£2,400,000

Property for sale

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Freehold

From

£2,400,000

(£4,752.48/sq. ft)

Property for sale

Calton Apartments, 44 Annandale Street, Edinburgh EH7

From 505 - 4,233 sq. ft

Available immediately

Local area information

Property location

Nearby amenities

  • St Mary's RC Primary School (Edinburgh) 0.2 miles
  • Leith Walk Primary School 0.2 miles
  • Edinburgh 0.6 miles
  • Leith Newhaven Harbour Ferry Landing 1.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Edinburgh to find out more about the local area.

Features and description

  • Freehold
  • Rarely available apartment block with 8x2 bedroom dwellings
  • Well located only just off Leith Walk and within close proximity to St. James Quarter
  • Easily accessible with bus routes directly outside and the nearby tram route
  • Current Gross Income from long let prt's c £125,000
  • Recent letting indicating reversion to £140,000
  • Formerly a Serviced Apartment block with great opportunity to return to this (STP)
  • Offers over £2,400,000
The properties, formerly known as Calton Apartments,
form a residential block comprising 8 x 2 bedroom
apartments accessed off a centrally located stairwell
and forming a single block.

The premises are 4-storey in nature to the front with
car ports underneath the subjects to the rear. The
building is constructed of brick and stone with an
element of rough cast rendering to the rear, being
surmounted by a pitched and tiled roof.

Internally there are two
apartments per floor, each being
well presented with two floor plate
types benefitting from separate
galley kitchen or open plan
kitchen/living space.

The block is currently all on longer term Private
Residential Tenancies (prt's) though up until 2020 it
was operated fully as a Serviced Apartment block on
short term tenancies.

Subject to planning this could be a great opportunity
for an investor to change this back to Short Term Lets
or utilise as an Aparthotel.

Floor plans and tours

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Graham + Sibbald. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Graham + Sibbald for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Edinburgh
  4. Edinburgh
  5. Edinburgh North
  6. Annandale Street