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 work2-bedroom house · EH32 9LP
Listing removedListed 198 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
McEwan Fraser Legal is delighted to present this two-bedroom semi-detached bungalow, ideally located in the popular coastal town of Prestonpans.
Offering a fantastic opportunity for buyers seeking a property with significant potential, this home provides a solid foundation for modernisation and personalisation.
The accommodation comprises a bright and well-proportioned living space, and a good-sized kitchen with ample room for everyday use.
There are two comfortable bedrooms, and the property also benefits from a wet room, providing practical and accessible facilities.
Further features include gas central heating and double glazing, ensuring a level of comfort and efficiency, while a generous attic space offers excellent additional storage and potential for future development, subject to the appropriate permissions.
Externally, the property boasts a great-sized rear garden, offering plenty of scope for landscaping or extension, as well as a detached garage providing valuable off-street parking or additional storage.
This is an excellent opportunity to acquire a home with huge potential in a desirable location, close to local amenities, transport links and the coastline.
Early viewing is highly recommended to fully appreciate the possibilities on offer.
Electricity Supply: Sp Energy Networks Water Supply: Scottish Water Sewerage: Scottish Water Broadband / Mobile Coverage: Full 4G coverage, limited 3G and 5G.
By appointment through McEwan Fraser Legal on Edinburgh McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.
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 licence or registration needed
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
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FAQ
About South Grange Avenue, Prestonpans
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