2-bedroom flat · EH14 7HH
Sold STCListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
McEwan Fraser Legal is delighted to present this beautifully presented two-bedroom ground-floor flat, quietly positioned within a popular residential development in the highly sought-after village of Balerno.
Recently upgraded and offered to the market in excellent condition, the property benefits from its own private front door, private front and rear gardens, together with the considerable advantage of a single garage.
Internally, the accommodation is bright, well proportioned and presented in excellent order throughout.
The spacious living room is a particularly attractive space, with a large picture window allowing an abundance of natural light and providing plenty of room for both relaxing and entertaining.
The fitted kitchen offers a good range of wall and base-mounted units, complemented by an electric oven, gas hob, and free-standing appliances.
There are two well-proportioned double bedrooms, with the principal bedroom benefiting from fitted wardrobes, while the family bathroom is finished in a modern style with a shower over the bath.
Excellent storage is available throughout the flat, while gas central heating and double glazing provide warmth and comfort.
Outside, the property enjoys its own private front garden together with an enclosed rear garden, which has been designed with ease of maintenance in mind and provides an attractive space for sitting outside and entertaining during the warmer months.
A single garage is also included in the sale, providing valuable additional storage space.
Electricity Supply: SP Energy Networks Water Supply: Scottish Water Sewerage: Scottish Water Broadband / Mobile Coverage: Full 4G coverage, limited 3G and 5G.
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 61 Cairns Drive, Balerno, Edinburgh, EH14 7HH
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