2-bedroom flat · EH10 4QR
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Deposit £1900 Lovely, bright and spacious 2nd floor flat located in the sought after area of Morningside.
The property offers a lounge/diner, study off the lounge, kitchen, 2 double bedrooms and shower room. The property benefits from gas central heating and double glazing. Professional and student let.
Some pets may not be allowed to book A viewing online, please fill out the contact agent form. Lovely, bright and spacious 2nd floor flat located in the sought after area of Morningside.
The property offers a lounge/diner, study off the lounge, kitchen, 2 double bedrooms and shower room. The property benefits from gas central heating and double glazing. Professional and student let.
Some pets may not be allowed Morningside is a popular area of Edinburgh, which lies approx 2.5 miles South of the city centre.
There are excellent shopping facilities throughout Morningside, including a wide and varied range of individual shops, bars, restaurants, banks and building societies, along with a Waitrose supermarket on Morningside Road.
There is a regular bus service to the City Centre and surrounding areas.
The Edinburgh City Bypass is within easy access, which in turn leads to all major routes, both North, and South, Edinburgh Airport and Glasgow.
Deposit : £1900.00 EPC Rating: D Council Tax Band: C Landlord Registration: Additional costs: Council tax and water charge / utilities / broadband (if applicable) / Garden Waste Bin from local authority at additional cost (if applicable) Heating Type: Gas Central Heating Property Floor: 2nd Floor Utilities: Tbc Electricity: Tbc Gas Supplier: Tbc Broadband Type: Copper Available *as obtained from .
Further information regarding broadband and phone signal can be obtained from the Ofcom broadband and mobile coverage checker - Broadband and mobile coverage checker - Ofcom Parking Type: Residents parking Planning permission: Please check this properties local authority planning website for any planning which may impact the property or local area in future.
All statements contained herein are believed to be correct but are not guaranteed and interested parties must satisfy themselves as to their accuracy. Letting Agent Registration Number: LARN1812026
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Steel's Place, Midlothian
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