2-bedroom house · EH22 4PZ
Listing removedListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to 40 Third Street, Newtongrange-a spacious two-bedroom extended terraced cottage, ideal for first time buyers, young families and those looking for ground floor living.
This lovely property is situated near local amenities and just a short walk from Newtongrange train station.
It features double glazing, a recent gas central heating system, new kitchen and bathroom was replaced in 2018, private gardens to the front and rear, with a driveway providing off-street parking to the rear.
The property is presented in turnkey condition throughout and an appointment to view is highly recommended and should be made at your earliest convenience. Superb much sought-after location.
Spacious accommodation presented in turnkey condition. Entrance vestibule. Living and dining room with twin facing windows with window shutters, picture rail and cornice.
Lovely newly fitted dining kitchen with rear garden access, roof Velux windows, a range of modern handleless base, wall, and larder units, quality worktops, inset sink, induction hob, glass splashback, extractor, oven, and integrated appliances including a fridge freezer, dishwasher, and washing machine.
Inner hall, Ramsay ladder loft access (part floored with light). Family shower room, double shower base with electric shower, wc, sink with vanity unit, open shelved display and wall vanity unit.
Principle bedroom with rear facing window. Double bedroom two with twin front facing windows, built-in wardrobes and an Edinburgh press. Recent gas central heating and double glazing.
Private landscaped garden grounds to the front and rear, providing a lovely space for outside entertaining. Resin driveway to the rear providing off street parking. Viewing is essential.
Viewing By appointment with McDougall McQueen EPC Rating EPC rating: C
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 40, Third Street, Newtongrange
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