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See how verdicts work5-bedroom flat · EH3 9DP
Sold STCListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**investment sale only - being sold with tenants in situ** An excellent investment opportunity to acquire this well-proportioned second-floor HMO flat, forming part of a traditional tenement building in the highly sought-after historic Old Town.
The property is offered for investment sale only and is configured for five occupants.
The accommodation comprises a welcoming hallway with useful storage cupboard, a spacious sitting/dining room and a fitted kitchen with a range of wall and base units, integrated appliances and ample workspace.
There are five well-proportioned bedrooms, all providing ample space for freestanding bedroom furniture.
The property further benefits from a main bathroom comprising a three-piece white suite with shower over the bath, together with a separate shower room accessed from the hallway.
Further benefits include gas central heating and on-street permit parking (Zone 4).
West Port is a well-established and highly desirable area located on the western edge of Edinburgh’s historic Old Town, close to the Grassmarket and within the city centre.
The location combines historic character with a vibrant urban environment, with an excellent selection of cafés, restaurants, bars, independent shops, supermarkets and everyday amenities available throughout the surrounding area.
Edinburgh Castle, Princes Street and a wide range of cultural attractions are also easily accessible.
The area offers a variety of recreational opportunities, with the Grassmarket, Princes Street Gardens and The Meadows providing attractive outdoor spaces, alongside Edinburgh’s extensive selection of theatres, galleries, museums, gyms and leisure facilities.
Schooling is well represented across the surrounding area, with a choice of primary and secondary schools, while further and higher education facilities include the University of Edinburgh and Edinburgh Napier University.
West Port is particularly well served by public transport, with frequent bus services providing connections across Edinburgh and to surrounding areas.
Edinburgh Waverley and Haymarket railway stations offer regular rail services to destinations throughout Scotland and the wider UK, while Edinburgh Airport is readily accessible by road and public transport.
The area also benefits from convenient access to the city’s main road network, making it well connected for both local and longer-distance travel.
The property is being offered for sale as an investment opportunity only, with tenants currently in situ. The sale is subject to the existing tenancy arrangements.
Under the hmrc Anti Money Laundering legislation, all offers to purchase a property on a cash basis or subject to mortgage require evidence of source of funds and required to produce proof of identity and proof of address.
This is acceptable either as original or certified documents.
EPC: C Council Tax: E - £2933.73 inclusive of water and sewage* (*based on 2026/2027 tax year)- The City of Edinburgh Council Tenure: Freehold Electricity Supply: Mains electricity supply, with the main consumer unit located in the hall cupboard.
Water Supply: Scottish Water Sewerage: Scottish Water Heating: Gas-fired, condensing combination boiler, which supplies radiators throughout the property and delivers hot water directly from the main system.
Broadband: 1000 mbps (Potential download speed) Mobile Signal/Coverage: Full 4G and potential 5G outdoor coverage Parking: On street permit and pay-and-display parking is available on West Port and surrounding streets under zone 4 (Permits obtained upon application to The City of Edinburgh Council and payment of fees) All statements contained herein are believed to be correct but are not guaranteed and interested parties must satisfy themselves as to their accuracy.
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 unlikely to be allowed
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
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FAQ
About 149/2 West Port, Edinburgh
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