2-bedroom flat · EH20 9JA
Listing removedListed 286 days
Opportunity summary
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About
The Property Welcome to 54 Kennington Avenue is a main door Lower Villa Flat with Two Double Bedrooms and private gardens, well positioned in a residential street forming part of the popular Midlothian Town of Loanhead, with excellent local amenities within walking distance.
The property offers comfortable and spacious accommodation offering an ideal first time buyers opportunity, comprising Entrance Hallway, a spacious Lounge set to the rear overlooking the gardens, a fitted Kitchen/Dining, Two good sized double bedrooms and a three piece Shower Room completes the accommodation.
Further benefits include Gas Central Heating, Double Glazing. Externally there is a private garden set to the rear of the property with an area laid to lawn..
Residents benefit from un-restricted on street parking. Early viewing is recommended to fully appreciate this spacious property which offers development potential.
EPC Rating E The Location Kennington Avenue is situated in a residential street in popular Loanhead, a historic town, surrounded by beautiful Midlothian countryside, approximately 1.5 miles from the city bypass and 6 miles south of Edinburgh city centre.
Loanhead is well positioned for Edinburgh University, Edinburgh's Royal Infirmary Hospital and the recently opened Hospital for Sick Children all within easy reach.
Set amidst the countryside of the Esk valley it offers a good choice of local shops, bars, coffee shops, restaurants, and service outlets.
In addition, the nearby retail park at Straiton, provides a Sainsbury's supermarket, Boots, an M&S food store and other high-street names.
One of Scotland's three ikea stores also lies close by, as well as Asda and Costco supermarkets.
Loanhead has a leisure centre with a pool and gym, and play parks, with numerous off-road cycle and walking paths into the countryside.
Nearby Lasswade offers excellent restaurants with The Paper Mill and Luci’s Cocktail Bar & Restaurant along with a popular country hotel with bar.
There is a wide range of recreational and leisure facilities within the area as well as a number of golf courses including Kings Acre, Broomieknowe and Melville Golf Centre.
The Esk Valley and Pentland Hills offer a variety of picturesque walks and the Hillend dry ski slope is nearby.
Lasswade Riding School is located a short walk from the property offering a wide range of facilities for the horse enthusiast, with lovely country walks surrounding the stables.
Schooling is available within the town at primary level, as well as Lasswade High for secondary education.
Regular bus services pass through the town for connection to Edinburgh centre and the surrounding areas, and there is easy access to the A720 city-by-pass connecting to Edinburgh Airport and surrounding motorway routes.
Nearby Eskbank offers a rail link to Waverley Station on the Borders Railway with a Park and Ride service.
A fantastic location with excellent local amenities on the doorstep make this an ideal family choice.
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 54 Kennington Avenue, Loanhead
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