4-bedroom flat · EH6 8SG
No longer listedReduced £100 (−4.3%) on 16 SepListed 87 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This bright and airy four-bedroom ground floor HMO flat offers beautifully presented, neutrally decorated accommodation with access to a communal garden, all set in the heart of Edinburgh.
The accommodation comprises a welcoming entrance hallway providing access to all rooms, a fully renovated kitchen fitted with a wide range of base and wall-mounted units, four generously proportioned double bedrooms, each with built-in wardrobes, and a modern bathroom with a shower.
Iona Street is a popular residential address, ideally positioned between the vibrant neighbourhoods of Leith Walk and Easter Road.
The area boasts an excellent selection of cafés, bars, restaurants, shops and local amenities, while Edinburgh City Centre is just a short distance away, offering world-renowned shopping, dining, museums and cultural attractions.
For those who enjoy outdoor space, the beautiful Holyrood Park, historic Calton Hill and Leith Links are all within easy reach.
The property also benefits from excellent transport links, with numerous bus routes serving the area, Edinburgh Waverley Station nearby, and the Balfour Street tram stop on Leith Walk providing swift access to Edinburgh International Airport and destinations across the city.
For motorists, London Road offers direct access to the A1, Edinburgh City Bypass and the wider motorway network. EPC rating: D. Landlord Registration Number: 23085/230/09390.
Letting Agent Registration Number: LARN 1808007.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
Short let unlikely to be allowed
We're still gathering serviced-accommodation data for this area.
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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 Iona Street, Leith, Edinburgh, EH6
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