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See how verdicts work3-bedroom flat · EH10 4AL
For saleReduced £10k (−2.2%) on 29 SepListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
MacWood Properties are delighted to present this exceptionally spacious three-bedroom flat, located within a handsome traditional tenement in a sought-after residential street in beautiful Morningside.
Benefiting from a current HMO licence for three occupants, this versatile property offers broad appeal to investors, parents seeking accommodation for university-aged children, as well as couples and small families looking for a stylish home in an excellent school catchment area.
Internally, the accommodation is generously proportioned throughout. A welcoming entrance hall provides ample storage with convenient cupboards.
The impressive living and dining room is a standout feature of the home, boasting a beautiful bay window, elegant cornicing, a feature fireplace, and a traditional Edinburgh press, all of which combine to create a wonderful blend of period charm and contemporary living.
Situated just off the living room, the modern kitchen is fitted with sleek white gloss units, a stylish metro tile splashback, and a practical breakfast bar which provides an ideal setting for informal dining and a wonderful space for entertaining.
There are three well-proportioned double bedrooms, offering flexible accommodation for sharers, guests, or family living.
One of the bedrooms benefits from a contemporary ensuite shower room, while the main bathroom is finished to a modern standard and includes a shower over the bath.
The property is accessed via a well-maintained communal stair and also enjoys access to a shared rear garden. On-street residents’ permit parking is also available.
Falcon Avenue is superbly positioned within the highly desirable Morningside area, renowned for its excellent selection of independent cafés, restaurants, boutiques, and everyday amenities.
The property is within easy reach of beautiful green spaces including Bruntsfield Links and The Meadows, while excellent public transport links provide quick access to the city centre, Edinburgh’s universities, and further afield.
For families, the property falls within the catchment areas for the highly regarded Canaan Lane Primary School/Bruntsfield Primary School, and the exceptionally sought-after Boroughmuir High School, making it an outstanding long-term residential choice as well as an attractive investment opportunity.
Combining generous proportions, attractive period features, modern finishes, and a highly sought-after location, this is a rare opportunity to acquire a flexible three-bedroom property with genuine appeal to a wide range of purchasers.
Early viewing is highly recommended. Factoring/communal costs: These particulars are for guidance only and do not form part of any contract.
While MacWood Properties strives for accuracy, all details should be independently verified.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short let unlikely to be allowed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 31/4, Falcon Avenue, Edinburgh
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