3 Bed Flat, Single Let, EH14 1PW £300,000

4 Appin Place, Slateford, Edinburgh, EH14 1PW - 3 views - a year ago
BTL
ROI: 2%
~88 m²
Property image
Property image
Property image
Property image
Property image
+1 photos

ValuationUndervalued

Sold Prices£170K - £790K
Sold Prices/m²£1.9K/m² - £5.4K/m²

 

 

Square Metres

~88 m²
Price/m²£3.4K/m²

Value Estimate

£363,783
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£21,200

Total Cash In

£96,200

 

 

Cash Out

 

Rent Range

£950 - £2,495

Rent Estimate

£1,400

Running Costs/mo

£1,238

Cashflow/mo

£163

Cashflow/yr

£1,950

ROI

2%

Gross Yield

6%

Local Sold Prices

42 sold prices from £170K to £790K, average is £392.5K. £1.9K/m² to £5.4K/m², average is £3.9K/m².

Price
Date
Distance
Address
Beds
 
£315K06/250.01 miFlat 7, 4, Appin Place, Dalry, Edinburgh EH14 1PW3
£310K04/230.01 mi3, Flat 1, Appin Place, Dalry, Edinburgh EH14 1PW3
£325K02/230.13 mi34, Flat 12, Moat Terrace, Slateford, Edinburgh EH14 1PS3
£255K12/210.25 mi46/6, North Meggetland, Edinburgh, Midlothian EH14 1XQ3
£461.6K02/250.26 mi38, Shandon Crescent, Polwarth, Edinburgh EH11 1QF3
£390K05/210.28 mi15/15, Hermand Crescent, Edinburgh, Midlothian EH11 1LP3
£219K05/210.32 mi45, Hutchison Crossway, Edinburgh, Midlothian EH14 1RY3
£471.8K10/210.37 mi107, Colinton Road, Edinburgh, Midlothian EH14 1AW3
£495K05/230.41 mi15, Meggetland Terrace, Firrhill, Edinburgh EH14 1AN3
£450K02/250.42 mi33, Meggetland Terrace, Firrhill, Edinburgh EH14 1AP3
£340K06/210.42 mi91, Chesser Crescent, Edinburgh, Midlothian EH14 1SW3
£519.3K05/250.43 mi17, Lockharton Crescent, Firrhill, Edinburgh EH14 1AX3
£375K08/250.43 mi3f2, 12, Cowan Road, Polwarth, Edinburgh EH11 1RQ3
£436K02/250.43 mi4, Myreside View, Firrhill, Edinburgh EH14 1AG3
£595K05/230.45 mi57a, Lockharton Avenue, Firrhill, Edinburgh EH14 1BB3
£435K02/250.45 mi1, Ashley Drive, Polwarth, Edinburgh EH11 1RP3
£425K06/250.45 mi3f1, 8, Harrison Gardens, Polwarth, Edinburgh EH11 1SQ3
£490K08/250.48 mi31, Ivy Terrace, Polwarth, Edinburgh EH11 1PJ3
£170K06/250.5 miFlat 12, 3, Westfield Court, Slateford, Edinburgh EH11 2RJ3
£355K02/250.52 mi67, Flat 3, Craiglockhart Terrace, Firrhill, Edinburgh EH14 1XH3
£495K06/210.52 mi55, Craiglockhart Avenue, Edinburgh, Midlothian EH14 1LS3
£265K06/250.56 mi15, Chesser Loan, Slateford, Edinburgh EH14 1SY3
£533K02/250.65 mi14a, Harrison Road, Polwarth, Edinburgh EH11 1EG3
£525K02/230.71 mi50, Flat 3, Spylaw Road, Merchiston, Edinburgh EH10 5BL3
£181.1K07/210.73 mi21, Stenhouse Place East, Edinburgh, Mid EH11 3DL3
£220K08/250.75 miFlat 4, 1, Inglis Green Rigg, Kingsknowe, Edinburgh EH14 2LF3
£273K06/210.75 mi45/2, West Bryson Road, Edinburgh, Midlothian EH11 1BQ3
£310K10/210.75 mi39/4, West Bryson Road, Edinburgh, Midlothian EH11 1BQ3
£240K08/250.81 miFlat 46, 7, Murieston Road, Dalry, Edinburgh EH11 2JJ3
£405.1K04/230.89 mi9, 3f1, Harden Place, Polwarth, Edinburgh EH11 1JD3
£226.5K05/250.9 mi4, Redhall Gardens, Kingsknowe, Edinburgh EH14 2HT3
£790K08/250.92 mi11, West Castle Road, Merchiston, Edinburgh EH10 5AT3
£330K09/210.94 mi10, Glendevon Grove, Edinburgh, Midlothian EH12 5UX3
£222K05/250.95 mi11, Redhall Place, Kingsknowe, Edinburgh EH14 2DL3
£440K03/230.96 mi10, Plewlands Gardens, Morningside, Edinburgh EH10 5JP3
£420K05/230.96 mi22, Flat 3, East Castle Road, Merchiston, Edinburgh EH10 5AR3
£296.1K02/250.97 mi13, 1f3, Fowler Terrace, Polwarth, Edinburgh EH11 1DD3
£586K07/210.98 mi70a, Morningside Drive, Edinburgh, Midlothian EH10 5NU3
£290K06/250.99 miFlat 3, 20, Russell Gardens, Roseburn, Edinburgh EH12 5PP3
£395K02/250.99 mi25, Flat 3, Mid Steil, Greenbank, Edinburgh EH10 5XB3
£440K05/250.99 miFlat 9, 25, Mid Steil, Greenbank, Edinburgh EH10 5XB3
£417K08/210.99 mi39/7, Mid Steil, Edinburgh, Midlothian EH10 5XB3

Local Rents

50 rents from £950/mo to £2.5K/mo, average is £1.6K/mo.

Rent
Date
Distance
Address
Beds
 
£1,45002/240.02 mi-3
£1,60003/240.05 mi-3
£1,60003/250.05 mi-3
£1,55009/250.06 mi-3
£1,65006/250.11 mi-3
£1,77510/250.11 mi-3
£2,10004/250.12 mi-3
£1,85010/250.12 miMoat Place, Edinburgh, City of EH143
£1,80010/250.18 mi-3
£1,60012/240.18 mi-3
£2,34003/240.19 miAppin Terrace, Slateford, Edinburgh, EH143
£1,95003/240.25 miNorth Meggetland, Craiglockhart, Edinburgh, EH143
£2,02506/250.25 miNorth Meggetland, Craiglockhart, Edinburgh, EH143
£1,59508/250.27 miMeggetland View, Craiglockhart, Edinburgh, EH143
£1,59507/250.27 miMeggetland View, Craiglockhart, Edinburgh, EH143
£2,25007/250.27 miHermand Street, Slateford, Edinburgh, EH113
£1,50011/250.28 mi-3
£1,50011/250.28 miNorth Meggetland, Edinburgh, EH143
£1,50008/250.29 miHermand Crescent, Edinburgh, EH113
£1,79508/250.3 mi-3
£1,99506/250.3 miBriarbank Terrace, Edinburgh, EH113
£1,79507/250.3 miBriarbank Terrace, Edinburgh, EH113
£1,40007/250.31 miHermand Crescent, Edinburgh, EH113
£1,60011/250.31 miSlateford Gait, Edinburgh, EH113
£2,25008/250.31 miSlateford Gait, Slateford, Edinburgh, EH113
£1,75005/250.32 mi-3
£2,01008/250.32 miHermand Crescent, Slateford, Edinburgh, EH113
£2,05005/250.34 miGorgie Road, Gorgie, Edinburgh, EH113
£1,50003/250.35 mi-3
£1,62508/250.36 miRobertson Avenue, Gorgie, Edinburgh, EH113
£1,80002/240.36 mi-3
£1,40006/250.37 mi-3
£1,40006/250.37 mi-3
£1,40005/250.37 miSlateford Green, Edinburgh, EH143
£1,40006/250.37 miSlateford Green, Edinburgh, EH143
£1,40006/250.37 miSlateford Green, Edinburgh, EH143
£1,79710/250.39 mi2755LT New Mart Place, Edinburgh, EH14 1TX3
£1,45009/250.4 miNew Mart Place, Edinburgh, EH143
£95008/250.4 miNew Mart Place, Slateford, Edinburgh, EH143
£1,72503/240.41 miChesser Crescent, Chesser, Edinburgh, EH143
£1,60004/250.44 mi-3
£2,49508/250.44 miHarrison Gardens, Edinburgh, EH113
£1,60010/250.45 miSlateford Road, Shandon, Edinburgh, EH113
£1,50010/250.45 miSlateford Road, Shandon, Edinburgh, EH113
£2,25006/250.45 miMyreside View, Edinburgh3
£1,58004/250.46 mi-3
£1,70007/250.46 miHarrison Gardens, Polwarth, Edinburgh, EH113
£1,89008/250.47 mi3030L – Slateford Road, Edinburgh, EH11 1PA3
£1,59508/250.48 miWestfield Court, Gorgie, Edinburgh, EH113
£1,65007/250.48 miWestfield Court, Gorgie, Edinburgh, EH113

Local Area Statistics

 

 

Rental demand

Balanced market

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Price changed to £300,000

November 17, 2024

Listed for £315,000

October 10, 2024

Floor Plans

Property image

Description

McEwan Fraser is delighted to present this spacious three-bedroom apartment to the market. This meticulously designed modern apartment boasts a spacious living room, a large dining kitchen, a master bathroom, two en-suite shower rooms, integrated storage, a secure entry system, gas central heating, double glazing, and resident parking. Internally, the property is presented in excellent condition.

Arranged around a central hallway with integrated storage, the accommodation is focused on a bright and spacious living room which is neutrally decorated. The living room has ample natural light arriving through floor-to-ceiling windows. The proportions on offer allow new owners to create their ideal entertaining space. The separate dining kitchen has an extensive range of based and wall-mounted units that offer plenty of prep and storage space. A gas hob, an electric oven, a fridge freezer, and a dishwasher are integrated.

Bedroom one is the obvious master and boasts a balcony, a walk-in wardrobe, and plenty of space for additional free-standing bedroom furniture. The bedroom also has access to a partially tiled en-suite shower room that boasts a double shower cubicle. Bedroom two is a further well-proportioned double with an integrated wardrobe and a further en-suite shower room. Bedroom three is a double bedroom that would make an ideal home office. The accommodation is completed by the master bathroom which is partially tiled and includes a three-piece white suite.

There are well-maintained landscaped communal grounds surrounding the property together with ample private resident parking.

Electricity Supply: SP Energy Networks
Water Supply: Scottish Water
Sewerage: Scottish Water
Mobile Coverage: 5G

Agent Details

McEwan Fraser Legal, Edinburgh

0131 381 4292

Next Steps?

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