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Description

  • Status: Available
  • Type: Flat
  • Ownership: Freehold
  • Occupation: Vacant
  • Bedrooms: 1
  • Council Tax: Search

***ONE BEDROOM GROUND FLOOR FLAT in the GORGIE district of EDINBURGH*** PRIME AUCTION ENTRY. Requires a degree of refurbishment. HIGH YIELD - Realistic rent of up to £12,000 pa (after refurbishment).

COMPRISES: hallway, double bedroom livingroom/kitchen, box room & bathroom. Gas central heating & double glazing. Benifits from a small front garden. RICS QUALIFIED HOME REPORT VALUATION OF £155,000

**BUY TO LET HIGH YIELD INVESTMENT OPPORTUNITY** Realistic rental demand in this area of up to £1000 per calender month, which would give an EXCELLENT YIELD OF upto 10% if achieved for the Guide Price

SALE EVIDENCE:- Pf1, 1, Wheatfield Terrace £150,000 Jun 2025: 2f4, 2, Wheatfield Terrace £169,000 Nov 2024: 1f1, 5, Wheatfield Street £159,997 Dec 2024: 3f2, 2, Wheatfield Terrace £153500 Mar 2023

Gorgie Road has a vibrant atmosphere, and provides extensive local amenities along its length, with a Sainsbury’s and ALDi in Gorgie, and a 24-hour ASDA at Chesser providing superstore shopping.

***ONE BEDROOM GROUND FLOOR FLAT in the GORGIE district of EDINBURGH*** PRIME AUCTION ENTRY. Requires a degree of refurbishment. HIGH YIELD - Realistic rent of up to £12,000 pa (after refurbishment). RICS QUALIFIED HOME REPORT VALUATION OF £155,000 COMPRISES: hallway, double bedroom livingroom/kitchen, box room & bathroom. Gas central heating & double glazing. Benifits from a small front garden. **BUY TO LET HIGH YIELD INVESTMENT OPPORTUNITY**. EXCELLENT LOCAL SALE EVIDENCE;- Pf1, 1, Wheatfield Terrace sold for £150,000 Jun 2025: 2f4, 2, Wheatfield Terr' sold for £169,000 Nov 2024: 1f1, 5, Wheatfield St, sold for £159,997 Dec 2024: 3f2, 2, Wheatfield Terr £153500 Mar 2023. **BUY TO LET HIGH YIELD INVESTMENT OPPORTUNITY** Realistic rental demand in this area of up to £1000 per calender month, which would give an EXCELLENT YIELD OF upto 10% if achieved for the Guide Price Gorgie Road has a vibrant atmosphere, and provides extensive local amenities along its length, with a Sainsbury’s and ALDi in Gorgie, and a 24-hour ASDA at Chesser providing superstore shopping. Home to Heart of Midlothian Football Club, there are a number of leisure opportunities including Gorgie Farm, Dalry swimming pool, Craiglockhart Sports Centre, and Fountain Park with a multi-screen cinema, fitness centre and numerous restaurants. Frequent bus services are available from Gorgie Road, whilst Haymarket Station, Napier and Heriot-Watt universities and Edinburgh College are also within easy reach.

Gorgie is one of the city’s most popular residential districts lying within walking distance of Edinburgh’s West End and Princes Street. The area comprises a variety of property styles, the majority of which are substantial stone-built tenement properties built around the turn of the century, most of which have been fully refurbished in recent years. The area offers an exceptionally wide choice of shopping facilities and these can supply every possible daily requirement. There are local Post Office services with a full choice of banking and building society services within the immediate vicinity. Should more specialised shopping be required, the West End and Princes Street are only approximately five minutes away using one of the many and frequent bus services that pass down Gorgie Road. Haymarket Railway Station is also within close proximity of the property. Edinburgh’s entertainment facilities tend to be very highly concentrated at the West End. There are theatres and cinemas, the Usher Hall, all manner of hotels, restaurants and bars along with sports facilities and health clubs. If the return trip on foot is out of the question, a taxi trip will be extremely quick and inexpensive. The Western Approach Road passes conveniently nearby and this gives quick and easy access to the western part of the cityand the motorway system leading directly onto all major centres of population.

Full Address: 2 Wheatfield Terrace, Flat 3, Gorgie, Edinburgh, EH11 2PA

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Pricing Information & Bidding

Opening Bid: £124,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Terms of Sale

  • 10% Deposit (Minimum £3,000)
  • Standard Completion (Unless specified differently in any Special Conditions of Sale)
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)

STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer.

* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.

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Auction Details

Date & Time: 29 January 2026, 10am-3pm
Type: Timed Online Auction

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