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See how verdicts work3-bedroom flat · EH6 6SZ
Under offerListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** NEW TO THE MARKET ** A spacious and well-presented, three-bedroom, two-bathroom, third floor apartment forming part of the Maritime Bond development situated in The Shore area in Leith.
The former bonded warehouse has been sensitively restored, combining this unique building’s timeless features with modern design details to create the perfect blend of old and new.
Positioned on the third floor and served by a lift, the property combines generous proportions with modern design, creating an impressive home ideal for professionals, families, or investors.
The accommodation extends to approximately 117 sq m (1,259 sq ft) and has the additional benefit of an allocated, secure underground car parking space.
Summary of Accommodation: Third Floor: Entrance Hall, Open Plan Living, Dining, Kitchen, Principal Bedroom with ensuite Shower Room, Two further Double Bedrooms, Family Bathroom, Deep Hall Cupboard.
Video Entry System, Lift Externally: Communal Residents' Sun Deck - located on the first floor, to the rear of the development. Allocated Secure Car Parking Space, Residents’ Bicycle Storage.
EPC: B Council Tax Band: F Tenure: Freehold Viewing by appointment EPC Rating: B Council Tax Band: F
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
Agent & docs
FAQ
About Water Street, Leith, Edinburgh
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