2-bedroom flat · EH4 4GY
Sold STCListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
McEwan Fraser Legal is delighted to present this attractive main-door ground-floor flat, set within a sought-after modern development in Pilton.
This sale offers an excellent opportunity to acquire a 25% share of the property, providing an affordable route onto the property ladder while enjoying stylish and contemporary accommodation ideally suited to a wide range of buyers.
Decorated in fresh neutral tones, the property enjoys a bright and airy feel throughout, complemented by modern open-plan living designed to suit todays lifestyles.
The accommodation comprises a spacious open-plan living, dining and kitchen area that provides a sociable and versatile environment, perfect for both everyday living and entertaining guests.
There are two well-proportioned bedrooms, including a principal bedroom with en-suite facilities, alongside a separate family bathroom.
A standout feature of the property is the excellent outdoor space, including two private low-maintenance gardens, in addition to access to a communal garden area and childrens playpark within the development.
Early viewing is highly recommended to avoid disappointment. The remaining 75% share of the property is owned by Castle Rock Edinvar Housing Association.
Any new purchaser must meet the eligibility criteria for Shared Ownership and will be required to undergo a financial assessment and approval by the Association.
At the time of writing, a monthly occupancy payment of £303.67 is payable to the Association.
In addition, there is a variable quarterly payment to the Property Factor to cover the upkeep of the communal areas.
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
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FAQ
About 5C West Pilton Terrace, Pilton, Edinburgh, EH4 4GY
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