We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · EH22 4QY
Sold STCListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property Welcome to 5 Monkswood Road, a most appealing and rarely available Detached Bungalow with Two Double Bedrooms, a Conservatory, with a large private driveway and lovely landscaped gardens offering excellent family accommodation enjoying an ideal setting on a corner site in a quiet cul-de-sac within a desirable residential location which forms part of the popular Midlothian village of Newtongrange.
This lovely family home offers a abundance of highlights, within easy reach of the varied and excellent local amenities, including a Train Station just minutes from the property and also offering nearby transport links to Edinburgh City Centre and the City Bypass.
The property offers stunning, immaculate move-in presentation comprising: A welcoming Entrance Hallway with a convenient double storage cupboard, a spacious and bright Lounge, a Conservatory with French Doors opening to the patio and garden, a contemporary Kitchen, a spacious Principal Double Bedroom with a En-Suite, a second generously sized Double Bedroom and the bright three-piece Family Bathroom completes the accommodation.
The spacious and bright Lounge enjoys a open outlook with a large picture window set to the front and a side window creating a corner aspect with an abundance of natural light.
A contemporary media wall featuring a fireplace with ''LED'' lighting creating a focal point for the room with ample space for relaxation and entertaining.
The stunning Kitchen comprises an excellent range of base and wall cabinets, with complementary work surfaces featuring attractive ''slip-brick'' designed tiled surrounds with bespoke under cabinet lighting.
Integrated appliances include a gas hob with an extractor hood, an electric oven, fridge/freezer, washing machine and a dishwasher.
A door from the Kitchen provides access to the Conservatory creating additional living space.
The Principle Bedroom boasts generous proportions with ample space for free standing furniture and the stylish En-Suite offers a thermostatic ''rain-fall'' shower with a glazed screen and attractive tiled surrounds, a WC, a wash hand basin set in a floating vanity cabinet with storage drawers and a heated towel rail adds the finishing touch to this luxury space.
The second Double Bedroom is bright and spacious with ample space for free standing furniture.
The three-piece Family Bathroom comprises a bath with the WC and wash hand basin set in a vanity cabinet with storage and ''wet'' wall panel surrounds.
Externally there is a generously sized private driveway and a private front garden laid to lawn on a corner plot with borders of mature plants and shrubs.
The enclosed, child friendly and secluded rear garden offers a large paved patio, an area laid with chips, ideal for plant pot displays with a gate providing access to the front and a garden shed.
Further benefits include Gas Central Heating with recently installed combi boiler, Double Glazing, window blinds and further un-restricted on street visitor parking is also available.
An impressive family home, offering spacious accommodation in a highly regarded, quiet and popular residential location with early viewing essential to fully appreciate the opportunity on offer.
The Location The Village of Newtongrange is a thriving community and the property lies approximately seven miles south east of Edinburgh City Centre being very popular with commuters.
Locally there is a selection of shops, schools, leisure and recreational facilities.
The local area also has a wealth of open countryside and a short journey away are the neighbouring towns of Dalkeith and Bonnyrigg where more extensive facilities can be found.
There is also a Tesco food store at Hardengreen which is a short journey away. Regular bus services provide ease of commuting in and around the surrounding towns and to Edinburgh City Centre.
Access to the A7/A68 and the City Bypass are nearby which in turn connect to all other major routes in and around the area.
The Borders Railway Line provides a link to Edinburgh Waverley with a station in Newtongrange making this the ideal commuter location.
Lovely green spaces can be enjoyed at the nearby country parks at Vogrie Estate and Dalkeith country park with ''Restoration Yard'' offering a gift shop, coffee shop and restaurant.
A popular location with excellent local and nearby amenities.
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.
Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png){kind=logo}
FAQ
About 5 Monkswood Road, Newtongrange
Explore nearby
