2-bedroom flat · EH3 5HE
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Forming part of a traditional stone-built tenement, this appealing second-floor flat offers well-presented accommodation extending to approximately 54 sq m.
The property combines period character with modern comforts, making it an ideal purchase for first-time buyers, professionals, or investors.
The accommodation is entered via a welcoming entrance hall which provides access to all principal rooms.
The bright living room is a particularly attractive reception space, featuring a bay window which draws in an excellent level of natural light, together with an open fireplace which creates a charming focal point.
The fitted kitchen provides good storage and workspace. There are two comfortable bedrooms, with the second offering flexibility as a home office, study, or guest room.
Further accommodation comprises a shower room and a separate WC, providing additional convenience for day-to-day living.
Additional benefits include gas central heating, fully double-glazed timber sash and case windows, a secure entry phone system, and access to shared rear garden grounds.
Presented in good decorative order throughout, the flat offers an appealing balance of traditional character and modern convenience, together with a practical layout suited to a variety of lifestyle requirements.
Location Canonmills is situated just to the north of the city centre and only a short walk to the commercial heart of Edinburgh, Princes Street and George Street.
Canonmills offers all the convenience of city centre living combined with the benefit of good local amenities.
There is an array of high quality restaurants, bars and shops in the surrounding area, especially on nearby Broughton Street.
There is a Tesco Superstore conveniently located on Broughton Road, and a Waitrose supermarket can be found a short drive away at nearby Comely Bank.
The delightful open spaces of the Royal Botanic Gardens, Inverleith Park, King George V Park and the impressive Water of Leith walkway and cycle path, are also within close proximity.
There are excellent bus services to the city centre, and Waverley rail station, tram stop at Piccardy Place and St Andrews Square bus station are also within walking distance.
Extras The items included in the sale of the property are the carpets, fitted floor coverings, integrated appliances, light fittings, and fixtures.
The free-standing fridge freezer is also included in the sale. Furniture may be available by separate negotiation. Council Tax band B Any offers should be submitted to
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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 11 (2f2) Canon Street, Edinburgh, EH3 5HE
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