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See how verdicts work3-bedroom flat · EH3 5EP
For saleReduced £20k (−3%) on 21 OctListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A generously proportioned first floor apartment, forming part of an exclusive Applecross development and enjoying a superb central location in Edinburgh’s iconic New Town.
The property further benefits from an allocated parking space and a useful external storage cupboard, while an excellent selection of shops, cafés and everyday amenities lie quite literally on the doorstep.
Frequent bus services provide swift access into the city centre.
Beautifully presented throughout, the accommodation offers a highly versatile layout ideally suited to professional couples, as well as those seeking to downsize without compromising on comfort or living space.
The property is accessed via secure entry and lift and briefly comprises an entrance hallway with ample built-in storage and utility, generously sized dual aspect reception room with wood flooring, fresh neutral décor and sliding doors opening out onto a private balcony.
Open plan to a high spec modern kitchen complete with central island, an assortment of base and wall units, glass splashback and a range of good quality integrated appliances.
There is a large principal bedroom with two fitted wardrobes and a stylish contemporary en-suite, two further good sized double bedrooms both with wardrobes and one with an additional en-suite, and finally a beautiful bespoke family bathroom with countertop basin, useful storage, WC and over-bath shower.
There is a substantial south facing communal terrace to the rear of the building, featuring a decked area and a variety of planted beds.
The property boasts its own secure underground parking space together with a useful lock up store.
The lift, carpark and communal areas are managed by Hacking and Patterson, the current charge is approximately £249 which includes buildings insurance.
Council Tax Band - G Viewing By appt through Neilsons 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.
Area
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FAQ
About 8/2, Eyre Place, Edinburgh
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