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See how verdicts work2-bedroom bungalow · EH22 4NP
Listing removedReduced £5k (−1.8%) on 20 JunListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property Welcome to 15 Redwood Grove, a most appealing and rarely available Detached Bungalow with Two Public Rooms and Two Double Bedrooms, a Single Detached Garage with a large private driveway and lovely gardens offering excellent family accommodation enjoying an ideal setting in a quiet cul-de-sac, positioned within a desirable residential location which forms part of the popular Midlothian village of Newtongrange.
This lovely family home offers a abundance of highlights, with a south facing enclosed rear garden and an open aspect to the front, all within easy reach of the varied and excellent local amenities, with a Train Station just minutes from the property and also offering nearby transport links to Edinburgh City Centre and the City Bypass.
The property offers flexible living space with true turn-key move in ready presentation comprising: A welcoming Entrance Hallway with a convenient double storage cupboard, a spacious and bright Lounge, a Dining Room or ideal Home Office offering a patio door connecting to the Conservatory with a patio door opening to the paved patio and garden, a modern Kitchen, a spacious Principal Double Bedroom offering a fitted wardrobe with triple mirrored sliding doors, a second generously sized Double Bedroom and the bright Shower-Room completes the accommodation.
The spacious and bright Lounge enjoys a open outlook with a triple bay window creating an abundance of natural light.
A fireplace provides a focal point for the room with ample space for relaxation and entertaining.
The modern Kitchen is accessed from the Lounge, with an excellent range of base and wall cabinets, complimentary work surfaces and attractive tiled surrounds.
Integrated appliances include an electric hob with a extractor hood and an electric oven with space for free standing appliances.
The Dining Room connects to the Conservatory and could also be utilised as ideal Home Office or Playroom.
The Shower-Room comprises a corner shower compartment with ''wet'' wall panel surrounds, a WC and a wash hand basin.
Externally there is a Single Detached Garage with a generously sized private driveway and a private front garden laid to lawn.
The enclosed, child friendly and secluded rear garden offers a paved patio, an area laid to lawn with borders of plants with a decked terrace creating an ideal spot for alfresco dining and entertaining.
Further benefits include Gas Central Heating, Double Glazing, window blinds and further un-restricted on street visitor parking is also available.
An impressive family home, offering spacious accommodation in a highly regarded, quiet and popular residential location with early viewing essential to fully appreciate the opportunity on offer.
The Location The Village of Newtongrange is a thriving community and the property lies approximately seven miles south east of Edinburgh City Centre being very popular with commuters.
Locally there is a selection of shops, schools, leisure and recreational facilities.
The local area also has a wealth of open countryside and a short journey away are the neighbouring towns of Dalkeith and Bonnyrigg where more extensive facilities can be found.
There is also a Tesco food store at Hardengreen which is a short journey away. Regular bus services provide ease of commuting in and around the surrounding towns and to Edinburgh City Centre.
Access to the A7/A68 and the City Bypass are nearby which in turn connect to all other major routes in and around the area.
The Borders Railway Line provides a link to Edinburgh Waverley with a station in Newtongrange making this the ideal commuter location.
Lovely green spaces can be enjoyed at the nearby country parks at Vogrie Estate and Dalkeith country park with ''Restoration Yard'' offering a gift shop, coffee shop and restaurant.
A popular location with excellent local and nearby amenities.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
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
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FAQ
About 15 Redwood Grove, Newtongrange
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