2-bedroom flat · EH8 7EU
Listing removedReduced £5k (−2.8%) on 15 AugListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the sought after area of Piershill and within easy reach of the city centre is this well-proportioned two bedroom first floor flat.
Forming part of a modern building the property benefits from gas central heating, double glazing and a secure entry system.
The accommodation includes a large entrance hallway with window to the front and two good sized cupboards.
The is a spacious lounge and separate kitchen which is fitted with base and wall units with the oven, hob and washing machine shall remain.
There are two good-sized bedrooms and a bathroom with shower over the bath. Externally there is a communal garden to the rear.
Viewing is essential to fully appreciate the well-presented, spacious accommodation on offer.
Piershill is a sought after area located to the east of Edinburgh which is well served by frequent bus services offering easy, direct links to Edinburgh city centre.
The open spaces of Holyrood Park and Arthur’s Seat are close by offering walks and running trails just a short distance from the property.
There are useful shopping facilities close by including a large Morrisons supermarket located on Portobello Road and a Sainsbury’s at the Meadowbank retail park, while Portobello, with its beach, promenade and eclectic range of shops and cafes, is also within easy reach.
In addition to frequent public transport links into the city centre, Piershill also offers easy access to the Edinburgh City Bypass and the A1.
Lounge (3.84m x 3.35m) Kitchen (3.35m x 2.74m) Bedroom 1 (3.35m x 3.18m) Bedroom 2 (4.06m x 2.18m) Bathroom (2.2m x 1.96m)
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 18/3, Piershill Terrace, Edinburgh
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