Calton Apartments, 44 Annandale Street, Edinburgh, City Of Edinburgh, EH7 4AZ

Property Information

Property description

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.
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

EPC for Calton Apartments, 44 Annandale Street, Edinburgh, City Of Edinburgh

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