1-bedroom house · EH3 5BH
Listing removedListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity has arisen to purchase this attractive second floor flat.
Forming part of a well maintained retirement development in the highly sought after Stockbridge area of Edinburgh, the property has double glazed windows and electric heating and enjoys a quiet position to the rear of the building.
With residents parking to the rear the well maintained common areas are managed by a part time house manager and there is a residents lounge area, lift access, bookable guest suite and the property is available to those over the age of 60.
The accommodation includes an entrance hallway with walk in cupboard and the well-proportioned lounge is located to the rear and has space for both living and dining furniture.
A door leads to the kitchen with its base and wall units, oven, hob, hood, fridge/freezer and washing machine to remain.
There is a good sized double bedroom with wardrobe and the shower room completes the accommodation with a double shower compartment.
Early internal viewing of this lovely apartment is essential to fully appreciate the good sized accommodation offered in this fantastic location.
The furniture can be available by separate negotiation.
There is a factoring arrangement in place for the upkeep of common areas including the housing manager, Telecare alarm system, maintenance of any common buildings, outdoor areas, stair cleaning, lift and buildings insurance.
The current factor is James Gibb with a quarterly payment of approximately £400. Stockbridge feels like a village in the middle of the city.
Despite its proximity to the city centre (around 15 minutes on foot), the area offers a diverse range of small, independent stores along with national retailers such as M&S Food and Waitrose supermarket at Comely Bank.
The area’s bohemian feel blends with more upmarket and chic boutique stores and hosts a weekly farmers market. The area is full of pretty tearooms, sophisticated restaurants, cafes, and bars.
Nearby Inverleith Park offers a green haven in the middle of the city, with the Botanic Gardens located nearby, too.
With pleasant walking and cycling routes right on your doorstep, and excellent transport links across the city and further afield, Stockbridge is an incredibly sought-after area of the city.
Lounge 5.13m x 3.23m Kitchen 3.43m x 1.78m Shower Room 2.18m x 2.03m Bedroom 4.11m x 2.87m
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
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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 91/24 Henderson Row, Edinburgh, EH3
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