Location

Situated in the Eastern end of Edinburgh's New Town just off Albany Street, York Lane is within striking distance of the St James Quarter development and prime city centre amenities. A prime position for any parties either travelling in and out of the city by road , rail or tram or working at the nearby office centres like St Andrew's Square or Haymarket, transport options are extremely flexible.

Situated within the New Town Conservation Area the property is within a short walking distance of John Lewis, Harvey Nichols, Multrees Walk and the city centre's fashionable George Street.

Nearby Broughton Street also offers an excellent array of smaller shops, popular restaurants and bars.

Many popular and beautiful areas of the city are within easy walking distance including access to the Edinburgh Cycle Paths and Water of Leith Walkway.

The Royal Mile, Calton Hilll, Stockbridge, Royal Botanic Garden and many of the city's cultural venues including the National Portrait Gallery and the Playhouse Theatre are easily accessible.

The property is conveniently located for road access to both the east and west of the city, as well as the tram with services connecting directly to Edinburgh Airport and Newhaven within thirty minutes.

Access to the lovely amenity grounds of Queen Street Gardens East is available upon payment of a modest fee while additional resident's permit parking is also available through Edinburgh Council

Description

7 York Lane is a bright and immaculately presented Mews house on a quiet and ideally located lane in the desirable East New Town area. The property offers comfortable modern living for those seeking city centre life, permanently or occasionally in a convenient and well-connected location along with private off-street parking for two cars.

An exemplary option for the investor, this property has achieved very strong rental occupancy in the holiday let market previously even before the upgrade to the local transport network with access to Edinburgh Airport now within thirty minutes right on the doorstop. Figures can be further provided to interested parties of past income and expected long term rental rates will produce an expected return of over 6%. Ready to move in with furniture by separate negotiation available, there is no chain and so investors can look to capitalise on securing a tenancy quickly.

On the ground floor you enter a modern and cleanly presented kitchen with modern appliances. Benefitting from additional storage, this floor also houses the property shower room and bathroom. Moving to the upper level the generous living room with its south facing windows draw natural light into the space.   

The upper floors comprise a primary double bedroom and an ample single secondary bedroom with high ceiling on half landing below. All rooms come with built in wardrobes and are presented very cleanly in move in condition.

A huge benefit to this property and rarely available in this area is private off-street parking to the rear of the property. Residents permit parking is also available on street (subject to a modest fee) and the property is within walking distance to world class amenities and transport links both within the city and for travel further afield.