2-bedroom bungalow · EH22 4AR
Listing removedListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pleasantly positioned within a quiet residential pocket of Newtongrange, within easy reach of many local amenities and transport links.
The property shall undoubtedly appeal to the retirees or those looking to downsize, yet would also make a fantastic home for the professionals or small families alike.
It should be noted that the property offers excellent development/extension potential (subject to the relevant permissions being obtained) and could be well suited to those with a vision to adapt and develop to their own personal specification.
This charming home offers well-laid-out accommodation across a welcoming and bright interior. Entry is via a vestibule leading into a central hallway, which provides access to all principal rooms.
The front-facing reception room is filled with natural light and features attractive hardwood flooring and neutral décor, creating a versatile space for relaxing or entertaining.
The kitchen is fitted with a combination of white wall and base units, complemented by a mix of integrated and freestanding appliances, with tiling to splash areas for practicality.
There are two generously proportioned double bedrooms, one to the rear enjoying a tranquil aspect and plush carpet flooring, and a second with an open aspect and carpeted flooring, both providing comfortable sleeping accommodation.
The fully tiled bathroom features a contemporary three-piece suite alongside a separate shower cubicle, offering convenience and flexibility.
The property shall be sold with all fixtures, fittings, integrated appliances and fitted floor coverings.
Externally, the property benefits from an expansive front garden and an enclosed rear garden, both laid to lawn, with additional convenience provided by on-street parking bays.
Council Tax Band - B EPC rating: D Viewing By appt through Neilsons 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
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FAQ
About 16, Suttieslea Crescent, Newtongrange
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