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Colonsay Close, Edinburgh, EH5
For saleReduced 4 Jun 2026
£170,000Fixed price

Colonsay Close, Edinburgh, EH5 1BT

2bedrooms
1bathroom
Flattype
Freeholdtenure

Listed 17 Apr 2026 · price reduced 4 Jun 2026 · Edinburgh

How the price compares

This home£170,000
Median 2 bed in EH5£225k7 homes listed · £325 per sq ft
Difference-24%below the area median

Key features

  • Buy-to-let Investment
  • Tenanted & Fully Compliant
  • 2 bedrooms
  • Home Report £180K
  • Current Yield 7.8%
  • Current rental £1100pm
  • Furnished let
  • EPC Rating B
  • 54 sq m

About this home

This modern third-floor apartment, set within a well-maintained development built circa 2007, offers an excellent opportunity to acquire a tenanted buy-to-let investment in a popular residential area of Edinburgh. The property comprises an entrance hallway, open-plan living room/kitchen, two bedrooms, and a bathroom with WC. The development benefits from a communal entrance hall, stairwell, and lift access, along with a basement-level garage, adding to its appeal for tenants. Further benefits include uPVC double-glazed windows, a gas-fired central heating system, and an excellent EPC rating of Band B, supporting energy efficiency and long-term rental demand. The property is being sold with the tenants in situ, who have been in residence since August 2023, currently paying £1,100 per calendar month. The Home Report value is £180,000, offering an attractive entry point for investors seeking stable income in the capital. The block factoring charge is approximately £2000pa.  Colonsay Close is located within the desirable Trinity / Newhaven district of north Edinburgh, an area that continues to see strong demand from professionals and families due to its coastal setting and proximity to the city centre. Excellent transport links, including nearby tram and bus routes, provide easy access to central Edinburgh and beyond. The area benefits from a wide range of local amenities, waterfront walks, cafés, and green spaces, as well as close proximity to the Shore and Leith’s vibrant social scene. With ongoing regeneration across north Edinburgh and continued demand for modern, energy-efficient homes, this location offers investors a compelling combination of strong rental demand, lifestyle appeal, and long-term capital growth potential.

Property details

Property type
Flat
Tenure
Freehold
Parking
Yes

Floorplan

Floorplan 1

Location

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  • Haymarket Station2.6 mi
  • Edinburgh Waverley Station3.0 mi
  • South Gyle Station3.3 mi

Buying costs

Monthly repayment£850£17,000 deposit · £153,000 loan
LBTT£500Scotland rates

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 17 Apr 2026; details checked 7 Nov 2026. Latest change: reduced on 04/06/2026.

Agent disclaimer

Disclaimer - Property reference 29802410. 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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