Property Details

3 bedroom house for sale For Sale

EH4 489, Queensferry Road, Parkgrove, Clermiston, City of Edinburgh, Alba / Scotland, EH4 7QE, United Kingdom

£650,000

ROI = 4% BMV = -9.73%

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Description

This mixed-use property, in a prime Edinburgh location, with development potential presents an excellent opportunity for both investors and business owners.The ground floor is a prominent commercial unit (approximately 500 sq ft), benefiting from excellent street frontage and visibility. The spacious commercial unit is currently set up as a beautician, making it ideal for retail, professional services, or office space, with excellent frontage and visibility due to consistent passing traffic and a strong local presence. Above the commercial space, the residential section is made up of 3 double bedrooms, living room, kitchen and shower room. While the space would benefit from refurbishment, the proportions are generous, offering the ideal canvas for reconfiguration. There is further potential to extend into the attic space (subject to planning permission), this area could be transformed into a larger, modern living space, making it a significant city apartment. To the rear of the property, a series of outbuildings—currently in need of repair/rebuild—offer further scope for development. These could be incorporated into the main structure or adapted for standalone use, enhancing either the commercial or residential elements depending on the buyer’s vision. Situated within an established and vibrant area of the city, Queensferry Road is a key route into Edinburgh, surrounded by a blend of independent businesses and residential properties. This location not only offers excellent connectivity, but also presents a built-in audience for any commercial venture.Queensferry Road is part of the main access route into Edinburgh and as such is well connected to the city with significant passing traffic and potential trade. The immediate area has various small businesses and is surrounded by residential properties providing a captive market for small business ventures. Residential property is always in high demand in Edinburgh and given the right expertise this site has significant scope for further growth if approached correctly. Great access to the city centre and beyond make it an ideal spot for both business and residential development. Everything you need is within a 15 minute journey:Craigleith Retail Park - 6 Minute WalkComely Bank Dental Practice - 5 Minute DriveDavidsons Mains Medical Centre - 4 Minute DriveMurrayfield Golf Club - 4 Minute DriveSainsbury’s - 2 Minute DriveDine Murrayfield - 5 Minute DriveCafe Andaluz Stockbridge - 5 Minute DrivePureGym - 8 Minute WalkEdinburgh Airport - 12 Minute Drive EPC Rating: D

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