Studio flat · EH7 5YL
Listing removedListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Within excellent walking distance of the city centre, St James Quarter and Leith Walk is this ideal first time buyer flat forming part of a converted warehouse.
Located on the third floor, the building is maintained by a property factor and there is a lift to all floors.
With electric heating the accommodation includes an entrance hallway with three cupboards providing excellent storage.
The main studio room has twin windows overlooking Easter Road and there is ample space for living and bedroom furniture.
The kitchen with double glazed window to the side is fitted with modern base and wall units with double oven, induction hob, microwave, fridge and washing machine to remain.
Completing the accommodation is the contemporary shower with double shower compartment. Early viewing of this lovely property is essential.
There is a factoring arrangement in place for the upkeep of common areas including the maintenance of any common buildings, stair cleaning, and buildings insurance.
The current factor is Trinity with a monthly/quarterly/yearly payment of approximately £52.50. Leith has rapidly become one of the most exciting areas of Edinburgh to live.
The former bustling port has been replaced by a vibrant cultural scene, with a host of independent galleries and cultural and gastronomic festivals taking place throughout the year.
A range of quirky and diverse restaurants, delis, coffee shops, and artisan bars make the area extremely popular with visitors and city residents alike.
The mile-long Leith Walk and Easter Road link the area to the city centre, and have a truly impressive range of independent shops and outlets.
The nearby St James Quarter provides further shopping opportunities, along with a large cinema and range of restaurants.
The area boasts some of the best bus routes for Edinburgh allowing quick and regular travel to the city centre and beyond whilst the Edinburgh Tram line, which links Newhaven and Edinburgh Airport via the city centre, is within easy walking distance.
The open green spaces of Pilrig Park, Calton Hill, Holyrood Park and Arthur’s Seat are all within easy reach whilst links to the Water of Leith walkway are close by.
The city centre and Waverley Train Station are also within walking distance. Lounge/Bedroom (5.2m x 4.27m) Kitchen (5.2m x 1.85m) Shower Room (2.2m x 1.88m)
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 1/36, Bothwell House, Edinburgh
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