3-bedroom flat · EH21 6PT
Listing removedListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a bright and spacious, first floor flat (90 sqm) forming part of a 1950's ex local authority block of flats which is located close to the High Street and Roman Bridge.
The accommodation comprises of a hallway with storage, front facing living room, fitted kitchen, three double bedrooms, all with storage and a modern fully panelled shower room with white sanitary ware and walk in glazed shower cabinet.
This property will be sure to appeal to all purchasers and would be a perfect opportunity for a first time buyer.
Location The popular coastal town of Musselburgh is situated on the southern shore of the Firth of Forth at the mouth of the River Esk.
It is surrounded by unspoilt countryside and offers delightful walks along the river, promenade and links.
Leisure facilities are varied including the famous Musselburgh racecourse, a choice of golf courses, theatre, harbour, sailing, cycling, swimming pool/sports centre and a modern private gymnasium.
The town retains its original market town shape, which is now lined with numerous shops including a choice of banks along with a wide range of supermarkets including a large Tesco.
There are excellent educational facilities including the nearby Queen Margaret University. Transport links to Edinburgh include a railway station and regular bus services.
Fast main roads link easily with the A1, which in turn provides access to the City Bypass, major motorway connections and EdinburghInternationalAirport.
Gardens and parking The property benefits from a private section of rear garden with lawn, established shrubs, plants and trees and a wooden shed.
There is a private understair storage cupboard within the communal stairwell and ample unrestricted on street parking to the front.
Extras All the fitted floor coverings, blinds, curtains, integrated electric hob, oven, cooker hood, washing machine and wooden shed are included in the sale price.
Home report The property has been valued at £190,000 and the Home Report is available via the espc listing. Viewing By appointment telephone Agents on Viewing Tel Agents EPC Rating EPC rating: D
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
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FAQ
About 2a, Market Street, Musselburgh
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