2-bedroom terraced house · EH41 4LR
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Forming part of an attractive rural steading conversion, this delightful two-bedroom home offers bright and spacious accommodation arranged over two levels.
Combining character and practicality, the property benefits from large living spaces, double glazing and gas central heating throughout.
The welcoming entrance hall leads to a spacious living room and a superb kitchen/diner, offering an ideal setting for both everyday family life and entertaining.
The ground floor is further enhanced by a useful utility room with WC, providing valuable additional storage and convenience.
Occupying the upper floor are two impressive double bedrooms, each benefiting from fitted storage and generous proportions, together with a well-appointed family bathroom complete with separate bath and shower facilities.
Externally, the property enjoys access to well-maintained communal courtyard and garden grounds, creating an attractive outdoor environment for residents.
Further benefits include a large single garage, allocated parking and plentiful visitor parking all covered by communal bollard lighting.
A school bus stop for the popular primary school in Gifford and secondary school in Haddington serves the Steading.
Location Mainshill is a charming rural community set within the picturesque East Lothian countryside, just a short drive from the attractive village of Gifford and the county town of Haddington.
Gifford offers a range of clubs and activities while Haddington offers an excellent range of shops, restaurants, cafés and leisure facilities and is ideally located close to the A1 for easy access to Edinburgh and the south.
East Lothian's beautiful villages, stunning coastline and renowned golf courses are all within easy reach, with delightful countryside and riverside walks nearby.
Haddington also benefits from a golf course, excellent sports centre with swimming pool, and well-regarded primary and secondary schooling, including Knox Academy.
Rail links are available from nearby Drem and East Linton stations, complemented by regular bus services throughout the area.
Extras The items included in the sale of the property are the carpets, fitted floor coverings, integrated appliances, light fittings and fixtures.
Free-standing appliances may be available by separate negotiation. Council Tax band D Some images have been virtually staged. The furniture shown will not be included in the sale price.
A monthly charge of £30 per property is payable to the Mainshill Residents Association, contributing towards the upkeep of communal grounds, security lighting, drainage, parking areas and annual roof maintenance.
A £50 residents' deposit is also payable. Any offers should be submitted to
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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FAQ
About 5 The Square, Haddington, Mainshill, EH41 4LR
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