2-bedroom flat · EH41 4EB
Listing removedListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying the second floor of the beautifully renovated former school building, The Knox Institute, this bright and well-presented two-bedroom retirement apartment enjoys a desirable southerly aspect and presents an excellent opportunity.
A carpeted hallway leads to a light-filled sitting room, an inviting space for everyday living and relaxation.
Adjacent, the well-equipped kitchen is fitted with ample wall and floor units, generous worktop space, and integrated appliances including a hob, extractor hood, and oven.
Both double bedrooms are flooded with natural light and feature built-in wardrobes, carpeting, and a crisp neutral decor, creating peaceful and versatile accommodation.
Completing the layout is a well-appointed wet room. Residents also benefit from shared landscaped grounds and parking. Additional information: Occupants must be 55+ years.
The property is factored by Trinity Factors. The factor fee which includes common buildings insurance, is approximately £175 per month.
Exit Fee - Upon the sale of the property, the proprietor shall pay 0.25% of the sale price for each year of their occupation up to a maximum of 5%.
Viewing Contact Paris Steele on EPC Rating EPC rating: C
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
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 advisors 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
Agent & docs
FAQ
About 28, Knox Court, Knox Place, Haddington
Explore nearby