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See how verdicts work2-bedroom flat · EH3 9GU
For saleReduced £5k (−1.3%) on 20 AugListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Forming part of the prestigious Quartermile development, nestled on the edge of the green open space of The Meadows, sits the beautifully presented, stylish and sophisticated 16/7 Simpson Loan.
Designed with contemporary living in mind, the apartment features well-proportioned accommodation, filled with natural light and fitted with high specification fixtures and fittings throughout.
Ideal for those seeking an easy-to-maintain city home or elegant pied-à-terre, the development offers a range of premium facilities including a concierge service, video entry system, and lift access.
The bright, open plan sitting room / dining / kitchen has an outlook over the manicured communal grounds, which sweeps across to the Meadows and up to the Pentland Hills beyond.
Beautiful wood flooring bounces yet more light into the room.
Finished to a high standard, the kitchen area has handleless wall and base mounted cabinetry fitted which incorporate a Siemens Hob, double oven, fridge/freezer and dishwasher.
There are two bright, generously proportioned double bedrooms with large floor-to-ceiling windows with sliding doors and fitted wardrobes.
A modern, stylish en-suite (with a large rainfall shower enclosure, WC and wash hand basin) is located off the principal bedroom and there is separate bathroom (with shower over), WC and wash hand basin.
Both bathrooms have elegant, mirrored cabinetry with under unit lighting and heated towel rails. Further storage is in the hall which also houses the washer dryer.
Heating and hot water is provided by an Heat Interface Unit (hiu). The building is professionally managed, ensuring a high standard of care year-round.
For those in need of parking, residents' permits are available, and spaces in the secure underground car park are often available to rent.
The factor is Spiers Gumley and the quarterly factoring costs - which include 24-hour on-site concierge, cleaning and maintenance of communal areas, upkeep of the grounds and window cleaning - are approximately £800.
Further details regarding the factor charges, buildings insurance and sink fund are available within the Home Report.
The Local Area Situated within the Marchmont, Meadows & Bruntsfield Conservation Area, The Quartermile is an exclusive, award-winning city centre development, perfectly positioned within walking distance of the capital's commercial, financial and cultural hotspots.
Within the immediate area, residents have access to a fantastic selection of eateries and coffee shops as well as a Pure Gym and Sainsburys Local.
It borders the delightful open spaces of The Meadows which boasts a tennis club, playparks and excellent walking/cycling routes.
The property is also conveniently located for the University of Edinburgh and the many attractions of Edinburgh's historic Old Town which is a unesco World Heritage site home to The Royal Mile and iconic Edinburgh Castle.
Thanks to its central location, the area enjoys excellent public transport links throughout the city and beyond.
The City Bypass, Edinburgh Airport, Forth Road Bridge and the M8/M9 networks are also within easy reach. Edinburgh Waverley railway station is just a 15-20 minute walk away.
Extras All blinds, curtains, fitted flooring and integrated appliances are included in the sale price. The furniture is available by separate negotiation. Viewing By appt with Coulters.
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
Set an offer; the calculator follows it.
Short let unlikely to be allowed
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.
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FAQ
About Flat 16, 7, Simpson Loan, Edinburgh
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