2-bedroom flat · EH6 6LT
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within a historic converted whisky bond, this appealing two bedroom top-floor flat offers a bright and spacious home at the heart of Edinburgh's vibrant Shore district.
Positioned on a charming cobbled street etched with historic tramlines, the property enjoys a leafy, tranquil setting away from the bustling thoroughfare and only a five minute walk to a tram stop.A secure entry phone system provides access to the communal foyer, with lift and stair access to the top floor where the front door opens into a welcoming hallway.
Here crisp white walls, premium laminate flooring and recessed downlights create an airy, pared-back aesthetic, setting the tone for the accommodation to follow.
The inviting sitting room has a deep recessed window, a reminder of the history of the building.
With glazed french doors leading into the kitchen (also accessed independently from the hall), the space boasts a highly desirable, semi-open-plan layout - perfect for entertaining friends and family!
The bright, well-proportioned kitchen enjoys outstanding storage and worktop space, plus a range of integrated appliances.
There are two bedrooms, with the master featuring built-in wardrobes and an en-suite bathroom.
Completing this fantastic home is a pristine shower room and a practical utility cupboard (plumbed for washing machine).
Parking: Ample residents' parking, including a designated private parking space for the apartment, plus an additional visitor parking permit.
The development is maintained by Myreside Factors; an approx.
Fee of £110 per month; covers maintaining and cleaning the communal areas, maintaining the grounds, any general repairs and block buildings insurance.
Extras: Fitted floors, light fittings, blinds, dishwasher and all integrated kitchen appliances, to be included in the sale.
Property Summary In the heart of the ‘Shore' district Fourth (top) floor apartment with-in a converted whisky bond (lift access) Spacious sitting room Stylish fitted kitchen diner with french doors leading into sitting room Master bedroom with en-suite bathroom Furtherbedroom Stylish shower room Electric heating and double glazing Resident parking to rear, with one private permit, plus visitor permit Home Report Value - £245,000 Location The vibrant Shore area of Leith, in the historic port of Leith.
A wealth of bars, cafes and Michelin starred restaurants line the Water of Leith.
Nearby is the Ocean Terminal Shopping Centre, offering retail shops and includes a PureGym, Vue Cinema and moored alongside is the famous Royal Yacht Britania and the Scottish Office.
The wide open park of Leith Links, is nearby and a great social hub with local football clubs, children's playground, tennis courts and bowling greens.
The old Victoria Baths are close by, now a leisure centre, with swimming pool and fitness centre.
The Water of Leith cycle path network is easily accessible with pedestrian/cycle routes, safely connecting you to Edinburgh and outlying areas.
The property is just a five-minute walk from the nearest tram stop, providing convenient connections to Edinburgh city centre and the airport. The area is also well served by regular bus routes.
Viewing Viewing by appointment: EPC Rating EPC rating: B
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 102/87 Commercial Street, The Shore, Edinburgh, EH6 6LT
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