We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom house · EH9 2QX
Listing removedListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb ground floor flat, part of a vibrant and sought after retirement development, in the prestigious Marchmont district of the city, within walking distance of an excellent range of local amenities and a short journey to the south of Edinburgh City Centre.
The south facing property is perfect for somebody downsizing then looking to stay in the area and the property boasts direct access to communal gardens to the front.
The move in accommodation comprises: - Shared secure entry. Reception hall. Attractive living room with feature fireplace. Walk in storage cupboard. Door providing access to communal gardens at front.
Open access to kitchen with appliances. Good sized double bedroom with built in mirrored wardrobes. Contemporary fitted shower room. Electric heating. Double glazing. Well maintained communal grounds.
Residents & visitors parking. House manager. 24-hour careline system. Communal lounge. Guest suite.Laundry room.
LOCATION: A vibrant and sought-after suburb, Marchmont offers a variety of lovely period properties, leafy areas and outstanding retailers.
Situated close to the Meadows and Bruntsfield Links, this area is within easy walking distance of Edinburgh’s historic Old Town, the New Town, and Princes Street the main thoroughfare in the City Centre.
There are a wide variety of cafes, restaurants, coffee houses, bistros, independent shops, galleries, boutiques, a luxury cinema, theatres, and various supermarkets that can all be found on your doorstep and in neighbouring Morningside and Bruntsfield.
Indoor fitness and leisure facilities can be found nearby at the Royal Commonwealth Pool, including swimming pools, a high-spec gym, fitness classes and soft play, whilst the newly refurbished Warrender Swim Centre with swimming pool, sauna and gym is within strolling distance, as is a range of GP Practices and local Pharmacies.
If outdoor exercise is more appealing to you, the area offers tranquil parks and large green spaces for outdoor activities and picnics.
FACTORING NOTE: The development is factored by First Port Scotland at an approximate charge of £1,500 per annum.
This covers the maintenance of all the communal areas, the 24-hour Careline system, House Manager and the blocks buildings insurance.
There is an age restriction of 60 or over for a single occupant and for a couple, one should be 60 or over and the other 55 or over.
Any prospective purchasers must be capable of independent living and will require to be interviewed and approved by the Factor as suitable occupants
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 restrictions apply
We're still gathering serviced-accommodation data for this area.
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 advisers 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.
Area
Agent & docs
FAQ
About 23 Homeross House, 1 Mount Grange, Strathearn Road, Edinburgh, EH9 2QX
Explore nearby