Property · EH9 2LS
Sold STCListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
23 Relugas Lane is a single garage with wooden storage in a lot of twelve garages located off Relugas Road in the highly sought-after The Grange area.
The well-maintained garage has two sets of locks, its own electric light fitting, and power sockets. It has also been fitted with an up-and-over door for easy access.
Services The garage benefits from electricity. There is no water supply. Location Located in The Grange, Relugas Lane connects Relugas Road to St Thomas Road.
The Grange is one of Edinburgh’s most prestigious and sought-after residential areas, prized for its handsome period architecture, leafy streets and proximity to excellent local amenities.
The neighbourhood is ideally placed for the shops, cafés and everyday facilities of Marchmont and Morningside.
Nearby amenities include Waitrose, M&S Simply Food, Sainsbury’s Local, independent food shops, cafés, chemists, banks and a wide range of specialist retailers.
Cameron Toll Shopping Centre is also within easy reach.
The area is particularly well served for outdoor space, with Blackford Pond and Hill, The Hermitage of Braid, Braid Hills and The Meadows all accessible nearby.
Morningside Library, the Dominion Cinema and Church Hill Theatre are also within easy reach.
The location offers convenient access to Edinburgh City Centre, the financial district, the universities, hospitals and many of the city’s leading schools.
Regular bus services provide swift links across the city, while the surrounding road network gives good access to wider Edinburgh and beyond.
Viewing Physical viewings by appointment only with Truscott Property. Tenure - Freehold
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.
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FAQ
About 23, Relugas Lane, Edinburgh
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