2-bedroom flat · EH32 9FS
Listing removedListed 73 days
Opportunity summary
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About
Forming part of a modern development in the popular East Lothian town of Prestonpans, 19 McGregor Pend is a bright and well proportioned two bedroom main door flat offering stylish, contemporary accommodation in excellent decorative order.
Ideally suited to first time buyers, downsizers or investors, the property enjoys a convenient location within easy reach of local amenities, the railway station and excellent transport links to Edinburgh and beyond.
It also benefits from residents parking to the front.
The well presented accommodation comprises a welcoming entrance vestibule leading into a spacious sitting and dining room, a modern kitchen fitted with a good range of wall and base units together with integrated appliances, two double bedrooms, both with built-in wardrobes, and a contemporary bathroom fitted with a three-piece suite and shower over the bath.
The Local Area The historic town of Prestonpans is situated on the southern shore of the Firth of Forth surrounded by unspoilt countryside.
The town is an extremely popular commuter base, being only three miles beyond Musselburgh and close to the A1 which links quickly and easily with Edinburgh City Centre via the City Bypass.
There are a number of local shops including a supermarket, schools and other social amenities within the town.
Further shopping can be found a short distance away at Fort Kinnaird Retail Park, Newcraighall, which offers a selection of "High Street" shops and superstores.
A variety of leisure facilities are available in the area including Prestonpans swimming pool, a choice of golf courses and several sandy beaches.
Prestonpans has its own railway station, with the car park only 0.75 miles away.
Extras All fitted floorings, carpets, blinds, light fittings, induction hob and the oven are included in the sale price. The washing machine and fridge freezer are available by separate negotiation.
Note: The development is factored by Ross & Liddell at the approximate charge of £70 per calendar month. This includes the maintenance of all the communal areas and the blocks buildings insurance.
There is an additional approximate charge of £240 per annum. This is paid to Greenbelt for further common grounds in the area. Viewing By appt with Coulters EPC Rating EPC rating: C
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 19, McGregor Pend, Prestonpans
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