1-bedroom flat · EH22 1EZ
Listing removedListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Bowman’s View, this attractive one-bedroom lower ground floor flat forms part of a sought-after factored, retirement development built by McCarthy & Stone in 2007 and finished to a high standard.
The development is located in the popular Midlothian town of Dalkeith, close to many local amenities and transport links, further benefits include secluded private beautifully kept communal garden areas which can be accessed via the property, private residents parking and lift access.
Viewings by appointment. Reception hallway. Living/dining room with access to quiet rear gardens. Fitted kitchen. Double bedroom. Shower room. Secure entry. Electric heating. Double glazing.
Well maintained Communal gardens. Residents parking. House Manager, 24 hour careline service. Guest Suite (small charge for visitors). Residents Lounge. Laundry room on the same floor.
Lift access to all floors. The purchaser must have attained 60 years of age, or, in the case of a couple, their partner can be a minimum 55 years of age.
Potential purchasers must all be approved by First Port.
Agent’s Note: The development is factored by First Port Management with an approximate annual fee of £1250.00 which includes a block buildings insurance.
Further information on the factors can be found via the factor’s website. Please note, this information is correct at the time of publication, it should always be confirmed at the point of offer.
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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Short-let licence or registration needed
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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 3, Bowmans View, Dalkeith
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