2-bedroom flat · EH6 5PF
Sold STCListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
5/3 Newhaven Road is a bright and spacious two-bedroom, first-floor apartment offering well-proportioned accommodation within a well-maintained, fully factored development with lift access.
Recently redecorated throughout, the property is presented in excellent move-in condition.
The heart of the home is the generous open-plan living, dining and kitchen area, providing an ideal space for both everyday living and entertaining.
The contemporary kitchen offers ample storage and worktop space and is fully equipped with integrated appliances, including a large fridge/freezer, dishwasher, gas hob and electric oven.
Both double bedrooms benefit from fitted wardrobes, while the principal bedroom also features a stylish en-suite shower room.
A modern family bathroom, separate utility room and excellent hallway storage complete the accommodation.
Further benefits include a secure entry phone system, lift access to all floors and residents' parking.
Newhaven Road enjoys an excellent position close to the vibrant waterfront communities of Newhaven, Leith and The Shore.
The area offers an outstanding selection of independent cafés, award-winning restaurants, stylish bars and leisure facilities, including Michelin-starred dining.
Ocean Terminal is nearby, providing a range of shops, restaurants, a multi-screen cinema and gym facilities, while a Tesco Superstore and 24-hour ASDA cater for everyday shopping needs.
For outdoor enthusiasts, the picturesque Newhaven Harbour, Victoria Park, the Water of Leith Walkway, Leith Links and the Royal Botanic Garden Edinburgh are all within easy reach, offering excellent opportunities for walking, cycling and recreation.
The nearby coastline also enjoys attractive views across the Firth of Forth towards the iconic Forth Bridges.
The area is exceptionally well connected, with frequent bus services operating along Newhaven Road and Ferry Road, providing swift access to Edinburgh city centre, Stockbridge, Canonmills and beyond.
The nearby tram at Newhaven offers direct services to the city centre, Haymarket and Edinburgh Airport.
For those travelling further afield, the City Bypass provides convenient access to the A1, Edinburgh International Airport and Scotland's central motorway network.
The property is well served by a range of highly regarded schooling, including Trinity Primary School, Holy Cross Primary School, Trinity Academy and St Thomas of Aquin's RC High School, making this an ideal home for professionals, couples and families alike.
Please note: some of the images are virtually staged.
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 5/3, Newhaven Road, Newhaven, Edinburgh
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