1-bedroom house · EH10 5JD
For saleListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within a modern retirement development, this generously sized fourth-floor flat is located in the highly desirable area of Morningside, offering easy access to a variety of local amenities and excellent public transport connections to the city centre and surrounding areas.
The accommodation comprises; a secure entry system with a lift giving access to all levels, welcoming entrance hallway, spacious living room, separate fitted kitchen, one double bedroom and a shower room.
Externally, there is a well-maintained communal garden to the rear of the property and there is a private residents' carpark that provides off-street parking.
The property features double glazing, gas central heating and excellent storage throughout.
Included in the sale are the; fitted carpets and floor coverings, curtains, oven, hob, hood, washing machine, dishwasher, tumble dryer and light shades.
All appliances included in the sale are sold as seen with no warranty provided. There is a factoring fee payable to McCarthy Stone Managment Services of approx. £244.44 per month.
Tenure - Freehold Council Tax Band - D
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 restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 28, 21 Balcarres Street, Morningside, EH10 5JD
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