5-bedroom flat · EH10 4PX
Sold STCListed 172 days
Opportunity summary
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About
2F2,146 Morningside Road is a spacious second-floor apartment set in the heart of the highly sought-after Morningside district.
This impressive five-bedroom home beautifully retains a wealth of original period features, including high ceilings, intricate cornicing, and elegant room proportions.
Strong HMO investment opportunity with estimated rental income of £3,250–£3,500 pcm (subject to licence). This suggests a long term rental yield of 8.7%-9.3% based on home report value.
The current owners have advised there is a current HMO license which has been in place for many years, please note any potential purchaser will have to carry out their own due diligence with regards to obtaining a new license with the HMO Department at Edinburgh Council.
Extending to approximately 118 sqm, the property forms part of a charming traditional tenement and is accessed via a secure entry system, with a well-maintained stair leading to the second floor.
The accommodation comprises a welcoming entrance hallway, a generous lounge and a galley kitchen with fitted base and wall units, spotlight lighting fixtures and both integrated and freestanding appliances.
There are five well-proportioned bedrooms, varying in size, and a family bathroom with three-piece suite, providing flexible living arrangements suited to a range of buyers.
Externally, residents benefit from access to a well-maintained communal garden - an appealing and peaceful space.
While the property would benefit from light cosmetic modernisation, it offers an exceptional opportunity to create a bespoke home or a high-performing HMO investment opportunity, with excellent scope to add value.
The property is ideally positioned within vibrant Morningside, renowned for its excellent local amenities and strong sense of community.
A superb selection of supermarkets, including Waitrose, Tesco and Marks & Spencer, is complemented by an array of independent boutiques, cafés, and artisan bakeries.
The area also boasts a fantastic choice of restaurants and bars, as well as cultural and leisure attractions such as the Dominion Cinema, Church Hill Theatre, and Morningside Library.
Well-regarded schooling is within easy reach at both primary and secondary levels, alongside further education opportunities.
Situated within the highly sought-after catchment areas for Bruntsfield Primary School and Boroughmuir High School, with access also to St Peter’s rc Primary School and St Thomas of Aquin’s rc High School.
The property is also a short distance to George Heriots School and George Watsons’ College.
The area is also exceptionally well connected, with frequent public transport links providing swift access to Edinburgh city centre and beyond, while the nearby City Bypass offers convenient routes to the surrounding areas, Edinburgh Airport, and the wider motorway network.
All window furnishings (curtains, curtain poles, blinds etc), floor coverings, light fixtures, and appliances (both integrated and free standing) are included in the sale.
No warranties or guarantees will be provided.
Under the hmrc Anti Money Laundering legislation, all offers to purchase a property on a cash basis or subject to mortgage require evidence of source of funds and required to produce proof of identity and proof of address.
This is acceptable either as original or certified documents. By submitting an offer for acceptance, you agree to this condition and are happy for dj Alexander to contact you for these purposes.
EPC: C Council Tax: E - £2933.73 inclusive of water and sewage* (*based on 2026/2027 tax year) - The City of Edinburgh Council Tenure: Freehold Electricity Supply: Mains connection – electric meter and consumer unit located within the hallway Water Supply: Scottish Water Sewerage: Scottish Water Heating: Mains gas - boiler and radiators Broadband: 1800 mbps (Potential download speed) Mobile Signal/Coverage: Full 4G and potential 5G outdoor coverage Parking: On street permit and pay-and-display parking is available on surrounding streets under zone S2 (Permits obtained upon application to The City of Edinburgh Council and payment of fees) Factor: There is no factor at this property.
All statements contained herein are believed to be correct but are not guaranteed and interested parties must satisfy themselves as to their accuracy.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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About 2F2 146 Morningside Road, Edinburgh
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