2-bedroom flat · EH6 4JP
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Viewing is recommended of this upper flat situated within the highly regarded Newhaven area to the North of the city centre and close to the Firth of Forth.
The trendy cosmopolitan area of The Shore is close by and offers a selection of restaurants, bars and bistros.
In addition to this the Ocean Terminal Shopping Centre also offers further dining facilities and a selection of stores, multi-screen cinema and gym.
Excellent schooling is also provided both at primary and secondary level.
A good choice of public transport offers quick and easy access to the city centre and surrounding areas in addition to the tram running from Newhaven to Edinburgh International Airport and a local park within walking distance The property is accessed through a vestibule shared with the lower flat, with stairs leading to a bright upper hallway.
Lit naturally by a skylight, the hallway provides access to all rooms and offers excellent storage.
The front-facing living room features a deep bay window, fireplace, laminate flooring and plain cornicing.
To the rear, the kitchen/breakfast room includes wall and base units, an electric oven, gas hob, stainless steel cooker hood, fridge, freezer and automatic washing machine.
There are two double bedrooms, one at the front and one at the rear, both with fitted wardrobes.
The accommodation is completed by a tiled bathroom with a skylight, heated towel rail and three-piece suite, including a roll-top bath with a shower attachment to the taps.
Please note the hot water tap for the washing hand basin in the bathroom does not work. Please also note the fire needs to be tested before using in livingroom (do not switch on before testing).
The oven door is slightly loose and one of the gas burners on the hob does not produce a flame. For the avoidance of any doubt none of this will be repaired or replaced.
Viewing Call Beveridge & Kellas on EPC Rating EPC rating: D
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 16/2 Jessfield Terrace, EDINBURGH, EH6 4JP
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