2-bedroom flat · EH6 5FH
For saleListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property Welcome to Flat 27/16 Ashley Place a modern chain free Fourth Floor Apartment with lift access, offering bright and well-proportioned accommodation with Two Double Bedrooms located within walking distance of the sought after area of Leith Walk making an ideal City Centre residence.
Ashley Place enjoys a convenient setting with excellent local amenities and regular public transport including a nearby tram link.
This chain free property offers buyers a great opportunity with immaculate move-in ready presentation comprising: An Entrance Hallway with a storage cupboard, a bright and spacious open plan Lounge/Dining/Kitchen, a Principal Bedroom with a double fitted-wardrobe and an attractive En-Suite, a second generously sized Double Bedroom also offering a double fitted-wardrobe and the three-piece Family Bathroom completes the internal layout.
The Lounge/Dining enjoys an abundance of natural light with a large window formation incorporating a glazed door opening to a ''Juliet Balcony'' with ample space for relaxation and entertaining.
The modern Kitchen comprises an excellent range of base and wall cabinets with complementary work surfaces featuring an integrated electric hob, with an extractor canopy and an electric oven with space for free standing appliances.
The Principal En-Suite and three-piece Family Bathroom both offer high specification fittings with attractive tiled surrounds adding the finishing touch.
Further benefits include a secure intercom entry system, gas central heating, double glazing, lift access, resident's parking with unrestricted on-street parking also available.
This attractive, move-in ready property offers an ideal first time buyers opportunity with early viewing highly recommended.
Location Ashley Place lies just off Newhaven Road in the popular area of Bonnington - just a brief stroll from Leith Walk and Broughton Street - in the heart of one of Edinburgh's most vibrant districts, approximately 1.5 miles North East of Princes Street and is therefore ideally placed for those working within the city centre with a regular bus service available on Newhaven Road.
Within the immediate vicinity there is a wide range of amenities to meet every day needs including shops, post office, newsagents, Tesco superstore with Costa coffee, Newhaven Park and Water of Leith Walkway with cycle path.
The bustling and lively area of the neighbouring Shore district has a plethora of waterside bars and restaurants with seafood specialists, Michelin-starred restaurants, including The Kitchin and Martin Wishart's.
Local schooling can be accessed at Broughton Primary School, St. Mary's Roman Catholic Primary School, Bun-sgoil Taobh na Pàirce (the Gaelic primary school) and Drummond Community High.
Beautiful green spaces can be enjoyed at nearby Pilrig Park, Leith Links and The Royal Botanic Gardens.
An efficient public transport network operates to other parts of the city and surrounding areas, with a Tram Link nearby on Leith Walk and also within easy access of the city bypass and main motorway networks linking North and South.
An ideal location to enjoy city life and all it has to offer.
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 16 Flat 27 Ashley Place, Edinburgh
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