2-bedroom flat · EH15 1AL
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in the heart of fashionable Portobello, moments from the beach, promenade and excellent local cafes and restaurants is this spacious top floor apartment.
Now in need of modernisation the property boasts sea views, a communal garden and gas central heating and would make an ideal buy in a highly sought-after location.
The accommodation comprises a welcoming entrance hallway with a deep storage cupboard, a bright South facing lounge with feature fireplace, a contemporary breakfasting kitchen with attractive units, two well-proportioned double bedrooms and the flat is completed by a bathroom with shower over bath.
Features: Traditional tenement top floor apartment, sea views close to the beach, set on the thriving high street seconds from excellent amenities, welcoming hallway with ample sized storage cupboard, bright South facing lounge, contemporary kitchen with breakfast bar, two large double bedrooms, bathroom with shower over bath, gas central heating, communal garden, uninterrupted view of Arthur's Seat and Hillend.
Energy Rating D, Council Tax Band C. Extras included in sale are fridge freezer, dishwasher, washing machine and oven.
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.
We're still gathering serviced-accommodation data for this area.
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 114/3 Portobello High Street, Portobello, Edinburgh, EH15 1AL
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