1-bedroom flat · EH6 5EP
Sold STCListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to a one-bedroom ground-floor city flat set within a traditional tenement building just moments from Leith Walk, where a wide array of popular restaurants, bars, and cafes await.
Pilrig Park is also a mere stroll away, along with regular bus and tram links providing a swift commute to the city centre and airport.
The home itself is beautifully presented in light hues, providing an open-plan living area and modern kitchen, a well-proportioned bedroom, and a quality bathroom.
It also has access to a shared garden and to controlled permit parking.
Extras: all fitted floor and window coverings, light fittings, a fridge/freezer, and a washing machine to be included in the sale.
Features A traditional ground-floor flat in Leith Forms part of a conservation area Near superb amenities and transport links Lightly decorated interiors throughout Secure telephone-entry system Welcoming entrance hall with storage Open-plan kitchen/living/dining room Double bedroom that is bright and airy 3pc bathroom with an overhead shower Communal garden to the rear Controlled permit parking (Zone N7) Gas central heating and double glazing Area, Pilrig, Edinburgh Situated between the vibrant districts of Leith and Broughton, Pilrig is a highly desirable residential area offering the perfect balance of city convenience and neighbourhood charm.
Just over a mile from Edinburgh City Centre, the area enjoys excellent connectivity while retaining a peaceful, community feel. Pilrig benefits from a superb selection of local amenities.
Nearby Leith Walk offers an eclectic mix of cafés, restaurants, independent shops and everyday conveniences, while the cosmopolitan Shore area provides stylish waterfront dining and bars.
Residents are also within easy reach of the St James Quarter and the renowned shopping and leisure facilities of the city centre.
For outdoor space, the attractive Pilrig Park offers beautifully maintained green space ideal for walking, relaxing and recreation.
The historic Calton Hill and the open green expanses of Holyrood Park are also easily accessible.
Transport links are excellent, with regular bus services and the nearby tram providing swift access to the city centre, Edinburgh Waverley Station and Edinburgh Airport.
The area is also well positioned for road links out of the city.
Combining traditional tenement architecture with modern developments, Pilrig appeals to a wide range of buyers including professionals, first-time purchasers and investors seeking strong rental demand in a central yet residential setting.
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 Balfour Street, Pilrig, Edinburgh, EH6
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