2-bedroom flat · EH1 3NA
To rentListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pickard Property are delighted to bring this spacious 2-bedroom, first floor apartment to the rental market. Available 1st November, furnished.
Upon entry into the property you are immediately greeted by a wide and welcoming hallway from which all rooms are accessed.
The engineered hardwood flooring perfectly compliments the fresh off white walls and the warm, yet neutral décor would appeal to a wide tenant demographic.
The fully integrated kitchen, which sits off the hallway, comes with a host of modern-day appliances including dishwasher, fridge/ freezer and washer/dryer.
The living/dining room is spacious with a number of double-glazed windows allowing for an abundance of natural light.
Both double bedrooms come equipped with built in wardrobe storage space and the master benefits from a fresh, 3-piece ensuite.
The modern, family bathroom has also had a full refurbishment and comes with a shower over the bath. This apartment further benefits from gas central heating and double glazing throughout.
Gayfield Close is conveniently located to the north-east of the city centre within easy reach of the main retail and commercial thoroughfares of Princes Street, George Street and the newly refurbished St James Centre.
The area offers all the convenience of city centre living combined with the benefit of good local amenities.
There are a range of speciality shops, boutiques and fashionable bars and restaurants on Broughton Street and nearby Elm Row.
The delightful open green spaces of the Royal Botanic Gardens, St Mark's Park, Calton Hill and the impressive Water of Leith Walkway and cycle path are also close by and there are excellent bus services to the city centre and the tram terminus is minutes away on York Place.
This property is perfectly suited to a couple, sharing professionals or a small family and viewing is highly recommended to fully appreciate the accommodation that is on offer. EPC rating: C.
Landlord Registration Number: 525659/230/25062. Letting Agent Registration Number: LARN2506004.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About Flat 2, 2, Gayfield Close, Edinburgh
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