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See how verdicts workProperty · EH3 8EN
Listing removedReduced £30k (−35.3%) on 5 AugListed 1015 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
About This Property Only two spaces left - A secure and well-located tandem parking space ideally located within the Fountainbridge area of Edinburgh within the City centre.
Positioned one in front of the other, each space is standard in size and the underground car park is accessed via a secure gate.
Available for purchase £85,000 *Please note, parking spaces are exempt from paying council tax and do not have an EPC banding* Situation McEwan Square is situated in the Fountainbridge area of Edinburgh, minutes’ walk from Edinburgh prestigious West End.
The local area enjoys all the benefits of City Centre living with a wide selection of quality restaurants and bistros.
The property also offers quick access to Haymarket Railway Station, the forthcoming tram system, the Exchange financial district and the relaxed environment of the Union Canal Basin.
There is a Sainsbury's, Cameo and Odeon Cinemas and a whole host of great café’s and bars all within five minutes’ walk.
There are good local shops both in Tollcross and at Haymarket and the Fountain Park Leisure Development with its multi-screen cinema, restaurants, bars, health club and bowling alley is a short walk away.
The area has an excellent bus service to and from the City Centre and beyond.
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 restrictions apply
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
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FAQ
About DUAL PARKING SPACE,, MCEWAN SQUARE, MCEWAN SQUARE
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