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See how verdicts work4-bedroom detached house · EH45 9HQ
Under offerReduced £25k (−3.6%) on 26 OctListed 464 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated just off Bonnington Road in the picturesque town of Peebles, Orchard Lea is a beautifully renovated and extended detached former coach house, offering 173m² of flexible living space in a tranquil yet convenient setting.
Originally constructed circa 1890 and converted into residential accommodation in the 1970s, this character-filled home underwent a comprehensive renovation and extension in 2015, blending traditional charm with modern living.
At the heart of the home is a stunning open-plan family/kitchen/dining room—a true showstopper—featuring a fully integrated kitchen, wood-burning stove, and patio doors opening directly onto the rear garden.
Perfect for entertaining or relaxing with family, this space is flooded with natural light and offers seamless indoor-outdoor living.
The property's adaptable layout includes a ground-floor fourth bedroom, offering flexibility to be used as a guest room, home office, or additional living space, making it ideal for evolving lifestyle needs.
Set on a generous garden plot, the grounds are predominantly laid to lawn, complemented by a private patio area—perfect for al fresco dining.
A standout feature is the in-and-out crescent driveway, providing easy access and ample parking, along with an attached garage complete with power and lighting.
This unique home combines heritage, comfort, and space, all within walking distance of the amenities and schools of Peebles.
Accommodation GROUND FLOOR * Hallway * Open plan living / dining / kitchen with integrated appliances, wood burning stove and patio doors to the rear * Sitting room with a wood burning stove * Bedroom 4 / study * Utility room * Shower room FIRST FLOOR * Upper landing * Master bedroom with fitted wardrobes and an en-suite shower room * Two further spacious bedrooms * Family bathroom with an over-bath shower ADDITIONAL INFORMATION * Double gazing * Gas central heating supplying a mixture of underfloor heating and radiators * Generous wraparound landscaped garden, including a well-maintained patio area * Timber summer house * In and Out crescent driveway providing ample parking * Attached single garage with power and light - the Garage has previously had planning permission approved to convert the Garage in to a one bedroom studio (permission has now lapsed)
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short-let licence or registration needed
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
Agent & docs
FAQ
About Orchard Lea, Craigerne Lane, Peebles, EH45 9HQ
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