How much is Millar Place, Edinburgh?

Millar Place, Edinburgh

1-bedroom flat

463 sq ft1 bath

Asking

£200,000

For saleListed 3 days

Investor metrics

Opportunity summary

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About

The property

A top-floor flat situated in the highly desirable Morningside district, ideally positioned for a wide range of local amenities and within easy reach of Edinburgh city centre.

Presented to the market in move-in condition, the property would make an ideal purchase for a first-time buyer or young couple.

The accommodation comprises: Sunny westerly aspect with afternoon and evening sunlight. Open views towards Craiglockhart Hill and the Pentland Hills.

Generously proportioned open-plan living room/kitchen, with original stone fire surround. Well-proportioned double bedroom with original fireplace and cornicing.

Versatile box room, ideal for use as a home office or dressing room. Contemporary fitted shower room. Three fitted storage cupboards. Gas central heating and Double glazing.

Attractive original features. Secure shared entrance. Communal rear garden. Permit and metered parking available.

Morningside is a highly regarded and much sought-after residential area, characterised by broad, tree-lined avenues and an attractive variety of substantial properties.

Situated just over two miles south of Princes Street, the area successfully combines easy access to the city centre with a leafy suburban setting.

Excellent local shopping facilities are only a few minutes away and include a large Waitrose, Marks & Spencer Foodhall, delicatessen, cheesemonger, fishmonger and family butcher.

The area also offers a superb selection of independent boutiques and gift shops, popular cafes, restaurants and bars, together with a cinema and theatre.

The property is ideally positioned for access to the University of Edinburgh and Edinburgh Napier University campuses.

Nearby leisure amenities include Merchants of Edinburgh Golf Club, Craiglockhart Sport & Tennis Centre, Midlothian Snowsports Centre at Hillend, the Hermitage of Braid and the extensive open spaces of the Pentland Hills Regional Park, all within walking distance or a short drive.

Edinburgh Airport, the City of Edinburgh Bypass and the central motorway network are also readily accessible. Viewing By appt tel . EPC Rating EPC rating: D

Key information

Price per Square Foot

£432/sq ft

Based on 463 sq ft (43 sq m)

Floor Area

463 sq ft (43 sq m)

Reception Rooms

Council Tax Band

Band B

Estimated ~£1400/year

Tenure

Freehold

Local Authority

City of Edinburgh

Unitary Authority

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

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Rent evidence

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Local SA Market

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Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market3 days

4/25

—

Seller motivation

Not scored yet

Days on market3

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £200,00018-10-2026

Still activeDay 3 on marketToday

Strategy fit

No strategy scores available yet.

Article 4No HMO Article 4 held

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.