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See how verdicts work5-bedroom flat · EH8 9PZ
Listing removedListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the Southside conservation area, this substantial corner flat occupies a superb location just a stone's throw from the University of Edinburgh George Square campus and close to the beautiful green spaces of the Meadows and Holyrood Park.
Positioned on the first floor of a traditional sandstone tenement, the property retains many of its attractive period features including high ceilings, intricate cornicing, fireplaces and working shutters.
The accommodation comprises: Five bedrooms, a spacious living room with views of Salisbury Crags, kitchen dining room, bathroom and large shower room.
Most recently, the flat has been a successful HMO thanks to it's close proximity to the university, but also has the potential to be an excellent home for professionals or families.
The property is fitted with single glazed sash and case windows and gas central heating.
A shared garden is accessed via the communal stair and permit and metered parking is available on West Preston Street.
The building is factored by Edinburgh Block Maintenance for an approximate annual cost of £348 which includes stair cleaning and lighting, roof condition report and any required emergency visits.
The Local Area Newington is a highly desirable residential neighbourhood to the south of Edinburgh city centre, popular with families, professionals and students alike.
The area is exceptionally well served by amenities, with a wide range of independent shops, cafes, bars and restaurants close at hand, along with Cameron Toll Shopping Centre which offers a Sainsbury's superstore and high street retailers.
There are superb recreational opportunities nearby including The Meadows, Holyrood Park and Blackford Hill all providing wonderful open green spaces for walking and cycling.
The Royal Commonwealth Pool and gym and Prestonfield Golf Club and are also within easy reach.
Cultural attractions such as the Festival Theatre and the Queen's Hall on Clerk Street are close by, while Edinburgh University and the Royal Infirmary of Edinburgh are also conveniently accessible.
The property is in the catchment area for highly regarded schools including Preston Street Primary School and James Gillespie's High School.
Further private school choices such as George Heriot's School and George Watson's College are also within walking distance.
While the City Centre is easily accessible on foot, regular bus services take less than twenty minutes. Extras The light fittings and white goods are included in the sale price.
Viewing By appt with Coulters EPC Rating EPC rating: D
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.
Area
Agent & docs
FAQ
About 22 (1F2), West Preston Street, Edinburgh
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