3-bedroom flat · EH5 1FS
Listing removedListed 124 days · slow let
Opportunity summary
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About
Beautifully presented, second floor apartment forming part of a luxury modern development in Granton, North of Edinburgh City Centre.
Accommodation comprises; Well-kept communal entrance with lift access to second floor; Bright and welcoming hall with two cupboards providing plenty storage; Principal bedroom with built-in wardrobe and ensuite shower room; Two further double bedrooms, one benefits from fitted mirrored wardrobes and the other is currently being used as a study/home office; Large bright and spacious open plan living room/dining/kitchen with a modern well-equipped kitchen and island, with further space available in the utility cupboard, and excellent living space with room for a dining area, with two large windows overlooking the canal with sea views over to Fife, and a private balcony off the kitchen; Modern family bathroom with shower over bath; Property further benefits from gas central heating, double glazing and secure underground parking.
This property enjoys a peaceful canal setting whilst enjoying unrivalled views over the Firth of Forth over to Fife. Granton has a thriving local community and countless amenities on its doorstep.
There are plentiful nearby pubs, cafes and restaurants along with a great selection of specialist shops and major supermarkets.
Ocean Terminal shopping centre is within walking distance, as is Leith Shore. Sports facilities include sailing at Granton and the David Lloyd Leisure Centre at Western Harbour.
The area is well served by schools with a choice of nurseries, Victoria Primary School and Trinity Academy all within easy reach.
There are also excellent transport links, with numerous bus services providing direct route to the city centre and beyond.
The Edinburgh Tram terminated at Newhaven, a short walk away, whilst extensive nearby cycle paths and road access is easily accessible.
Deposit: £1,850 EPC rating: B Council Tax Band: F Pets considered Landlord Registration Number: 506069/230/24082 and 505876/230/22082 LARN1903047 EPC Rating: B Council Tax Band: F
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
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FAQ
About Merlin Avenue, Edinburgh
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