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See how verdicts work2-bedroom flat · EH45 8JF
Listing removedListed 170 days
Opportunity summary
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About
Welcome to 23 Old Town, Peebles Part of a handsome traditional building, this beautiful two-bedroom first-floor flat is set within the sought-after Peebles conservation area, offering a prime location and a move-in condition.
It features bright and airy rooms which are finished with a blank canvas of décor throughout, allowing new buyers to easily add their own stamp.
It boasts a modern open-plan reception area and kitchen, a quality bathroom, and lovely views of the surrounding area.
Take A Look Around A traditional shared stairwell leads up to the flat, with the front door opening into a hall that offers an inviting first impression.
Here, crisp white décor is warmed by four-panel wooden doors and timber-toned flooring. It has built-in storage and flows ahead into the open-plan kitchen and living room.
This south-facing reception area continues the attractive neutral styling, creating an immaculate aesthetic that is easy to dress.
The room is well-proportioned for comfy furnishings and it is further enhanced by the kitchen, which has a complementary colour scheme.
It incorporates base and wall cabinet in white alongside wood-toned worktops and on-trend splashbacks. An integrated oven and ceramic hob, a freestanding fridge and a washer/dryer are included.
The Bedrooms And Bathroom The two double bedrooms maintain the impeccable styling which enhances an airy ambience.
Both rooms are laid with soft carpets and both enjoy delightful views of Peebles’ traditional architecture.
The principal bedroom has the larger footprint, as well as a picture rail and a shelved recess. The interiors are finished by a modern bathroom with a three-piece suite and overhead shower.
Gas central heating and double glazing ensure year-round comfort and efficiency.
Tour The Grounds The home has a sunny communal garden and it is positioned within easy reach of lots of green spaces, as well as the River Tweed which has an idyllic riverside walk.
The surrounding countryside is also readily accessible, ensuring an ideal balance of town and country life. Unrestricted on-street parking is also available in the vicinity.
The Details All fitted floor and window coverings, light fittings, integrated kitchen appliances, a fridge, a washer/dryer, and a bedroom wardrobe to be included in the sale.
The sale of this property is not subject to an onward purchase Tell us about Peebles Nestled in the Tweed Valley within the Scottish Borders, the charming Royal Burgh of Peebles is a historic and picturesque town.
The town has been recognised as the ‘Top Independent Retailing Town in Scotland’ with a wealth of independent shops as well as a handful of high-street supermarkets, including a Tesco superstore, banks, and a post office.
The town is home to numerous top-quality restaurants, bars and cafés and is considered a cultural hub, with the distinguished Eastgate Theatre & Arts Centre hosting a wide range of events throughout the year.
There are also several annual festivals held in the town, including the Beltane Festival, the Peebles Jazz Festival and the renowned Arts Festival.
Situated on the banks of the River Tweed, famous for salmon fishing, and set within an area of outstanding beauty, Peebles promises a perfect base from which to enjoy all the countryside has to offer – from scenic riverside and parkland walks to horse riding and cycling.
There is also an 18-hole golf course within the town, as well as a leisure centre and a swimming pool.
For those with children, Peebles’ catchment area encompasses some highly-regarded schooling, from nursery to secondary level.
Peebles is also a popular Scottish Borders retreat for commuters, located just over 20 miles from Edinburgh city centre and within easy commuting distance from the city bypass, airport and motorway network.
Bedroom 1 3.45m x 4.18m Bedroom 2 2.1m x 3.6m Living/Dining/Kitchen 3.98m x 5.16m Bathroom 1.37m x 2.65m
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
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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.
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About 23d Old Town, Peebles EH45 8JF
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