3 Bed Flat, Single Let, EH14 1PU £310,000

Slateford Road, Edinburgh, EH14 1PU - 9 views - a year ago
BTL
ROI: 3%
~93 m²
Property image
Property image
Property image
Property image

ValuationOvervalued

Sold Prices£170K - £790K
Sold Prices/m²£1.9K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£3.3K/m²

Value Estimate

£205,170

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£77,500

Stamp Duty & Legal Fees

£13,500

Total Cash In

£91,000

 

 

Cash Out

 

Rent Range

£950 - £2,495

Rent Estimate

£1,523

Running Costs/mo

£1,293

Cashflow/mo

£230

Cashflow/yr

£2,756

ROI

3%

Gross Yield

6%

Local Sold Prices

44 sold prices from £170K to £790K, average is £382.5K. £1.9K/m² to £4.9K/m², average is £3.8K/m².

Price
Date
Distance
Address
Beds
 
£310K04/230.04 mi3, Flat 1, Appin Place, Dalry, Edinburgh EH14 1PW3
£315K06/250.05 miFlat 7, 4, Appin Place, Dalry, Edinburgh EH14 1PW3
£325K02/230.16 mi34, Flat 12, Moat Terrace, Slateford, Edinburgh EH14 1PS3
£255K12/210.27 mi46/6, North Meggetland, Edinburgh, Midlothian EH14 1XQ3
£461.6K02/250.31 mi38, Shandon Crescent, Polwarth, Edinburgh EH11 1QF3
£219K05/210.33 mi45, Hutchison Crossway, Edinburgh, Midlothian EH14 1RY3
£390K05/210.34 mi15/15, Hermand Crescent, Edinburgh, Midlothian EH11 1LP3
£471.8K10/210.38 mi107, Colinton Road, Edinburgh, Midlothian EH14 1AW3
£340K06/210.39 mi91, Chesser Crescent, Edinburgh, Midlothian EH14 1SW3
£519.3K05/250.41 mi17, Lockharton Crescent, Firrhill, Edinburgh EH14 1AX3
£450K02/250.42 mi33, Meggetland Terrace, Firrhill, Edinburgh EH14 1AP3
£495K05/230.42 mi15, Meggetland Terrace, Firrhill, Edinburgh EH14 1AN3
£595K05/230.42 mi57a, Lockharton Avenue, Firrhill, Edinburgh EH14 1BB3
£436K02/250.46 mi4, Myreside View, Firrhill, Edinburgh EH14 1AG3
£495K06/210.47 mi55, Craiglockhart Avenue, Edinburgh, Midlothian EH14 1LS3
£375K08/250.48 mi3f2, 12, Cowan Road, Polwarth, Edinburgh EH11 1RQ3
£435K02/250.49 mi1, Ashley Drive, Polwarth, Edinburgh EH11 1RP3
£425K06/250.5 mi3f1, 8, Harrison Gardens, Polwarth, Edinburgh EH11 1SQ3
£355K02/250.52 mi67, Flat 3, Craiglockhart Terrace, Firrhill, Edinburgh EH14 1XH3
£265K06/250.52 mi15, Chesser Loan, Slateford, Edinburgh EH14 1SY3
£170K06/250.53 miFlat 12, 3, Westfield Court, Slateford, Edinburgh EH11 2RJ3
£490K08/250.54 mi31, Ivy Terrace, Polwarth, Edinburgh EH11 1PJ3
£220K08/250.69 miFlat 4, 1, Inglis Green Rigg, Kingsknowe, Edinburgh EH14 2LF3
£533K02/250.7 mi14a, Harrison Road, Polwarth, Edinburgh EH11 1EG3
£181.1K07/210.72 mi21, Stenhouse Place East, Edinburgh, Mid EH11 3DL3
£525K02/230.75 mi50, Flat 3, Spylaw Road, Merchiston, Edinburgh EH10 5BL3
£273K06/210.8 mi45/2, West Bryson Road, Edinburgh, Midlothian EH11 1BQ3
£310K10/210.81 mi39/4, West Bryson Road, Edinburgh, Midlothian EH11 1BQ3
£226.5K05/250.85 mi4, Redhall Gardens, Kingsknowe, Edinburgh EH14 2HT3
£240K08/250.86 miFlat 46, 7, Murieston Road, Dalry, Edinburgh EH11 2JJ3
£222K05/250.9 mi11, Redhall Place, Kingsknowe, Edinburgh EH14 2DL3
£405.1K04/230.94 mi9, 3f1, Harden Place, Polwarth, Edinburgh EH11 1JD3
£330K09/210.95 mi10, Glendevon Grove, Edinburgh, Midlothian EH12 5UX3
£185K06/250.96 mi31, Longstone Grove, Kingsknowe, Edinburgh EH14 2BT3
£191.3K09/210.96 mi41, Longstone Grove, Edinburgh, Midlothian EH14 2BT3
£215K05/250.97 mi97, Kingsknowe Road North, Kingsknowe, Edinburgh EH14 2DQ3
£440K03/230.97 mi10, Plewlands Gardens, Morningside, Edinburgh EH10 5JP3
£790K08/250.97 mi11, West Castle Road, Merchiston, Edinburgh EH10 5AT3
£417K08/210.97 mi39/7, Mid Steil, Edinburgh, Midlothian EH10 5XB3
£395K02/250.97 mi25, Flat 3, Mid Steil, Greenbank, Edinburgh EH10 5XB3
£440K05/250.97 miFlat 9, 25, Mid Steil, Greenbank, Edinburgh EH10 5XB3
£586K07/210.99 mi70a, Morningside Drive, Edinburgh, Midlothian EH10 5NU3
£450K06/250.99 miFlat 5, 30, Easter Steil, Greenbank, Edinburgh EH10 5XE3
£299K12/241 mi17, Ellis Drive, Parkhead, Edinburgh EH14 2AE3

Local Rents

50 rents from £950/mo to £2.5K/mo, average is £1.7K/mo.

Rent
Date
Distance
Address
Beds
 
£1,60003/240.01 mi-3
£1,60003/250.01 mi-3
£1,55009/250.03 mi-3
£1,45002/240.06 mi-3
£1,65006/250.16 mi-3
£1,77511/250.17 mi-3
£2,10004/250.18 mi-3
£1,85010/250.18 miMoat Place, Edinburgh, City of EH143
£1,80010/250.22 mi-3
£1,60012/240.22 mi-3
£1,59508/250.24 miMeggetland View, Craiglockhart, Edinburgh, EH143
£1,59507/250.24 miMeggetland View, Craiglockhart, Edinburgh, EH143
£2,34003/240.25 miAppin Terrace, Slateford, Edinburgh, EH143
£1,95003/240.27 miNorth Meggetland, Craiglockhart, Edinburgh, EH143
£2,02506/250.27 miNorth Meggetland, Craiglockhart, Edinburgh, EH143
£1,50011/250.31 mi-3
£1,50010/250.31 miNorth Meggetland, Edinburgh, EH143
£2,25007/250.32 miHermand Street, Slateford, Edinburgh, EH113
£2,05005/250.34 miGorgie Road, Gorgie, Edinburgh, EH113
£1,79508/250.35 mi-3
£1,99506/250.35 miBriarbank Terrace, Edinburgh, EH113
£1,79507/250.35 miBriarbank Terrace, Edinburgh, EH113
£1,50008/250.35 miHermand Crescent, Edinburgh, EH113
£1,99510/250.35 mi2755LT New Mart Place, Edinburgh, EH14 1TX3
£1,45009/250.35 miNew Mart Place, Edinburgh, EH143
£95008/250.35 miNew Mart Place, Slateford, Edinburgh, EH143
£1,40007/250.36 miHermand Crescent, Edinburgh, EH113
£1,60011/250.37 miSlateford Gait, Edinburgh, EH113
£2,25008/250.37 miSlateford Gait, Slateford, Edinburgh, EH113
£1,50003/250.37 mi-3
£1,75005/250.37 mi-3
£2,01008/250.37 miHermand Crescent, Slateford, Edinburgh, EH113
£1,72503/240.37 miChesser Crescent, Chesser, Edinburgh, EH143
£1,80002/240.38 mi-3
£1,62508/250.41 miRobertson Avenue, Gorgie, Edinburgh, EH113
£1,40006/250.42 mi-3
£1,40006/250.42 mi-3
£1,40005/250.42 miSlateford Green, Edinburgh, EH143
£1,40006/250.42 miSlateford Green, Edinburgh, EH143
£1,40006/250.42 miSlateford Green, Edinburgh, EH143
£1,95003/240.47 miCraiglockhart Avenue, Edinburgh, Midlothian, EH143
£2,10011/250.47 miCraiglockhart Avenue, Edinburgh, Midlothian, EH143
£1,79506/250.47 miGorgie Road, Edinburgh, Midlothian, EH113
£1,70006/250.47 mi- Embankment West - Elfin Square, Edinburgh, EH113
£1,70007/250.47 mi- Embankment West - Elfin Square, Edinburgh, EH113
£1,70007/250.47 mi- Embankment West - Elfin Square, Edinburgh, EH113
£1,70008/250.47 mi- Embankment West - Elfin Square, Edinburgh, EH113
£2,25006/250.47 miMyreside View, Edinburgh3
£1,60004/250.49 mi-3
£2,49508/250.49 miHarrison Gardens, Edinburgh, EH113

Local Area Statistics

 

 

Rental demand

Balanced market

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £310,000

December 6, 2024

Floor Plans

Property image

Description

  • 3 Bedroom Main Door Flat +
  • Set In A Well Maintained Modern Development +
  • Residents Parking +
  • Move In Condition +
  • Close To Local Amenities +
  • Excellent Transport Links +
  • Gas Central Heating +
  • Double Glazing +

The Property
Fantastic opportunity to buy this main door 3 bedroom flat with private patio area that forms part of a modern development only a very short distance from excellent amenities and great transport links into the City Centre.

Accommodation comprise large L shaped hallway which leads to the well proportioned living room which is flooded with natural light from the french doors. The spacious kitchen/diner benefits from ample worktop space with floor and wall mounted units. There are two double bedrooms with master bedroom having an en-suite with shower cubicle. The third bedroom could be utilised as an office/study space. The main bathroom is fitted with a three piece suite.

Externally there are well maintained communal garden areas with resident parking available.

Slateford is a popular residential area providing a good choice of local shops and amenities with facilities being available in nearby Gorgie and Dalry, together with a handy Asda store just off Chesser Avenue along with an M&S food hall situated within the retail park along with Costa Coffee. There are a number of activities for the sports enthusiasts, including a swimming pool in Dalry, Craiglockhart Sports Center and Saughton Public Park with its running track. The property also lies close to the Corn Exchange Village, Fountain Park, home to a state of the art gym and pool, multi-screen cinema, bowling alley, restaurants and bars, is also only a short drive/bus journey away and the many and varied entertainments of the City center can be easily reached by the regular bus services running along Slateford Road to Princes Street and surrounding parts of the City. For traveling outwith the City, there is quick and easy access to the City By-pass and Haymarket train station. Edinburgh, Heriot-Watt, and Napier Universities are all within a short walk or bus journey.

Early viewing is highly recommended.

To book a viewing visit our website at or download our app.

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Edinburgh

020 3834 8127

Next Steps?

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