2-bedroom flat · EH45 9ER
Listing removedListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented ground floor flat with its own main door entrance, forming part of a two-storey building containing just two flats, situated in the heart of Peebles.
Constructed around 1980, the property offers spacious and versatile accommodation extending to approximately 101m² of gross internal floor area.
The layout comprises two generous double bedrooms and two bright public rooms, providing flexible living space well suited to a variety of purchasers.
The property further benefits from private garden grounds to the front and rear, together with a single semi-detached garage with power and light, as well as a driveway.
A particular feature of this home is its convenient location, situated close to the town centre of Peebles, where a good range of shops, cafes and restaurants can be found within easy walking distance.
Accommodation GROUND FLOOR * Entrance vestibule * Hallway * Living room with feature fire place * Dining room * Kitchen * Two spacious double bedrooms with fitted wardrobes * Bathroom with over-bath shower * Shower room / utility ADDITIONAL INFORMATION * Gas central heating * Double glazing * Private garden grounds to the front and rear * Single semi-detached garage with power and light * Driveway
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.
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 Benmore, Springhill Road, Peebles, EH45 9ER
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