2-bedroom flat · EH32 9FT
Listing removedListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity has arisen to acquire this superb upper villa situated in a modern and quiet development in Prestonpans.
Close to good local amenities and commuting links, this property makes for an ideal purchase for first-time and professionals alike.
The accommodation comprises a welcoming entrance vestibule with useful storage and a staircase leading to the upper floor, a bright and spacious reception room, and a stylish fitted kitchen with a range of modern base and wall-mounted units.
There are two well-proportioned double bedrooms, with the principal bedroom benefiting from fitted wardrobes, and a contemporary shower room, recently upgraded to a high standard.
Further benefits include gas central heating, double glazing, and a floored attic accessed via a Ramsay ladder, providing excellent additional storage space.
The development is set within well-maintained communal grounds and is professionally managed by Ross & Liddell for an approximate monthly fee of £53.
This covers the maintenance of the communal areas and the block buildings insurance. Residents' parking is available to the front of the property for added convenience.
Counciil Tax Band - C Viewing By appt through Neilsons 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
Set an offer; the calculator follows it.
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
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FAQ
About 33, McGregor Pend, Prestonpans
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