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See how verdicts work2-bedroom flat · EH10 5HH
Under offerListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Contemporary Two Bed Two Bath Second Floor Flat In Modern Development in Prestigious Morningside Located minutes from the hustle & bustle of Morningside is this bright, sunny apartment which has been beautifully presented and provides a large L-shaped open plan kitchen/living/dining room with excellent range of units & appliances, two similar sized double bedrooms, one with ensuite shower room, a main bathroom, new boiler and well maintained communal gardens.
There are a wealth of amenities, retail facilities, wide open spaces & excellent schools on the doorstep, together with easy access into the city centre, making it ideal for professionals, sharers, investors, downsizers & young families alike.
Hallway with two fitted cupboards Bright, spacious open plan kitchen/living/dining room with lots of space for relaxing & entertaining and a wide array of fitted units & appliances Principal bedroom with fitted wardrobes and Ensuite shower room with shower cubicle, sink & wall hung wc Second double bedroom with fitted wardrobes Modern family bathroom with bath with shower over, vanity sink unit & wc Gas central heating from combi boiler located within a hallway cupboard (updated 2026) Timber framed double glazed windows Communal garden with lawn surrounded by shrubs, paved patio areas for sitting & dining and bin & bike stores Residents’ permit parking on street Maintained by Trinity Factors at a cost of approx.
£100pcm to cover maintenance of the building & communal areas, together with block buildings insurance Morningside is a very prestigious area in the south of the city which offers a wide range of supermarkets (including Waitrose and M&S Simply Food), speciality food stores, independent retailers, coffee shops, bars & restaurants.
Local schooling is well-renowned and the property is in the catchment for the new Canaan Lane, South Morningside & St Peter’s RC Primary Schools and Boroughmuir High School, and is walking distance to George Watson’s.
There are superb amenities within a few minutes’ walk, including a library, the very popular independent Dominion Cinema & Church Hill Theatre, and there are a good range of gyms/leisure facilities and golf courses a short drive away.
The property is also well placed for lots of walks and open spaces including Blackford Hill & Pond, Hermitage of Braid, Braid Hills and Braidburn Valley Park.
There is easy access both into town, via the numerous bus services, and out of town to the city bypass and the motorway network beyond.
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 48/5 Millar Crescent, Edinburgh, EH10 5HH
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