3-bedroom flat · EH45 8EJ
To rentListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
31 Station Bank is an immaculately presented and spacious flat within a prestigious modern development in the sought-after town of Peebles.
Enjoying a convenient central location, the property offers beautiful views towards Gypsy Glen and Glensax, with the added benefits of lift access, well-maintained communal gardens, residents’ parking and a private garage.
Generously proportioned throughout, the property offers bright and versatile accommodation, complemented by neutral décor and large picture windows that maximise natural light.
The newly fitted bathroom and en-suite shower room add a contemporary touch, making this an ideal home for professionals, couples or those seeking comfortable, low-maintenance living.
Accessed via a secure communal entrance, the accommodation comprises a welcoming entrance hallway with useful cupboard storage, leading to a spacious lounge with comfortable carpeting and large windows offering pleasant views across the communal gardens towards the surrounding hills.
Double doors lead to a separate dining room, which could also be utilised as a third bedroom, providing excellent flexibility to suit a variety of needs.
The kitchen diner is fitted with a range of units and includes an integrated fridge freezer, washing machine, dishwasher, oven and hob.
There are two generously proportioned double bedrooms, both benefiting from fitted wardrobes and comfortable carpeting.
The principal bedroom further benefits from a newly fitted en-suite shower room, while a newly fitted, spacious bathroom completes the accommodation.
Further benefits include gas central heating and double glazing. The development is set within neatly maintained communal garden grounds, providing an attractive outdoor space for residents to enjoy.
Residents’ parking is available, along with the valuable addition of a secure single garage for private use.
Station Bank enjoys a central position in Peebles, a popular Borders town offering a range of local shops, cafés, restaurants and everyday amenities.
The surrounding countryside provides excellent opportunities for walking, cycling and outdoor recreation, with the attractive views towards Gypsy Glen and Glensax further enhancing the appeal of this desirable location.
EPC rating: B. Landlord Registration Number: 7993-NYZG-GZZG-CH43. Letting Agent Registration Number: 1812052.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short-let licence or registration needed
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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
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FAQ
About 31 Station Bank, Peebles, EH45 8EJ
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