3-bedroom flat · EH21 7DN
Listing removedReduced £5k (−2.6%) on 31 JulListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a generously proportioned (83m sq) first floor flat, one of six in a block, in a central location close to the High Street and Tesco superstore.
The property is in good decorative order and benefits from gas central heating and double glazing throughout.
Accommodation comprises well maintained shared entrance and stair, reception hall with storage, bright front facing lounge with feature fireplace, modern fitted kitchen with integrated appliances, Belfast sink and wooden drying pulley, three generous double bedrooms and a part tiled bathroom with three piece white suite.
The popular coastal town of Musselburgh is situated on the southern shore of the Firth of Forth at the mouth of the River Esk.
It is surrounded by unspoilt countryside and offers delightful walks along the river, promenade and links.
Leisure facilities are varied including the famous Musselburgh Racecourse, choice of golf courses, theatre, harbour, sailing, cycling, swimming pool/sports centre and modern gymnasium.
The town retains its original market town shape, which is now lined with numerous shops, including a choice of banks along with a wide range of supermarkets including a large Tesco.
There are excellent educational facilities within the town including the Queen Margaret University. Transport links to Edinburgh include a railway station and regular bus services.
Fast main roads link easily with the A1, which in turn provides access to the City Bypass, major motorway connections and Edinburgh International Airport.
Gardens and parking There is a large, private garden to the rear of the property with a wooden shed. There is ample unrestricted on street parking.
Extras: All the fitted floor coverings, curtains, gas range style cooker fridge, freezer, dishwasher, automatic washing machine and wooden shed are included within the sale price.
Home report: The property is valued at £190,000 and the Home Report is available via the espc link. Viewing: By appointment telephone Agents on Viewing By appt tel Agents 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
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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
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FAQ
About 6c, Mansfield Place, Musselburgh
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