demand from professionals and tourists provides excellent rental opportunities. With planned tram extensions and ongoing heritage projects, this location continues to strengthen its position as one of Scotland's premier addresses.

Property Details

Square Feet1200 sq ft
EPC RatingC
Council TaxBand E
Tenurefreehold
Year Built1825
Statusavailable

Key Features

  • Period features
  • Central location
  • High rental demand

Investment Summary

Purchase Price
£325,000
Annual Yield
6.5%
Monthly Rent£1750
Annual Income£21,000
Price per Sq Ft£271
31 viewings scheduled for this property
3 people viewing right now
15 investors interested in this property
High demand property
Viewings
31
Interested
15
Days Listed
14

Price Comparison

This Property
£325,000
£271 per sq ft
Area Average
£350,000
£292 per sq ft
Price vs. Area Average
-7.1% (Below Market)
Yield Comparison
6.5%
+0.7%
Area avg: 5.8%
Value Rating
Good Value

Investment Insight

This property is priced below the area average while offering above-average yields, making it an attractive investment opportunity.

Investment Scenarios

Down Payment
£65,000
20% of purchase price
Monthly Mortgage
£1,520
At 5% over 25 years
Monthly Cash Flow
£-90
Annual: £-1,079
Cash-on-Cash Return
-1.7%
Year 1
Projected Return
3.5%
Year 5

Scenario Assumptions

  • Mortgage rate: 5% over 25 years
  • Annual rent increase: 3%
  • Down payment: 20% (£65,000)
  • Monthly expenses: £320

Recent Activity

Premium property attracting high interest

7 Dec 2023

New Town prices up 4.5% this quarter

1 Dec 2023

Received offer below asking price

20 Nov 2023

Showing 3 recent activities

Property Documents

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Edinburgh New Town
£325,000
6.5% yield