2-bedroom flat · EH22 1HA
Listing removedReduced £5k (−3.3%) on 21 JulListed 141 days
Opportunity summary
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About
Offering spacious accommodation is this attractive top floor flat located within the heart of Dalkeith.
Forming part of a small development which is maintained by a property factor, there is a well-tended shared garden to the rear and the flat also benefits from electric storage heating, double glazed windows and an exclusive parking space.
There is a spacious hallway with deep storage cupboard and a large lounge with window to the front.
The kitchen is also located to the front and is fitted with base and wall units with oven, hob, hood, fridge/freezer and washing machine to remain.
There are two double bedrooms, both with storage and the master bedroom has en en suite with shower and whb. There is a bathroom with three piece white suite with shower over the bath.
The flat also benefits from a partially floored loft providing excellent storage.
There is a factoring arrangement in place for the upkeep of common areas including the maintenance of any common buildings, outdoor areas and stair cleaning.
The current factor is James Gibb with a monthly of approximately £41 to include buildings insurance.
Dalkeith is located approximately 8 miles south east of Edinburgh city centre, and lies off the A68.
The town is a popular choice for commuters and purchasers of all ages as it is ideally located for ease of access to the city bypass offering links to the A1, M8, M9, Edinburgh Business Park, Gogar Park, Edinburgh International Airport and various parts of the city.
The town has a thriving centre, with numerous shops, banks, Post Offices, bars and restaurants. There is also a large supermarket on the edge of the town, with retail outlets at nearby Fort Kinnaird.
Lounge/Diner (5.74m x 3.28m) Kitchen (4.37m x 1.98m) Bedroom 1 (4.85m x 3.28m) En Suite (2.1m x 1.24m) Bedroom 2 (4.04m x 3.28m) Bathroom (2.1m x 1.98m)
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
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About 14H, Buccleuch Street, Midlothian
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