2 Bed Terraced House, Single Let, EH14 2DA, £169,995

Longstone Street, Edinburgh, Midlothian, EH14 2DA - 8 months ago

BTL
ROI: 6%
~68 m²
+15 photos

ValuationUndervalued

Sold Prices£190K - £531K

 

 

Square Metres

~68.11 m²

Value Estimate

£190,000
BMV12%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,499

Stamp Duty & Legal Fees

£9,700

Total Cash In

£52,199

 

 

Cash Out

 

Rent Range

£920 - £1,595

Rent Estimate

£1,020

Running Costs/mo

£755

Cashflow/mo

£265

Cashflow/yr

£3,177

ROI

6%

Gross Yield

7%

Local Sold Prices

24 sold prices from £190K to £531K, average is £261.4K.

PriceDateDistanceAddressBeds 
£209.8K08/210.28 mi4, Redhall Road, Edinburgh, Midlothian EH14 2HW2
£235.8K06/210.28 mi4a, Redhall Road, Edinburgh, Mid EH14 2HW2
£370K09/210.31 mi17, Peatville Terrace, Edinburgh, Midlothian EH14 2EB2
£445K12/210.41 mi40, Arnott Gardens, Edinburgh, Midlothian EH14 2LB2
£220K02/210.52 mi19, Laichpark Road, Edinburgh, Mid EH14 1UP2
£314K09/210.96 mi14, Hailes Park, Edinburgh, Midlothian EH13 0NG2
£310K12/211.03 mi4, Tylers Acre Gardens, Edinburgh, Midlothian EH12 7JH2
£190K07/211.05 mi32, Broombank Terrace, Edinburgh, Midlothian EH12 7NY2
£305.5K02/211.16 mi9, Glendevon Place, Edinburgh, Mid EH12 5UQ2
£264.1K02/211.25 mi137, Broomhall Crescent, Edinburgh, Mid EH12 7PJ2
£205K08/211.3 mi10, The Paddockholm, Corstorphine, Edinburgh, Midlothian EH12 7XP2
£259.3K12/211.4 mi120, Broomhall Road, Edinburgh, Midlothian EH12 7PP2
£292.1K07/211.41 mi20, Baberton Mains Dell, Edinburgh, Mid EH14 3DQ2
£195K03/211.45 mi15, Baberton Mains Hill, Edinburgh, Midlothian EH14 3DT2
£262.3K09/211.47 mi163, Baberton Mains Drive, Edinburgh, Midlothian EH14 3EB2
£221K11/211.48 mi230, South Gyle Wynd, Edinburgh, Midlothian EH12 9HN2
£240K08/211.51 mi9, Baberton Mains Bank, Edinburgh, Midlothian EH14 3ED2
£386K11/211.52 mi14, Redford Avenue, Edinburgh, Midlothian EH13 0BX2
£295K12/211.55 mi11, Craighouse Park, Edinburgh, Midlothian EH10 5LB2
£495K12/211.67 mi8, Dreghorn Park, Edinburgh, Midlothian EH13 9PH2
£260K08/211.78 mi93, Gogarloch Haugh, Edinburgh, Midlothian EH12 9JG2
£260.5K09/211.88 mi89, Oxgangs Farm Avenue, Edinburgh, Midlothian EH13 9PU2
£245K08/211.91 mi255, Gogarloch Syke, Edinburgh, Midlothian EH12 9JF2
£531K12/211.94 mi3, Hampton Place, Edinburgh, Midlothian EH12 5JA2

Local Rents

49 rents from £920/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30001/240.18 mi-2
£1,30001/240.18 mi-2
£1,40010/240.18 mi-2
£1,50003/240.19 miGaskell Street, Longstone, Edinburgh, EH142
£1,30001/250.19 mi-2
£1,15012/230.33 mi-2
£1,35003/240.38 miInglis Green Rigg, Edinburgh, EH142
£1,30008/240.39 mi-2
£1,35012/240.39 mi-2
£1,24905/240.4 mi-2
£1,25012/240.4 miKingsknowe Court, Edinburgh, EH142
£1,59511/240.4 mi-2
£1,50004/250.4 mi-2
£1,25002/240.42 mi-2
£1,24012/240.42 mi-2
£1,20004/250.42 mi-2
£1,28003/240.42 miStenhouse Road, Edinburgh, EH112
£1,20002/240.42 mi-2
£1,50003/250.43 mi-2
£1,30002/250.43 mi-2
£1,28002/250.43 mi-2
£1,25003/250.43 mi-2
£1,28003/240.43 miLaichpark Road, Edinburgh, EH142
£1,28012/240.44 mi-2
£1,26012/240.44 mi-2
£1,29512/240.45 mi-2
£1,10003/240.46 miNew Mart Square, Chesser, Edinburgh, EH142
£1,20002/240.46 mi-2
£1,29504/250.46 mi-2
£1,10001/250.47 mi-2
£1,39503/250.47 mi-2
£1,19503/240.5 mi1608LT – West Fairbrae Crescent, Edinburgh, EH11 3SX2
£1,15012/240.53 mi-2
£1,36012/240.53 mi-2
£1,26012/240.53 mi-2
£1,20004/240.55 mi-2
£1,49502/250.55 mi-2
£96512/240.55 mi-2
£1,35004/250.56 mi-2
£1,29504/250.56 mi-2
£1,27504/250.56 mi-2
£1,27004/250.56 mi-2
£1,07503/240.57 mi2637L – Kingsknowe Park, Edinburgh, EH14 2JQ2
£1,20003/240.57 miStenhouse Crescent, Stenhouse, Edinburgh, EH112
£1,17503/240.57 miStenhouse Crescent, Stenhouse, Edinburgh, EH112
£1,50002/250.58 mi-2
£1,35004/250.58 mi-2
£1,50004/250.6 mi-2
£92003/240.6 miParkhead View, Edinburgh, EH112

Local Area Statistics

 

 

Rental demand

Balanced market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Price changed to £169,995

February 4, 2025

Listed for £180,000

September 6, 2024

Floor Plans

Description

  • 2 Bedrooms +
  • Driveway To Front +
  • Large Enclosed Rear Garden +
  • Ideal FTB Property +
  • Close to City By Pass +
  • Ideally Placed To Access Local Amenities +
  • Fantastic BTL Property +

Attention First Time Buyers. This fantastic two bed mid-terrace comes with off-road parking and a large rear garden would make an ideal first time property equally it would also make a wonderful buy to let property. Great Location and ideally placed for local amenities. Demand is high and viewing is highly recommended. EPC= D Council Tax = C

The property is in the popular Longstone area of the City, well positioned to take advantage of local shops and services with a large Sainsbury’s within easy reach. A 24 hour Asda Superstore is situated within the neighbouring Chesser as is the Slateford Retail Park. Hermiston Gait Retail Park & The Gyle Shopping Centre, both housing many high street named stores, are both within easy reach. Schooling is well represented from nursery to senior level with Napier University nearby.
An efficient public transport network is on hand which operates to most parts of the town and surrounding areas and the City Bypass which links central Scotland’s motorway network system is just a short drive away. The Union Canal and Colinton Dell are also close by with Redhall Park just a short walk away.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

LEI240163/2

Agent Details

YOUR MOVE, Edinburgh

0131 381 0775

Next Steps?

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