2-bedroom flat · EH22 4QT
Listing removedListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Upper villa making for an ideal first-time-buyer opportunity Nestled within the heart of Newtongrange, this charming two-bedroom upper flat offers a well-presented and inviting living space.
The upper level features a bright and spacious lounge, perfect for relaxation and entertaining.
Adjacent is a modern kitchen equipped with integrated appliances complemented by partial tiling for a sleek finish.
The property comprises two bedrooms, one generously proportioned double with an over-stair wardrobe and another single bedroom featuring a built-in wardrobe, providing ample storage.
The contemporary fully tiled bathroom is fitted with a three-piece suite and includes an over-bath shower and a chrome heated towel rail.
Externally, the flat boasts a secure and sunny south-west facing rear garden, providing an ideal retreat for outdoor enjoyment.
Additional benefits include double glazing, electric heating, and a private single driveway, supplemented by residents' parking.
The property's south-west orientation promises abundant natural light, further enhancing its appeal.
With a strong residential feel and private garden access, this home presents a compelling purchase in the heart of a vibrant community.
Location Newtongrange, situated in Midlothian, offers a blend of picturesque surroundings and modern conveniences, ideal for families and first-time buyers.
With easy access to local amenities, parks, and transportation links, residents enjoy the tranquility of suburban life while remaining well-connected to the City Centre.
Viewing Details By appointment contact Simpson & Marwick
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 12, Corrie Court, Midlothian
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