3 Bed Semi-Detached House, Single Let, Edinburgh, EH17 8AW, £162,000

3 Burdiehouse Avenue, Edinburgh, EH17 8AW - 1 views - 8 months ago

Sold STC

BTL

ROI: 13%

~100 m²

+18 photos

ValuationUndervalued

Sold Prices	£175K - £512K

Square Metres	~100.40 m²
Value Estimate	£175,000£175,000
BMV	8%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£40,500£40,500
Stamp Duty & Legal Fees	£9,300£9,300
Total Cash In	£49,800£49,800

Cash Out
Rent Range	£1,350 - £2,300£1,350 - £2,300
Rent Estimate	£1,350
Running Costs/mo	£796£796
Cashflow/mo	£554£554
Cashflow/yr	£6,645£6,645
ROI	13%13%
Gross Yield	10%10%

Local Sold Prices

28 sold prices from £175K to £512K, average is £285K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£420K	07/21	0.1 mi	14, Southhouse Avenue, Edinburgh, Midlothian EH17 8EA	-	-	3	Detached House
£410K	06/21	0.16 mi	111, Captains Road, Edinburgh, Midlothian EH17 8DT	-	-	3	Detached House
£260K	05/21	0.29 mi	37, Mortonhall Park Crescent, Edinburgh, Midlothian EH17 8SY	-	-	3	Semi-Detached House
£190K	04/21	0.31 mi	7, Balmwell Grove, Edinburgh, Midlothian EH16 6HG	-	-	3	Terraced House
£261K	10/21	0.42 mi	169, The Murrays, Edinburgh, Midlothian EH17 8UN	-	-	3	Detached House
£236.3K	02/21	0.42 mi	129, The Murrays, Edinburgh, Mid EH17 8UN	-	-	3	Semi-Detached House
£237K	08/21	0.45 mi	21, Mortonhall Park View, Edinburgh, Midlothian EH17 8SW	-	-	3	Terraced House
£325K	03/21	0.52 mi	81, The Murrays, Edinburgh, Midlothian EH17 8UD	-	-	3	Detached House
£200K	09/21	0.52 mi	95, The Murrays, Edinburgh, Midlothian EH17 8UD	-	-	3	Detached House
£232.5K	12/21	0.56 mi	28, Howdenhall Drive, Edinburgh, Midlothian EH16 6UJ	-	-	3	Terraced House
£443.7K	10/21	0.61 mi	132, Burnhead Cottage, Lasswade Road, Edinburgh, Mid EH16 6QY	-	-	3	Detached House
£195K	06/21	0.63 mi	42, Gilmerton Dykes Terrace, Edinburgh, Midlothian EH17 8LU	-	-	3	Terraced House
£260K	07/21	0.66 mi	72, Gilmerton Dykes Road, Edinburgh, Midlothian EH17 8PE	-	-	3	Detached House
£300K	03/21	0.66 mi	105, Gracemount Avenue, Edinburgh, Mid EH16 6ST	-	-	3	Detached House
£175K	02/21	0.67 mi	5, Gilmerton Dykes Place, Edinburgh, Midlothian EH17 8JH	-	-	3	Terraced House
£295K	04/21	0.68 mi	13, Carnbee Crescent, Edinburgh, Midlothian EH16 6GF	-	-	3	Detached House
£270K	09/21	0.68 mi	55, Alnwickhill Drive, Edinburgh, Midlothian EH16 6XU	-	-	3	Semi-Detached House
£225K	09/21	0.69 mi	35, Howden Hall Loan, Edinburgh, Midlothian EH16 6UY	-	-	3	Terraced House
£335K	11/21	0.74 mi	28, Alnwickhill Terrace, Edinburgh, Midlothian EH16 6YD	-	-	3	Terraced House
£471.3K	07/21	0.77 mi	16, Netherbank, Edinburgh, Midlothian EH16 6YR	-	-	3	Detached House
£297.5K	08/21	0.78 mi	29, Alnwickhill Court, Edinburgh, Midlothian EH16 6YG	-	-	3	Semi-Detached House
£438.8K	05/21	0.78 mi	27, Little Road, Edinburgh, Midlothian EH16 6SH	-	-	3	Terraced House
£425K	09/21	0.85 mi	37, Liberton Gardens, Edinburgh, Midlothian EH16 6JU	-	-	3	Semi-Detached House
£415K	07/21	0.89 mi	11, Liberton Place, Edinburgh, Midlothian EH16 6NA	-	-	3	Terraced House
£512K	09/21	0.91 mi	3, Ellen's Glen Loan, Edinburgh, Midlothian EH17 7QN	-	-	3	Terraced House
£302.5K	11/21	0.97 mi	254, Guardwell Crescent, Edinburgh EH17 7SJ	-	-	3	Detached House
£235K	09/21	0.99 mi	39, The Spinney, Edinburgh, Midlothian EH17 7LE	-	-	3	Semi-Detached House
£275K	10/21	0.99 mi	161, Guardwell Crescent, Edinburgh, Midlothian EH17 7HA	-	-	3	Semi-Detached House

Local Rents

31 rents from £1.4K/mo to £2.3K/mo, average is £1.8K/mo.

Rent	Date	Distance	Address	Beds	Type
£2,100	01/24	0.16 mi	-	3	Terraced House
£2,100	01/24	0.16 mi	-	3	Terraced House
£1,800	05/24	0.19 mi	37P – Captains Road, Edinburgh, EH17 8DX	3	Flat
£1,860	05/24	0.19 mi	38P – Captains Road, Edinburgh, EH17 8DX	3	Terraced House
£1,550	04/24	0.32 mi	Mortonhall Park Crescent, Edinburgh, Midlothian, EH17	3	Detached House
£1,350	06/23	0.42 mi	-	3	Terraced House
£1,350	06/23	0.42 mi	-	3	Terraced House
£1,400	07/24	0.42 mi	-	3	Terraced House
£1,495	04/24	0.58 mi	Philip Terrace, Edinburgh, EH16	3	Terraced House
£1,599	05/24	0.61 mi	3, Bullfinch Row, Edinburgh, EH17 8XE	3	Terraced House
£1,850	04/24	0.73 mi	Howdenhall Drive, Edinburgh, EH16	3	Detached House
£1,850	05/24	0.73 mi	-	3	Detached House
£1,850	05/24	0.73 mi	-	3	Detached House
£1,750	12/23	0.75 mi	-	3	Terraced House
£1,750	12/23	0.75 mi	-	3	Terraced House
£1,750	12/24	0.75 mi	-	3	Terraced House
£1,350	12/24	0.79 mi	-	3	Flat
£1,650	04/24	0.93 mi	-	3	Semi-Detached House
£1,750	09/24	0.93 mi	-	3	Semi-Detached House
£2,300	03/24	0.99 mi	-	3	Detached House
£2,200	03/24	0.99 mi	-	3	Detached House
£2,200	03/24	0.99 mi	-	3	Detached House
£2,200	03/24	0.99 mi	-	3	Detached House
£2,200	04/24	0.99 mi	-	3	Detached House
£2,200	03/24	0.99 mi	Guardwell Crescent, Edinburgh, EH17	3	Detached House
£1,950	05/24	1.02 mi	-	3	Flat
£1,850	05/24	1.03 mi	-	3	Flat
£1,500	04/24	1.06 mi	-	3	Detached House
£1,500	10/24	1.18 mi	-	3	Terraced House
£1,650	02/24	1.23 mi	-	3	Terraced House
£1,500	02/24	1.23 mi	-	3	Terraced House

Local Area Statistics


Rental growth (12m)	-11%-11%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+3%+3%

Property History

Listed for £162,000

September 2, 2024

Floor Plans

Description

Spacious 3 Bedroom Semi-Detached House with Driveway +
Large Lounge +
Kitchen with Ample Storage Space +
Modern Bathroom & En-Suite +
Conservatory +
3 Double Bedrooms +
Generous Size Rear Garden +
Driveway +
Close to City Bypass & Good Bus Links +
Local Amenities within Walking Distance +

A Spacious 3 Bed Semi-Detached Home. This fantastic semi-detached house is an established residential area of Burdiehouse. A spacious property, ideal for first time buyers, families or investors. This home is ideal for many needs and offers versatile living. Lorna MacDonald and RE/MAX Property are delighted to bring this 3 bedroom property to the market. The home report can be downloaded from the RE/MAX website - Freehold property Council tax band A. No Factor Fee.

EPC Rating: C

Agent Details

Remax Property, West Lothian

01505 805908

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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