1-bedroom house · EH10 5HU
For saleListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Updated One Bed First Floor Flat on Sunny South Side of Prestigious Retirement Development in Morningside Beautifully presented property located in this very popular retirement development for over 60’s, quietly situated down a cul de sac off the main Morningside Road.
The flat itself has been upgraded over recent years with a contemporary kitchen, a modern bathroom, large sitting/dining room with Juliet balcony overlooking the well-maintained gardens, a double bedroom with fitted wardrobe and a handy storage cupboard.
The development is well managed with numerous residents’ facilities.
There are a wide array of retail outlets, coffee shops, bars, restaurants & transport links nearby, together with some lovely open spaces for walks.
There is also easy access to a range of gyms & golf courses. This property is perfect for those looking for a quiet life but with lots of amenities on your doorstep.
Hall with large storage cupboard housing the hot water tank Bright, spacious sitting/dining room with feature fireplace & electric fire and South facing Juliet balcony Contemporary kitchen with good range of taupe coloured units & integrated appliances Double bedroom with fitted wardrobe Modern bathroom with walk-in shower, vanity sink unit & wc Double glazed windows Communal residents’ lounge with handy kitchen area Well maintained south facing landscaped gardens Off street parking for residents & visitors First Port manage the development at a cost of £1,071 every six months to cover a part-time House Manager, a 24-hour careline service, a residents' lounge, a bookable guest suite, a laundry room, maintenance of the building, lift & grounds and block buildings insurance Morningside is a very prestigious area in the south of the city which offers a wide range of supermarkets (including Waitrose and M&S Simply Food), independent retailers, speciality food stores, coffee shops, bars & restaurants.
There are superb amenities within a few minutes’ walk, including a library, the very popular independent Dominion Cinema & Church Hill Theatre, together with a good range of gyms/leisure facilities & golf courses a short drive away.
The flat is also well placed for lots of walks and open spaces including Morningside Park, Hermitage of Braid, Braid Hills, Blackford Hill & Pond and Braidburn Valley Park.
There is easy access into town via the numerous bus services, and out of town to the city bypass and the motorway network beyond.
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 14/12 Maxwell Street, Edinburgh, EH10 5HU
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