2-bedroom bungalow · EH32 9PU
Listing removedListed 133 days
Opportunity summary
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About
This is a traditional semi detached villa offering generously proportioned (62m sq) accommodation on a popular estate close to excellent local amenities and train station.
The accommodation, now requiring some modernisation and upgrading but benefitting from gas central heating and double glazing throughout.
It comprises an entrance hall, front facing livingroom with gas fire, modern fitted kitchen/diner with integrated appliances and door to the garden, two double bedrooms, one with fitted wardrobes and finally, a modern fully panelled wetroom with two piece white suite, electric shower, curtain and rail.
The property has a large pebbled front garden which offers off street parking for a number of cars.
A gate leads from the front garden to the larger, fully enclosed, rear garden which is paved and has a wooden summerhouse which is in a poor state of repair and a wooden shed.
The historic town of Prestonpans is situated on the southern shore of the Firth of Forth surrounded by unspoilt countryside.
The town is an extremely popular commuter base, being only three miles beyond Musselburgh and close to the A1 which links quickly and easily with Edinburgh City Centre via the City Bypass as well as having a railway station which gives access to central Edinburgh in around fifteen minutes.
There are a number of local shops including a supermarket, schools and other social amenities within the town.
Further shopping can be found a short distance away at Fort Kinnaird Retail Park, Newcraighall, which offers a selection of “High Street” shops and superstores.
A variety of leisure facilities are available in the area including Prestonpans swimming pool, a choice of golf courses and several sandy beaches. Viewing By appt tel Agents EPC Rating EPC rating: C
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.
Area
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FAQ
About 16, Polwarth Terrace, Prestonpans
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