5 Bed Semi-Detached House, Single Let, EH14 7HS, £490,000

6 Crosswood Crescent, Balerno, EH14 7HS - 3 months ago

Sold STC
BTL
~178 m²
+27 photos

ValuationOvervalued

Sold Prices£269K - £868.5K

 

 

Square Metres

~178.28 m²

Value Estimate

£269,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£122,500

Stamp Duty & Legal Fees

£27,900

Total Cash In

£150,400

 

 

Cash Out

 

Rent Range

£875 - £2,500

Rent Estimate

£919

Running Costs/mo

£1,735

Cashflow/mo

£-816

Cashflow/yr

£-9,793

Gross Yield

2%

Local Sold Prices

7 sold prices from £269K to £868.5K, average is £615.3K.

PriceDateDistanceAddressBeds 
£440K10/210.25 mi31, Marchbank Drive, Balerno, Midlothian EH14 7ER4
£568K05/210.54 mi2, Larchfield, Balerno, Midlothian EH14 7NN4
£650K09/210.8 mi18, Turner Avenue, Balerno, Midlothian EH14 7BS4
£615.3K10/210.87 mi2, Horsburgh Gardens, Balerno, Midlothian EH14 7BY4
£622.2K10/211.22 mi9, Newmills Crescent, Balerno, Midlothian EH14 5SX4
£269K11/202.67 mi77, Meadowbank Road, Kirknewton, Midlothian EH27 8BH4
£868.5K07/212.97 mi2-4, Juniper Park Road, Juniper Green, Midlothian EH14 5DX4

Local Rents

20 rents from £875/mo to £2.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,72503/240.04 miCrosswood Crescent, Balerno, Edinburgh, EH144
£2,24008/240.29 mi-4
£1,20010/230.32 mi-2
£1,39508/240.33 mi-2
£1,05003/240.37 mi2120L – Mansfield Road, Balerno, EH14 7LF2
£1,99503/230.42 mi-5
£1,99508/240.42 mi-5
£1,25008/230.5 mi-2
£1,25010/240.5 mi-2
£87503/240.5 miMain Street, Balerno, EH141
£1,25003/240.74 miGlenpark, Balerno, EH142
£1,25012/240.74 mi-2
£1,10006/231.35 mi-2
£1,20003/241.89 miKirkgate, Currie, Midlothian, EH142
£2,50003/241.92 mi7/9, Kirkgate, Currie, EH145
£1,75002/232.06 mi-4
£1,99503/232.07 mi-4
£1,99507/242.07 mi-4
£2,40012/242.29 mi-4
£1,10003/252.39 mi-1

Local Area Statistics

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £490,000

January 23, 2025

Floor Plans

Description

  • Spacious sitting room +
  • Kitchen/dining room with utility off +
  • Principal bedroom with en-suite +
  • 4 additional bedrooms +
  • Family bathroom with 4 piece suite +
  • Downstairs WC +
  • Floored loft providing extensive storage +
  • Large driveway & integral garage +

Located on the outskirts of Edinburgh in the popular village of Balerno this 5 bedroomed executive property offers a spacious family home for those looking to escape out of the city. Internally the property is well presented throughout with an entrance porch and hallway welcoming you in. A spacious living room can be found to the front, but the hub of this home is the open plan, kitchen/dining room to the rear. The kitchen offers wall and base units, range cooker and separate utility room off with Belfast sink and plumbing for a washing machine and dishwasher. A downstairs WC with 2 piece suite finishes the downstairs of this home.

Upstairs the landing offers access to a floored loft offering extensive storage space. The principal bedroom offers a spacious en-suite shower room with walk in shower and heated flooring. 4 additional bedrooms can be found upstairs with bedroom 5 doubling as a study/office space. A spacious newly fitted family bathroom with 4-piece suite including luxury rain shower and feature free standing bath completes this property.

Externally a large private driveway and integral garage can be found to the front and a large south/west facing garden with patio located to the rear.

The property further benefits from a newly replaced roof (2023), replacement UPVC doors and windows in the porch (2022) and waterproof and breathable exterior paint (2024) with guarantees for these works.

Early viewing is highly recommended.

Location

Balerno is a popular and quiet semi rural residential area which lies a few miles south west of the city centre. Nearby walkways, cycle paths and regular buses take you to the city centre. There are excellent local facilities including a Co-op, bars, cafes (one with co-working space) and medical centre in nearby Currie. The Gyle Shopping Centre with a Morrisons and Marks & Spencer is a short drive away. The Water of Leith Walkway and Pentland Hills are also on the doorstep, perfect for outdoor pursuits including walking, mountain biking and horseriding, and there is excellent fishing at Harlaw and Threipmuir reservoirs. A championship golf course, leisure club and spa facilities can be found at The Dalmahoy Hotel & Country Club at nearby Kirknewton. Access to the Edinburgh city bypass is within easy reach which in turn gives access to all major trunk routes to the north, south, Edinburgh International Airport, Forth Road Bridge and Glasgow. Schooling in the state and private sectors is well represented in the area and nearby areas.

Extras

To include all fitted flooring and carpets, light fixtures, curtains, blinds and range cooker.

Viewing

Open viewing Sunday 2-4pm or telephone VMH Solicitors on 0131-622-2626 for an appointment.

Agent Details

VMH Solicitors, Edinburgh

0131 381 8591

Next Steps?

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