2 Bed Flat, Single Let, Edinburgh, EH12 5UE, £185,000

5/2 Balgreen Park, Edinburgh, EH12 5UE - 4 views - 4 months ago

BTL
ROI: 6%
~68 m²
+16 photos

ValuationOvervalued

Sold Prices£111K - £600K

 

 

Square Metres

~68.11 m²

Value Estimate

£179,750

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£6,750

Total Cash In

£53,000

 

 

Cash Out

 

Rent Range

£925 - £2,250

Rent Estimate

£1,078

Running Costs/mo

£814

Cashflow/mo

£264

Cashflow/yr

£3,171

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £111K to £600K, average is £195.6K.

PriceDateDistanceAddressBeds 
£330K07/210.1 mi25, Glendevon Place, Edinburgh, Midlothian EH12 5UQ2
£260K11/210.12 mi14, Glendevon Gardens, Edinburgh, Midlothian EH12 5UR2
£170K03/210.14 mi6, Saughton Grove, Edinburgh, Midlothian EH12 5SW2
£210K05/210.15 mi11, Saughton Grove, Edinburgh, Midlothian EH12 5SN2
£280K04/210.17 mi6, Glendevon Park, Edinburgh, Midlothian EH12 5XB2
£168K02/210.37 mi50/2, Whitson Road, Edinburgh, Midlothian EH11 3BT2
£263K07/210.39 mi7, Flat 3, Pinkhill Park, Edinburgh, Midlothian EH12 7FA2
£158K07/210.55 mi1, Stenhouse Street East, Edinburgh, Midlothian EH11 3DD2
£197K11/210.56 mi88, Stevenson Road, Edinburgh, Midlothian EH11 2SJ2
£195.6K09/210.57 mi75, Carrick Knowe Avenue, Edinburgh, Midlothian EH12 7DE2
£210K06/210.6 mi2/8, Carrick Knowe Avenue, Edinburgh, Midlothian EH12 7BX2
£178.6K09/210.62 mi44, Stenhouse Place East, Edinburgh, Midlothian EH11 3DL2
£170K05/210.64 mi38, Stenhouse Terrace, Edinburgh, Midlothian EH11 3JA2
£185K05/210.66 mi120, Carrick Knowe Drive, Edinburgh, Midlothian EH12 7EL2
£176.3K06/210.68 mi18, Stenhouse Terrace, Edinburgh, Midlothian EH11 3JB2
£144K12/210.68 mi69/3, Stenhouse Drive, Edinburgh, Midlothian EH11 3JS2
£180K03/210.69 mi126, Carrick Knowe Road, Edinburgh, Midlothian EH12 7BW2
£170K08/210.71 mi17/5, Saughton Avenue, Edinburgh, Midlothian EH11 2RX2
£176K06/210.71 mi85, Carrick Knowe Road, Edinburgh, Midlothian EH12 7BN2
£203.5K04/210.72 mi60, Carrick Knowe Gardens, Edinburgh, Midlothian EH12 7EJ2
£186K10/210.76 mi35/1, Stenhouse Gardens, Edinburgh, Midlothian EH11 3LS2
£250K02/210.76 mi12, Lampacre Road, Edinburgh, Mid EH12 7HT2
£198K09/210.76 mi572/3, Gorgie Road, Edinburgh EH11 3AL2
£165K09/210.78 mi37, Stenhouse Crescent, Edinburgh, Midlothian EH11 3JN2
£165K06/210.79 mi344/6, Gorgie Road, Edinburgh, Midlothian EH11 2QT2
£220K02/210.8 mi16, Chesser Crescent, Edinburgh, Mid EH14 1SB2
£165K02/210.8 mi11, Stenhouse Crescent, Edinburgh, Mid EH11 3JJ2
£165K09/210.81 mi16/1, Stenhouse Cottages, Edinburgh, Midlothian EH11 3JQ2
£167K11/210.82 mi8/1, Stenhouse Road, Edinburgh, Midlothian EH11 3LQ2
£270.5K08/210.83 mi19, Chesser Avenue, Edinburgh, Midlothian EH14 1SS2
£172.5K08/210.86 mi6/25, Roseburn Drive, Edinburgh, Midlothian EH12 5NS2
£235K05/210.87 mi5, Chesser Grove, Edinburgh, Midlothian EH14 1SZ2
£320K10/210.87 mi13, Chesser Grove, Edinburgh, Midlothian EH14 1SZ2
£600K03/210.87 mi1/4, Succoth Avenue, Edinburgh, Midlothian EH12 6BE2
£177K09/210.89 mi143/3, Hutchison Road, Edinburgh, Midlothian EH14 1PG2
£156K11/210.89 mi131/6, Hutchison Road, Edinburgh, Midlothian EH14 1PG2
£432K12/210.9 mi15/3, Murrayfield Avenue, Edinburgh, Midlothian EH12 6AU2
£271.3K02/210.91 mi2, Chesser Loan, Edinburgh, Mid EH14 1SX2
£230K09/210.91 mi94, Flat 5, Chesser Crescent, Edinburgh, Midlothian EH14 1SE2
£111K08/210.93 mi48/6, Saughton Road, Edinburgh, Midlothian EH11 3NE2
£238K09/210.94 mi5/7, Sinclair Place, Edinburgh, Midlothian EH11 1AG2
£195.6K07/210.95 mi4/7, Robertson Gait, Edinburgh, Midlothian EH11 1HJ2
£195K04/210.95 mi239, Broomfield Crescent, Edinburgh, Midlothian EH12 7NQ2
£225K09/210.95 mi31, Broomhall Avenue, Edinburgh, Midlothian EH12 7NA2
£179K06/210.97 mi4/4, Moat Drive, Edinburgh, Midlothian EH14 1NR2
£213K07/210.99 mi15, Moat Terrace, Edinburgh, Midlothian EH14 1PS2
£250K02/210.99 mi32a, Moat Terrace, Edinburgh, Mid EH14 1PS2
£235K04/210.99 mi19/14, Sinclair Place, Edinburgh, Midlothian EH11 1AH2
£194.5K06/211 mi120, Broomfield Crescent, Edinburgh, Midlothian EH12 7NF2
£297K11/211 mi3/12, Roseburn Maltings, Edinburgh, Mid EH12 5LY2

Local Rents

37 rents from £925/mo to £2.3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10012/240 mi-2
£92503/240.03 miBalgreen Park, Edinburgh, EH122
£1,20012/240.05 mi-2
£1,30002/240.1 mi-2
£1,40003/250.14 mi-2
£1,25003/250.14 mi-2
£1,39504/240.15 miGlendevon Place, Murrayfield, Edinburgh, EH122
£1,30001/250.24 mi-2
£1,30012/240.24 mi-2
£1,00003/250.33 mi-2
£1,95001/240.33 mi-2
£1,35012/240.33 mi-2
£1,35012/240.33 mi-2
£1,50003/240.35 miWestern Place, Murrayfield, Edinburgh, EH122
£1,35003/240.37 mi-2
£1,69512/240.38 miPinkhill Park, Edinburgh, Midlothian, EH122
£1,29503/250.39 mi-2
£1,37003/240.4 miPinkhill Park, Edinburgh, EH122
£1,69512/240.4 miPinkhill Park, Edinburgh, Midlothian, EH122
£1,25003/240.4 miCorstorphine Road, Corstorphine, Edinburgh, EH122
£1,25002/250.41 mi-2
£1,39512/240.42 mi-2
£1,25003/240.43 miWestern Gardens, Edinburgh, EH122
£1,28012/240.44 mi-2
£1,26012/240.44 mi-2
£1,32012/240.44 miStevenson Drive, Edinburgh, EH112
£1,35003/250.47 mi-2
£2,25003/240.52 miWesterlea Gardens, Ellersly Road, Edinburgh2
£1,55003/250.52 mi-2
£1,30002/250.53 mi-2
£1,39502/250.53 mi-2
£1,10003/240.55 miStenhouse Avenue West, Forrester, Edinburgh, EH112
£1,26003/250.56 mi-2
£1,26004/250.56 mi-2
£1,30012/240.57 mi-2
£1,50001/250.59 mi-2
£1,25012/240.59 mi-2

Local Area Statistics

 

 

Rental demand

Landlord's market

Rental growth (12m)

-9%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £185,000

November 23, 2024

Sold for £193,000

2022

Floor Plans

Description

This well-presented two-bedroom ground-floor flat boasts a prime location in the highly desirable area of Murrayfield, with convenient access to local amenities, green spaces, and excellent public transport options to the city center via regular bus and tram services. Ideal for a wide range of buyers, the property suits city professionals, young families, and those seeking to downsize without sacrificing accessibility and comfort.

Entering the flat through a shared entrance, you are welcomed by a spacious, southwest-facing living room that enjoys warm afternoon sunlight through two large windows. The room's focal-point fireplace creates a natural gathering space, while the neutral decor, featuring lightly patterned wallpaper and a cozy carpet, enhances its inviting atmosphere. Built-in storage adds to the room's functionality. Adjacent to the living room, the kitchen offers a classic and timeless design, fitted with warm wood-toned cabinets and granite-style worktops that provide ample storage and workspace. It comes fully equipped with integrated appliances, including a ceramic hob, eye-level oven, fridge, tumble dryer, and washing machine, making it both practical and stylish. The two bedrooms are bright, well-sized doubles, with the principal bedroom offering slightly larger proportions. The second bedroom is enhanced by fitted wardrobes, making the most of the available floor space. Conveniently located between the bedrooms, the modern bathroom features a sleek three-piece suite with an overhead shower, completing this comfortable and well-appointed home.

Externally, the flat boasts a private front garden with a low-maintenance design, offering a welcoming outdoor space. At the rear, a well-maintained communal garden features a large lawn and drying green, providing a shared space for relaxation and outdoor activities. Additionally, convenient on-street parking along Balgreen Park is unrestricted, ensuring easy access for residents and guests alike.

Council Tax Band - C

Agent Details

Neilsons Solicitors and Estate Agents, Edinburgh

0131 381 8583

Next Steps?

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