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See how verdicts work3-bedroom flat · EH9 2LD
Under offerReduced £24k (−6%) on 25 AugListed 142 days
Opportunity summary
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About
Beautifully refurbished three-bedroom second floor flat, finished to an exceptional standard and located within the highly desirable Grange district.
8/3 Grange Terrace is a superbly presented three-bedroom second floor apartment offering bright, spacious and thoughtfully designed accommodation throughout.
The property was comprehensively refurbished in 2020 and is presented in true turnkey condition, with high-quality fixtures and finishes evident in every room.
Access is via a charming communal entrance set back from the street, with a slabbed pathway leading to an impressive shared doorway.
The well-maintained communal hallway features attractive Victorian tiled flooring, traditional detailing and a striking staircase rising to the upper levels.
A large central skylight floods the stairwell with natural light, further enhanced by elegant cornicing throughout.
The property’s welcoming hallway continues this sense of light and space, benefitting from secondary skylights drawing light through from the communal stair.
Beautiful traditional cornicing adds to the period charm. The heart of the home is the impressive open-plan kitchen, living and dining space.
The kitchen is fitted with a full range of integrated appliances including hob, oven, extractor hood, fridge freezer and dishwasher, alongside an undermount sink.
Stylish pale grey cabinetry is complemented by gold-toned fittings and an off-white tiled splashback, creating a clean and contemporary finish.
There is ample space for both dining and relaxed seating. A separate utility cupboard off the kitchen provides additional storage, housing a washing machine, worktop space and matching cabinetry.
The principal bedroom is generously proportioned and enjoys peaceful views over the rear garden.
It further benefits from a large walk-in wardrobe and a beautifully finished en-suite shower room, complete with distinctive green tiling, wash hand basin and WC.
Bedroom two is a spacious double room overlooking the front of the property, while bedroom three, positioned to the rear, offers flexibility as a single bedroom, nursery or home office.
The main bathroom is particularly bright thanks to a large skylight and is fitted with a full-size bath with electric shower over, a contemporary wash hand basin with vanity storage, WC and a mirrored cabinet with integrated lighting.
Overall, the property combines elegant period features with modern living, finished to a high specification throughout.
Situation Grange Terrace lies in the heart of the highly sought-after Grange area, one of Edinburgh’s most established and prestigious residential districts, situated less than two miles South of the city centre.
The area is renowned for its quiet, leafy streets and attractive period architecture, while still offering excellent access to the city centre and beyond.
Nearby areas such as Bruntsfield, Morningside and Newington provide a wide range of local amenities including independent shops, cafés, bars, restaurants and supermarkets.
The property is well placed for access to a number of highly regarded schools, including James Gillespie’s School, George Watson’s College, George Heriot’s School and Merchiston Castle School.
Excellent transport links are available, with regular bus services providing easy access across the city, as well as convenient routes to the City Bypass and wider motorway network.
Parking Permit parking is available on Grange Terrace (by application to Edinburgh Council). Services Mains gas, gas fired central heating, mains water supply, mains drainage.
Note: The services have not been checked by the selling agents. Factors The common parts of the development are self-factored by a residence association.
Local Authorities City of Edinburgh Council, EH4 3AP. Tel – .
Council Tax 8/3 Grange Terrace is council Tax E The amount payable to The City of Edinburgh including water and sewerage 2026/2027 is £2,933.73 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.
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FAQ
About 8/3 Grange Terrace, Grange Terrace, Edinburgh
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