This expansive second-floor apartment, located in the desirable Morningside area, presents a remarkable opportunity for renovation and investment. Spanning approximately 118 sqm, this five-bedroom residence boasts a wealth of charming original features such as lofty ceilings and detailed cornicing that add character. The traditional tenement is accessed through a secure entry system leading to a well-kept stairwell. Inside, the layout includes an inviting hallway, a spacious living area, five generously sized bedrooms, and a bathroom, providing ample flexibility for various living arrangements or rental configurations. The property also offers access to a maintained communal garden, providing an attractive outdoor space for relaxation. Although some light cosmetic updates are needed to modernize the interiors, this property holds great potential for either creating a custom home or capitalizing on its strong HMO investment capability with projected rental returns between £3,300 and £3,400 per month (pending licensing). Notably, there’s an existing HMO license that could facilitate an immediate rental process for the next owner who will need to confirm licensing requirements with the Edinburgh Council. Situated in lively Morningside, residents enjoy numerous amenities including supermarkets like Waitrose and Tesco as well as local boutiques and dining options. Access to excellent schools and public transport links further enhance its appeal while ensuring connectivity to Edinburgh city centre and surrounding regions.
