2-bedroom flat · EH6 4BB
Under offerListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A particularly attractive two-bedroom, top-floor period flat enjoying an enviable position in Leith, just a stone's throw from Newhaven, the tram link and an excellent range of local amenities.
Combining generously proportioned rooms with an abundance of charming period features and wood flooring, the property offers a wonderful opportunity for a buyer looking to create a stylish and characterful home.
The property is accessed via a well-maintained communal stair, featuring a shared store and a cupola which floods the stairwell with natural light.
On entering the flat, the hallway provides good storage.
The impressive lounge is undoubtedly a highlight of the property, featuring intricate cornicing, a decorative ceiling rose and a traditional Edinburgh Press.
Twin windows, complete with working shutters, provide an abundance of natural light and enjoy lovely views towards the sea.
The room is particularly well proportioned, offering excellent space for both comfortable seating and dining.
The breakfasting kitchen is fitted with a range of wall and floor-mounted units, complemented by appliances. There is a useful larder cupboard, while the window provides an outlook towards the sea.
The generous master bedroom benefits from a fitted wardrobe and an attractive outlook towards Arthur's Seat. A door leads through to a spacious box room, ideal as a walk-in wardrobe or home office.
The second double bedroom is also a good-size and retains its original working window shutters, adding further character.
The bathroom comprises a bath with overhead shower, wash hand basin and WC, with tiled walls and floor. Externally, the property benefits from a shared rear garden and permit parking.
The property would benefit from some modernisation, but offers a rare combination of exceptionally well-proportioned rooms, attractive period detailing, excellent natural light and far-reaching views.
With its superb location close to the tram, local amenities and the waterfront, this is a property with considerable potential to create a beautiful home.
Leith is a popular, established and independent community and is very much self-contained.
There is an excellent choice of places to eat and drink, several places of entertainment and a vibrant atmosphere.
In addition, Leith has its own amenities with several doctor surgeries and a choice of dentists.
The Shore area of Leith, which is situated on either side of the Water of Leith as it approaches the sea, has become a particularly fashionable area, as well as Leith Walk with its array of shops, cafes and restaurants.
Leith also has its own Primary and Secondary schools, the Academy being a community high school.
From here, it is a short walk into the city centre, with the option of using one of the many and frequent bus services that use this route, or the tram which offers a fantastic service from Newhaven, through Leith, the city centre and as far as Edinburgh Airport.
Leith is also perfectly located for ease of travel to many parts of the city and beyond. Ferry Road gives access to the west as well as routes out to the east.
In both these directions, there are direct links with the City By-pass.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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 27/6 Portland Street, Edinburgh, EH6 4BB
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