2-bedroom flat · EH10 4AY
For saleReduced £10k (−3.4%) on 7 AugListed 157 days
Opportunity summary
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About
Delightful, spacious and sunny first floor retirement apartment with two double bedrooms set in the heart of one of the most sought after addresses in the City.
This highly attractive modern apartment offers spacious and flexible accommodation in a private retirement complex with all the facilities that make retirement years comfortable.
The building offers secure entry and lift access to each floor.
On the top of the building is a charming residents lounge with tea making facilities and access to a south facing roof terrace with panoramic views to the Pentland Hills.
Internally, the apartment is entered from the communal hall, through a vestibule into a broad welcoming hallway with a super walk in storage/boxroom.
The hall leads into a large living and dining space with views towards the Pentland Hills. There is also space for a desk or hobby activities.
Off the sitting room is a separate and bright fitted kitchen. This room is also very bright with southerly views. All the appliances are included in the sale.
To the rear of the apartment are two generous double bedrooms with quiet outlooks to the rear. The master bedroom has excellent fitted storage.
The shower room is positioned off the hall and has an electric shower fitted within a comfortable shower unit. Year round comfort is provided by a combination of electric heating and double glazing.
Dedicated spaces can be allocated by the Manager and there are some unreserved spaces for visitors.
Please note: Residents must be 67 years old and be able to demonstrate that they can live independent lives, an interview will be required with the House Manager.
Morningside is a very long established and high quality suburb of the City which is much sought after by all sectors of the market.
There is an excellent range of bus services connecting with the City on a very regular basis.
Close to the building is an outstanding range of shopping outlets that cover all everyday needs including foods from all over the globe and hardware shops.
There is a cafe to suit everyone and a charity shop for almost every cause. The area has a buzz that is hard to beat.
Nearby there is open parkland at Bruntsfield Links and woodland walks at the Hermitage of Braid. More challenging walks are found climbing Blackford and the Braid Hills.
There is a lovely local Cinema at the Dominion immediately behind the apartment and the Churchill Theatre is minutes away. Transport is well catered for.
In addition to the bus services there is a quick link to the City bypass which connects routes to the east via the A1, the south on the A7 and the west on the M8 and M9.
The international airport is just off the bypass. Viewing By apt tel agents EPC Rating EPC rating: E
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 91/1, Morningside Road, EDINBURGH
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