Balcarres Street, Edinburgh, EH10 5JQ
Listed 12 Jun 2026 · price reduced 10 Aug 2026 · Edinburgh
How the price compares
Key features
- Buy-to-let Investment
- Tenanted & Fully Compliant
- 1 bedroom
- Home Report £160,000
- Current rental £856.40pm
- Current yield 6.6%
- Furnished let
- EPC Rating E
- 39 sq m
About this home
Situated within the highly desirable Morningside area of Edinburgh, this attractive ground floor flat offers an excellent opportunity to acquire a tenanted buy-to-let investment in one of the capital’s most sought-after residential locations. Built circa 1890, the property extends to approximately 39 sq m and comprises an entrance hallway, bright living room with kitchen off, double bedroom, shower cupboard, and separate WC compartment. The property benefits from timber framed double glazed windows, electric panel heating, hot water tank system, a new flat roof in 2025, and well-maintained communal garden grounds to the rear. The property is being sold with the tenants in situ, with the current tenant having been resident since 2019 and currently paying £856.40 per calendar month. The property is let fully furnished, and the sale price includes all inventory items, making this a straightforward turnkey investment opportunity. Morningside continues to be one of Edinburgh’s most prestigious and consistently desirable residential areas, renowned for its excellent amenities, independent cafés, restaurants, boutique shops, and strong transport links to the city centre. The area remains exceptionally popular with professionals, academics, and long-term tenants, supporting low void periods and resilient rental demand. Property values in the wider Morningside and south Edinburgh market have shown strong long-term growth over the past decade, underpinned by limited housing supply and continued demand for traditional properties in prime residential neighbourhoods. This makes the area particularly attractive for investors seeking a combination of stable rental income and long-term capital appreciation within one of Scotland’s strongest property markets.
Property details
- Property type
- Flat
- Tenure
- Freehold
- Garden
- Yes
Floorplan
Location
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1 on this map
- Slateford Station1.0 mi
- Haymarket Station1.4 mi
- Kingsknowe Station1.9 mi
Buying costs
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by Portolio, Edinburgh on Rightmove (original listing). First listed 12 Jun 2026; details checked 7 Nov 2026. Latest change: reduced on 10/08/2026.
Agent disclaimer
Disclaimer - Property reference 26054895. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Portolio, Edinburgh. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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