We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · EH22 4JR
Listing removedListed 171 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to 49 Eighth Street, an excellent opportunity for first-time buyers or individuals seeking to downsize for ground floor living.
We are pleased to offer this two-bedroom semi-detached cottage, situated in a highly regarded residential area in the village of Newtongrange, Midlothian.
The property offers well-proportioned ground floor accommodation, with generously sized gardens to both the front and rear.
Conveniently located near local amenities and within easy walking distance of Newtongrange train station, the residence is presented in good order throughout and includes double glazing, new gas central heating boiler, a driveway to the rear with wooden garage, and an attached brick-built store.
Due to its desirable location and property style, early viewing is recommended. Superb much sought-after location. Spacious accommodation presented in good clean condition throughout.
Entrance vestibule. Hallway with loft access (part floored with light). Living room with twin front facing windows, inset fireplace (capped gas supply), and open press style display and storage.
Fitted breakfasting kitchen with a range of base and wall units, gas cooker, washing machine, and fridge freezer. Spacious main bedroom with bay window to the front, and Edinburgh press storage.
Bedroom two with rear facing window. Family shower room, walk-in shower, wc, sink, and wall vanity unit. Gas central heating (new boiler), double glazing, and attached brick-built store.
Private garden grounds to the front and rear, providing a lovely space for outside entertaining. Off street parking to the rear provided by a driveway, and unrestricted on-street parking to the front.
Wooden garage and shed, both with light and power. Viewing By appointment with McDougall McQueen 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
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 49, Eighth Street, Newtongrange
Explore nearby