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 work4-bedroom house · EH32 0JD
Listing removedListed 345 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Overlooking Cockenzie Memorial Gardens, this is a rarely available, extended (125m sq) mid terraced cottage.
The property now requires some modernisation and upgrading but benefits from gas central heating and double glazing.
The accommodation comprises, an entrance hall with staircase, bedroom, rear facing living room with modern electric fire, rear hall giving access to the fitted kitchen with appliances, sunroom and modern fully panelled shower room with two piece white suite and walk in shower cabinet as well as plumbing for an automatic washing machine.
Upstairs there is a landing with generous storage cupboard, three further bedrooms, a study and WC.
There is a small gated front garden whilst to the rear is a larger enclosed rear garden with lawn, paved patio, brick built barbecue, external storage cellar, a variety of established shrubs and trees and a gate giving access to the rear lane.
There is unrestricted on street parking available to the front of the property. Cockenzie enjoys a coastal setting on the southern shores of the Firth of Forth with attractive working harbour.
It is a quiet yet convenient setting only 5 miles from the centre of Musselburgh and is within easy reach of Edinburgh City Centre.
Cockenzie and Port Seton have historic interests and has proved a popular choice with discerning purchasers of all age groups.
There are social and recreational amenities including a community centre and shopping facilities as well as being close to Cockenzie primary school.
Regular bus services operate and fast main roads lead to all surrounding areas via the A1 and Edinburgh City Bypass, which connects quickly and easily motorway networks.
At neighbouring Prestonpans there is a rail station offering a regular service to Edinburgh Waverley. EPC rating: D Viewing By appt 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
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)
FAQ
About 12, East Lorimer Place, Cockenzie
Explore nearby