1-bedroom house · EH9 2QY
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity has arisen to purchase this spacious second floor flat forming part of an attractive retirement complex, situated within the heart of Marchmont.
Ideally positioned close to an excellent range of local amenities, including independent shops, cafés, supermarkets and public transport links, the property offers comfortable, low-maintenance living for those aged 60 years and over.
The development provides a welcoming community atmosphere together with a range of excellent shared facilities and services, making it an ideal choice for those seeking a secure and independent lifestyle.
In brief, the accommodation comprises a secure communal entrance with lift access to all floors, leading to a welcoming entrance hallway with useful storage.
The bright and airy reception room offers ample space for both lounge and dining furniture, while the stylish fitted kitchen features a range of wall and base-mounted units.
The well-proportioned double bedroom benefits from fitted wardrobes, complemented by a contemporary shower room with electric shower.
Further benefits include electric heating, double glazing and excellent storage throughout, making this an attractive and practical home.
Residents enjoy access to a superb range of communal facilities including an attractive residents' lounge, laundry room, guest suite for visiting family and friends, wellmaintained communal gardens and both residents' and visitors' parking.
The development also benefits from the reassurance of an on-site House Manager and a 24-hour Careline emergency response system, providing additional peace of mind.
The development is managed by FirstPort Scotland, with an approximate bi-annual service charge of £1,063.
This covers the House Manager service, 24-hour Careline system, communal maintenance and the buildings insurance policy for the development. Council Tax Band - 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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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
FAQ
About 1/71 Mount Grange, Edinburgh, EH9 2QY
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