1-bedroom flat · EH7 4FD
Sold STCListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented third-floor 1 bedroom flat set within a modern development in the highly desirable Canonmills area.
Offering a peaceful yet well-connected lifestyle, just moments from excellent local amenities, green spaces and Edinburgh city centre.
This well-presented third-floor flat at 6, Flat 7 Stoddart Way forms part of a modern development in a quiet and well-established residential area of Canonmills, offering an ideal opportunity for first-time buyers, professionals and investors.
The accommodation includes a bright and contemporary open plan living room and kitchen, with the living area enjoying excellent natural light and providing a welcoming and versatile space for both relaxing and entertaining.
The kitchen is well arranged and fitted with integrated appliances, providing a good balance of storage and worktop space within a sleek, modern setting.
The double bedroom is well-proportioned and enjoys excellent natural light, with ample space to accommodate a range of freestanding furniture.
The bathroom is fitted with a modern three-piece suite, including a shower over the bath, and is finished in a clean, neutral style.
The development itself benefits from a particularly peaceful setting, offering a sense of privacy and tranquillity while remaining within easy reach of the city centre and surrounding amenities.
Location: Stoddart Way is ideally positioned within the popular Canonmills district, a vibrant and well-connected area just north of Edinburgh’s city centre.
The location offers an excellent balance of convenience and lifestyle, with a range of cafés, restaurants, bars and local shops all within easy walking distance.
Everyday amenities are right on the doorstep, including a supermarket located within the development itself, adding to the ease and practicality of city living.
Nearby Broughton Street and Stockbridge further enhance the area’s appeal, offering a variety of independent boutiques, eateries and additional amenities.
The property is also well placed for access to attractive green spaces, including the Water of Leith Walkway and Inverleith Park, both ideal for walking, cycling and outdoor leisure.
Edinburgh’s city centre is easily accessible on foot or by public transport, with regular bus services available nearby, making this an ideal location for professionals and those seeking a central yet peaceful setting.
Included in sale: White goods. Some furniture may be available by separate negotiation. Please note, no guarantees or warranties will be provided for included items.
Fees and charges: Approximately £110pcm towards maintenance of the communal areas. Home Report value: £215,000. This property is situated in a building with external cladding.
An EWS1 certificate has been carried out and will be provided to the purchaser.
We believe all information provided is accurate, but we can’t guarantee it so we encourage you to double-check the details for yourself.
We are NAEA Propertymark Accredited and proud to have won The Negotiator Awards Scottish Agent of the Year in 2021 and 2023.
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.
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About Stoddart Way, Canonmills, Edinburgh, EH7
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