4 Bed Flat, Single Let, EH14 1SR, £279,000

Chesser Gardens, Chesser, Edinburgh, EH14 1SR - 2 views - 5 months ago

Sold STC
BTL
ROI: 5%
~129 m²
+24 photos

ValuationOvervalued

Sold Prices£110K - £1.1M

 

 

Square Metres

~129.26 m²

Value Estimate

£246,045

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£69,750

Stamp Duty & Legal Fees

£11,020

Total Cash In

£80,770

 

 

Cash Out

 

Rent Range

£1,450 - £3,000

Rent Estimate

£1,525

Running Costs/mo

£1,197

Cashflow/mo

£328

Cashflow/yr

£3,938

ROI

5%

Gross Yield

7%

Local Sold Prices

34 sold prices from £110K to £1.1M, average is £510.8K.

PriceDateDistanceAddressBeds 
£185K05/210.59 mi88, Stenhouse Drive, Edinburgh, Midlothian EH11 3ET4
£489.7K02/210.78 mi30, Hazelbank Terrace, Edinburgh, Midlothian EH11 1SN4
£525K07/210.78 mi26, Hazelbank Terrace, Edinburgh, Midlothian EH11 1SN4
£240K10/210.87 mi3, Carrick Knowe Place, Edinburgh, Midlothian EH12 7ER4
£350K02/211.31 mi17/9, Temple Park Crescent, Edinburgh, Mid EH11 1JF4
£701.1K07/211.46 mi17, Blantyre Terrace, Edinburgh, Midlothian EH10 5AD4
£447.5K08/211.48 mi396, Lanark Road, Edinburgh, Midlothian EH13 0LX4
£952.8K07/211.51 mi14, Crarae Avenue, Edinburgh, Midlothian EH4 3JD4
£670K09/211.73 mi7b, Grosvenor Crescent, Edinburgh, Midlothian EH12 5EP4
£225K02/211.75 mi56, Colinton Mains Crescent, Edinburgh, Mid EH13 9DD4
£542K10/211.76 mi10, Pentland Terrace, Edinburgh, Midlothian EH10 6EY4
£450K07/211.8 mi3/4, Woodburn Terrace, Edinburgh, Midlothian EH10 4SH4
£200K06/211.84 mi228, Colinton Mains Road, Edinburgh, Mid EH13 9BU4
£511.7K04/212.01 mi1/5, Strathfillan Road, Edinburgh, Midlothian EH9 2AQ4
£340K09/212.05 mi28/2, East Fountainbridge, Edinburgh, Midlothian EH3 9BH4
£440K12/212.07 mi51/1, Lothian Road, Edinburgh, Midlothian EH1 2DJ4
£875K02/212.08 mi15a, Randolph Crescent, Edinburgh, Mid EH3 7TT4
£767K10/212.13 mi20/3, Great Stuart Street, Edinburgh, Midlothian EH3 7TH4
£110K06/212.18 mi54/1, Marchmont Road, Edinburgh, Mid EH9 1HS4
£579K03/212.18 mi66/6, Marchmont Road, Edinburgh, Midlothian EH9 1HS4
£820K03/212.18 mi11/4, Oxford Terrace, Edinburgh, Midlothian EH4 1PX4
£384.8K10/212.29 mi27/4, Mortonhall Road, Edinburgh, Midlothian EH9 2HS4
£450.5K04/212.37 mi2/1, West Grange Gardens, Edinburgh, Midlothian EH9 2RA4
£842.1K12/212.38 mi15a, Mansionhouse Road, Edinburgh, Midlothian EH9 1TZ4
£331.7K07/212.39 mi572, Lanark Road, Juniper Green, Midlothian EH14 5EL4
£370K09/212.52 mi622, Lanark Road, Juniper Green, Mid EH14 5EW4
£858K11/212.62 mi78a, Great King Street, Edinburgh, Midlothian EH3 6QU4
£802.2K11/212.75 mi1, Northumberland Street, Edinburgh, Midlothian EH3 6LL4
£750K05/212.76 mi61, Findhorn Place, Edinburgh, Mid EH9 2PD4
£1.1M04/212.86 mi57, Dublin Street, Edinburgh, Midlothian EH3 6NL4
£790K03/212.92 mi7/3, Scotland Street, Edinburgh, Midlothian EH3 6PP4
£775K03/212.97 mi48/1, Albany Street, Edinburgh, Midlothian EH1 3QR4
£435K03/212.97 mi13/6, Parkside Terrace, Edinburgh, Midlothian EH16 5BL4
£510K03/213 mi48/4, London Street, Edinburgh, Midlothian EH3 6LX4

Local Rents

15 rents from £1.4K/mo to £3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,72503/240.09 miChesser Crescent, Chesser, Edinburgh, EH143
£3,00003/250.18 mi-4
£1,50003/250.29 mi-3
£1,80002/240.31 mi-3
£1,60004/250.4 mi-3
£1,60012/240.4 mi-3
£1,60003/240.41 mi-3
£1,60003/250.41 mi-3
£1,45002/240.44 mi-3
£2,00004/240.49 miWestfield Court, Edinburgh, EH114
£2,10004/250.49 mi-3
£2,00004/250.54 mi-3
£2,34003/240.56 miAppin Terrace, Slateford, Edinburgh, EH143
£1,95003/240.57 miCraiglockhart Avenue, Edinburgh, Midlothian, EH143
£1,85003/250.6 mi-3

Local Area Statistics

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £279,000

December 3, 2024

Floor Plans

Description

  • Private Garden +
  • Driveway +
  • Main door +
  • Investment potential +

Charming double upper with private garden and parking on a quiet cul-de-sac.

This charming 4 bedroom main door double upper villa, located in the Chesser area of Edinburgh, offers a blend of traditional character and modern comfort.Upon entering, you are greeted by a spacious living room filled with natural light, featuring a plush grey carpet and neutral decor that create a warm and inviting atmosphere. The modern gas fireplace with a stylish mantle piece adds a cosy touch to the room, making it an ideal space for relaxation and entertaining.

Adjacent to the living room is the well-appointed kitchen, with fitted cream cabinets, black laminated countertops, and a neutral tile splashback. The herringbone vinyl flooring adds a touch of elegance, and the stainless steel gas hob, along with a range of other white goods, ensures that all your culinary needs are met. The first double bedroom is bright and front facing, offering ample space and comfort with the added bonus of an Edinburgh press. The second double bedroom, overlooking the rear of the property, is versatile and could serve as a dining area, study, or guest room. The main bathroom on this floor is fully tiled with modern blue tiles and features a shower over the bath, a WC, and a sink.

Upstairs on the second floor, you will find the remaining two double bedrooms and an additional shower room. Both bedrooms are of similar size, fitted with Velux windows that allow plenty of natural light, and offer views over the front and rear of the property, respectively. These rooms provide a peaceful retreat, perfect for family members or guests. The upstairs shower room is well-designed with a stand alone shower, wc and basin.

Outside, the property boasts its own large private garden, predominantly grassed but with a small patio area, perfect for outdoor dining and relaxation. Additionally, there is parking space for two cars, a valuable asset in this area. Originally an HMO, this property holds immense potential to be transformed into a wonderful family home, offering ample space and versatility.

Chesser is a thriving residential area in the west of Edinburgh, known for its excellent amenities and convenient transport links. Residents enjoy easy access to local shops, supermarkets, and cafes, including the nearby ASDA and Sainsbury's superstores. The area is also home to the popular Edinburgh Corn Exchange, a versatile venue hosting events and markets throughout the year. For outdoor enthusiasts, the nearby Water of Leith Walkway and Harrison Park offer scenic walking and cycling routes.

Chesser's proximity to excellent transport links makes it an ideal location for commuters. Regular bus services provide quick access to the city centre and surrounding areas, while Slateford train station and Blagreen tram stop are just a short walk away, offering connections to Edinburgh city centre and beyond. Families will appreciate the local schools and recreational facilities, ensuring a well-rounded community environment.

This 4 bedroom double upper villa in Chesser combines the best of modern living with a prime location, making it an attractive proposition for those seeking a spacious and versatile family home in Edinburgh.

Included in sale:Curtains, cooker and free standing wardrobes.

Available under separate negotiation: Washing machine, fridges, freezer

Home Report Value: £310,000

These particulars and plans are believed to be correct, but they are in no way guaranteed. We are NAEA Propertymark Accredited and proud to be The Negotiator Awards Scottish Agent of the Year

Agent Details

Umega, Edinburgh

0131 381 6596

Next Steps?

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