1-bedroom flat · EH45 8FB
Under offerListed 20 days
Opportunity summary
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About
Welcome to 33 Venlaw View, Innerleithen Road, Peebles This one-bedroom second-floor retirement flat (for those aged 60 years and over) forms part of a much sought-after retirement development with scenic views and a highly convenient location in Peebles.
It is close to transport links, excellent amenities, and idyllic green spaces.
Meanwhile, the property itself is attractively presented throughout, including a quality kitchen and an easily accessible shower room.
It enjoys a spacious reception area too, and an equally generous double bedroom with a walk-in wardrobe.
Additionally, the development provides superb on-site facilities, including a mature shared garden and private residents’ carpark.
There is also a communal lounge and laundry room, non-resident management staff, guest facilities, and a Careline alarm system.
Take a look around Accessed via a secure communal entrance and a lift to all floors, the flat’s front door opens to a hall with two built-in cupboards.
Neutral decoration and soft carpeting set the standards, flowing directly ahead into the living/dining room.
Here, the understated décor adds to the bright ambience along with dual-aspect windows to the east and south, which capture lovely elevated views and an abundance of daily sun.
Inviting and spacious, this room also benefits from a modern fireplace for added cosiness.
Double doors open into the adjacent kitchen, which sports timber-tone base and wall cabinets and stone-inspired worktops.
It is a well-appointed space that also comes with an integrated oven, ceramic hob, and extractor hood.
Bedroom and shower room The double bedroom enjoys a large footprint and a south-facing aspect, providing a light and airy space with plenty of room for bedside furnishings.
It has the advantage of a walk-in mirrored wardrobe as well, offering generous clothes storage. A modern three-piece shower room is conveniently next door.
It features a WC suite with storage and counterspace, a downlit mirror, and a step-in shower cubicle with a foldable seat and overhead rainfall shower.
Electric heating and double glazing ensure year-round comfort.
Tour The Grounds Outside, the development provides a beautiful communal garden with benches and picnic tables framed by mature plants and trees – perfect for relaxing and socialising in the sun.
It also has private residents’ parking with allocated spaces. The Details All fitted floor and window coverings, light fittings, and integrated kitchen appliances to be included in the sale.
The sale of this property is not subject to an onward chain. Factor: The development is managed by FirstPort Property Services Scotland for an approximate annual service charge of £2850.
This fee covers the upkeep and maintenance of communal areas, including the garden, buildings insurance, and on-site facilities.
Tell us about - Peebles Nestled in the Tweed Valley within the Scottish Borders, the charming Royal Burgh of Peebles is a historic and picturesque town.
The town has been recognised as the ‘Top Independent Retailing Town in Scotland’ with a wealth of independent shops as well as a handful of high-street supermarkets, including a Tesco superstore, banks, and a post office.
The town is home to numerous top-quality restaurants, bars and cafés and is considered a cultural hub, with the distinguished Eastgate Theatre & Arts Centre hosting a wide range of events throughout the year.
There are also several annual festivals held in the town, including the Beltane Festival, the Peebles Jazz Festival and the renowned Arts Festival.
Situated on the banks of the River Tweed, famous for salmon fishing, and set within an area of outstanding beauty, Peebles promises a perfect base from which to enjoy all the countryside has to offer – from scenic riverside and parkland walks to horse riding and cycling.
There is also an 18-hole golf course within the town, as well as a leisure centre and a swimming pool.
For those with children, Peebles’ catchment area encompasses some highly-regarded schooling, from nursery to secondary level.
Peebles is also a popular Scottish Borders retreat for commuters, located just over 20 miles from Edinburgh city centre and within easy commuting distance from the city bypass, airport and motorway network.
Viewing By appointment, please call 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
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Archie refurb estimate: a Pro feature
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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.
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About 33 Venlaw View, Innerleithen Road, Peebles
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