2 Bed Flat, Single Let, Edinburgh, EH4 4TE, £100,000

Pennywell gardens, Edinburgh, EH4 4TE - 2 views - 4 months ago

Sold STC
BTL
ROI: 15%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£115K - £300K

 

 

Square Metres

~68.11 m²

Value Estimate

£115,000
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£29,200

 

 

Cash Out

 

Rent Range

£740 - £2,500

Rent Estimate

£880

Running Costs/mo

£509

Cashflow/mo

£372

Cashflow/yr

£4,458

ROI

15%

Gross Yield

11%

Local Sold Prices

50 sold prices from £115K to £300K, average is £181.6K.

PriceDateDistanceAddressBeds 
£126.1K10/210.11 mi6/5, Muirhouse Grove, Edinburgh, Midlothian EH4 4SS2
£155K08/210.34 mi4/4, Ferry Gait Crescent, Edinburgh, Midlothian EH4 4GR2
£150K04/210.36 mi5/7, Ferry Gait Crescent, Edinburgh, Midlothian EH4 4GS2
£175K05/210.4 mi16c, Silverknowes View, Edinburgh, Midlothian EH4 5PY2
£137.8K09/210.46 mi3a, Muirhouse Place East, Edinburgh, Midlothian EH4 4PN2
£162K08/210.47 mi11, Flat 6, Colonsay Close, Edinburgh, Midlothian EH5 1BT2
£155K08/210.49 mi51, Flat 4, Waterfront Park, Edinburgh, Midlothian EH5 1BA2
£180.2K08/210.51 mi3/6, Granton Mill Place, Edinburgh, Midlothian EH4 4UP2
£145K04/210.92 mi142, Crewe Road West, Edinburgh, Midlothian EH5 2PQ2
£150K05/210.96 mi115, Crewe Road North, Edinburgh, Midlothian EH5 2NW2
£130K08/210.97 mi256/1, Crewe Road North, Edinburgh, Midlothian EH5 1LS2
£188K02/211.01 mi108/6, Crewe Road North, Edinburgh, Mid EH5 2NE2
£210K03/211.01 mi112/7, Crewe Road North, Edinburgh, Midlothian EH5 2NE2
£147.5K03/211.06 mi70, Crewe Terrace, Edinburgh, Midlothian EH5 2LJ2
£235K05/211.1 mi17/3, Hillpark Brae, Edinburgh, Midlothian EH4 7TD2
£190K12/211.15 mi229, Pilton Avenue, Edinburgh, Midlothian EH5 2HE2
£152K02/211.15 mi52, Crewe Crescent, Edinburgh, Midlothian EH5 2JP2
£183K10/211.16 mi243, Pilton Avenue, Edinburgh, Midlothian EH5 2LA2
£142K04/211.16 mi38, Crewe Terrace, Edinburgh, Midlothian EH5 2JU2
£183K11/211.16 mi38, Crewe Terrace, Edinburgh, Midlothian EH5 2JU2
£200K05/211.18 mi2/23, Saltire Square, Edinburgh, Midlothian EH5 1PR2
£220.2K10/211.2 mi22, Saltire Street, Edinburgh EH5 1PT2
£155K02/211.2 mi36, Pilton Place, Edinburgh, Midlothian EH5 2EX2
£136.2K12/211.21 mi4/4, Royston Mains Gardens, Edinburgh, Midlothian EH5 1NP2
£116K10/211.22 mi7/6, Royston Mains Gardens, Edinburgh, Midlothian EH5 1NJ2
£300K10/211.24 mi6, Kimmerghame Path, Edinburgh, Midlothian EH4 2GN2
£165K05/211.24 mi128, Boswall Parkway, Edinburgh, Midlothian EH5 2PN2
£210K08/211.27 mi9/5, South Groathill Avenue, Edinburgh, Midlothian EH4 2LL2
£210.5K07/211.3 mi35, Flat 2, Waterfront Avenue, Edinburgh, Midlothian EH5 1JD2
£225K11/211.32 mi4/14, East Pilton Farm Avenue, Edinburgh EH5 2GA2
£205K11/211.34 mi35, Granton Park Avenue, Edinburgh, Midlothian EH5 1HS2
£270K02/211.37 mi4, East Werberside Place, Edinburgh EH4 1SB2
£195K07/211.38 mi5/1, East Pilton Farm Rigg, Edinburgh, Midlothian EH5 2GD2
£168K06/211.39 mi20, Pilton Gardens, Edinburgh, Midlothian EH5 2HY2
£245K11/211.4 mi8/5, North Werber Place, Edinburgh, Midlothian EH4 1TF2
£270K03/211.4 mi8/6, North Werber Place, Edinburgh, Midlothian EH4 1TF2
£176K09/211.42 mi10/2, West Winnelstrae, Edinburgh, Midlothian EH5 2ES2
£190K10/211.42 mi10/6, West Winnelstrae, Edinburgh, Midlothian EH5 2ES2
£215K11/211.44 mi13, Flat 6, East Pilton Farm Crescent, Edinburgh, Midlothian EH5 2GF2
£135K09/211.47 mi50, Pilton Avenue, Edinburgh, Midlothian EH5 2HS2
£162.5K08/211.48 mi1/5, Rannoch Grove, Edinburgh, Midlothian EH4 7EH2
£195.5K08/211.48 mi53, Pilton Avenue, Edinburgh, Midlothian EH5 2HR2
£185K10/211.49 mi2/1, Boswall Place, Edinburgh, Midlothian EH5 2ED2
£156.5K03/211.49 mi3/5, Boswall Place, Edinburgh, Midlothian EH5 2ED2
£115K09/211.5 mi12/5, Wardieburn Street East, Edinburgh, Midlothian EH5 1DL2
£209K04/211.51 mi43/8, West Ferryfield, Edinburgh, Midlothian EH5 2PT2
£207.7K05/211.51 mi47/11, West Ferryfield, Edinburgh, Midlothian EH5 2PT2
£242.5K04/211.52 mi1, Almond Bank Cottages, Edinburgh, Midlothian EH4 6PJ2
£198K09/211.53 mi82/6, West Ferryfield, Edinburgh, Midlothian EH5 2PU2
£165.1K09/211.55 mi13/3, Ransome Gardens, Edinburgh, Midlothian EH4 7ET2

Local Rents

38 rents from £740/mo to £2.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20005/240.11 mi-2
£1,30004/250.11 mi-2
£90004/240.11 mi-2
£90003/240.11 miFidra Court, Edinburgh, EH42
£1,20005/240.35 mi1215L – Ferry Gait Crescent, Edinburgh, EH4 4GR2
£1,32503/240.35 miFerry Gait Crescent, Edinburgh, Midlothian, EH42
£1,15004/240.38 mi-2
£99505/240.38 mi-2
£1,15004/240.38 miFerry Gait Crescent, Edinburgh, EH42
£99505/240.38 miFerry Gait Crescent, Edinburgh, EH42
£74005/240.41 mi5 Macgill Drive, Edinburgh, EH42
£1,20001/240.41 mi-2
£1,30001/250.41 mi-2
£92505/240.45 miFerry Gait Place, Silverknowes, Edinburgh, EH42
£1,30011/240.45 mi-2
£1,29503/250.46 mi-2
£1,50002/240.48 mi-2
£1,20004/240.48 miMottram Road, Silverknowes, Edinburgh, EH42
£1,05003/240.49 mi-2
£1,30012/240.49 mi-2
£1,15003/240.5 miWaterfront Gait, Edinburgh, EH52
£1,30004/240.5 mi-2
£1,15001/250.5 mi-2
£1,10004/240.51 mi-2
£1,10004/240.51 miWaterfront Gait, Edinburgh, EH52
£1,30002/250.51 mi-2
£1,30004/250.51 mi-2
£92503/240.51 mi1017L – West Pilton Rise, Edinburgh, EH4 4UQ2
£1,35002/240.51 mi-2
£1,29504/240.52 miWaterfront Park, Edinburgh, EH52
£1,50012/240.52 mi-2
£1,19503/250.53 mi-2
£2,50002/250.53 mi-2
£2,35004/240.55 mi-2
£1,85003/250.55 mi-2
£2,35003/240.55 miWaterfront Park, Edinburgh, EH52
£1,25003/250.56 mi-2
£90003/240.57 miFerry Road, Edinburgh, EH42

Local Area Statistics

 

 

Rental demand

Landlord's market

Rental growth (12m)

-9%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £100,000

December 12, 2024

Floor Plans

Description

  • TWO BEDROOMS FLAT +
  • WALK IN CONDITION +
  • GAS CENTRAL HEATING & DOUBLE GLAZING +
  • GREAT TRAVEL LINKS, CLOSE TO CITY CENTRE +
  • STUNNING VIEWS OF THE EDINBURGH SKYLINE +
  • PRIVATE BALCONY +

Bright and spacious flat forming part of a residential apartment block close to Silverknowes beach and with amazing views of the Edinburgh skyline. The property benefits from a private balcony, gas central heating with a combi boiler and double glazing.  Muirhouse is an increasingly popular residential area of Edinburgh situated to the north of Ferry Road between Granton and Trinity. There is a selection of local shops including a Morrisons on Ferry Road. It is also well located for access to Craigleith Retail Park, the Gyle shopping centre and Ocean Terminal in Leith. Ainslie Park Leisure Centre is close by and there are excellent transport links to the city centre . Both Craigroyston Primary School and Oaklands School that provides a significantly adapted and supportive learning environment are in close proximity. It is also convenient for the City By-pass, the airport and the Central Belt motorway system.

Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

Agent Details

Yopa, Scotland & The North

0161 524 0574

Next Steps?

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