3 Bed Flat, Single Let, Edinburgh, EH4 4BS, £130,000

15/2 Ferry Road Drive, Edinburgh, EH4 4BS - 4 views - 3 months ago

Under Offer
BTL
ROI: 17%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£127K - £910K

 

 

Square Metres

~93 m²

Value Estimate

£151,625
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,600

 

 

Cash Out

 

Rent Range

£1,100 - £1,825

Rent Estimate

£1,213

Running Costs/mo

£669

Cashflow/mo

£544

Cashflow/yr

£6,530

ROI

17%

Gross Yield

11%

Local Sold Prices

50 sold prices from £127K to £910K, average is £370.5K.

PriceDateDistanceAddressBeds 
£205.6K09/210.23 mi95, Crewe Road West, Edinburgh, Mid EH5 2PD3
£330K07/210.23 mi122b/7, Crewe Road North, Edinburgh EH5 2NE3
£187.5K12/210.45 mi41, Crewe Terrace, Edinburgh, Midlothian EH5 2JX3
£127K11/210.45 mi1c, Muirhouse Place West, Edinburgh, Mid EH4 4PX3
£270K10/210.55 mi2/8, East Pilton Farm Avenue, Edinburgh EH5 2GA3
£295K07/210.55 mi2/17, East Pilton Farm Avenue, Edinburgh EH5 2GA3
£255K03/210.55 mi6/16, East Pilton Farm Avenue, Edinburgh EH5 2GA3
£340.3K08/210.56 mi13, East Pilton Farm Rigg, Edinburgh, Midlothian EH5 2GE3
£255K02/210.56 mi9, East Pilton Farm Rigg, Edinburgh EH5 2GE3
£185K03/210.75 mi46, Pilton Avenue, Edinburgh, Midlothian EH5 2HS3
£165K12/210.77 mi49, Pilton Avenue, Edinburgh, Midlothian EH5 2HR3
£141.5K03/210.78 mi7, Pilton Crescent, Edinburgh, Midlothian EH5 2HU3
£225K02/210.8 mi2/15, Saltire Square, Edinburgh, Mid EH5 1PR3
£180K12/210.84 mi9, Pilton Avenue, Edinburgh, Midlothian EH5 2BS3
£143.5K06/210.86 mi6/4, Wardieburn Terrace, Edinburgh, Midlothian EH5 1DE3
£320K08/210.91 mi24/3, Ferryfield, Edinburgh, Midlothian EH5 2PR3
£407.5K07/211.16 mi13, Learmonth Crescent, Edinburgh, Midlothian EH4 1DD3
£300K03/211.21 mi48/11, Learmonth Avenue, Edinburgh, Midlothian EH4 1HT3
£415K03/211.24 mi33/2, Orchard Brae Avenue, Edinburgh, Midlothian EH4 2UR3
£385K04/211.25 mi38/1, Darnell Road, Edinburgh, Midlothian EH5 3PJ3
£910K06/211.31 mi37a, Inverleith Place, Edinburgh EH3 5QD3
£490.9K05/211.38 mi32, Hugh Miller Place, Edinburgh, Midlothian EH3 5JG3
£635K06/211.38 mi11/3, Inverleith Place, Edinburgh, Midlothian EH3 5QE3
£390K11/211.38 mi15/5, Goldenacre Terrace, Edinburgh, Midlothian EH3 5QP3
£728.5K03/211.48 mi11, Campbell Avenue, Edinburgh, Mid EH12 6DP3
£783.6K10/211.5 mi13a, Buckingham Terrace, Edinburgh, Mid EH4 3AA3
£675K09/211.61 mi115/6, Henderson Row, Edinburgh, Midlothian EH3 5BB3
£742.1K04/211.62 mi28, Clarence Street, Edinburgh, Midlothian EH3 5AF3
£750K08/211.65 mi13/1, North West Circus Place, Edinburgh, Mid EH3 6SX3
£382K11/211.68 mi10, Laverockbank Grove, Edinburgh, Midlothian EH5 3DD3
£335K11/211.68 mi23/4, Starbank Road, Edinburgh, Midlothian EH5 3BY3
£528.6K06/211.69 mi11/3, Gloucester Place, Edinburgh, Midlothian EH3 6EE3
£688K06/211.76 mi2/8, Eyre Place, Edinburgh EH3 5EP3
£301K05/211.76 mi8/4, Chancelot Grove, Edinburgh, Midlothian EH5 3AA3
£285K11/211.77 mi11/4, Chancelot Grove, Edinburgh, Midlothian EH5 3AA3
£612.5K12/211.79 mi18/4, Fettes Row, Edinburgh, Midlothian EH3 6RH3
£470K05/211.79 mi11, East Trinity Road, Edinburgh, Midlothian EH5 3DZ3
£661K03/211.8 mi9a, Hampton Terrace, Edinburgh, Midlothian EH12 5JD3
£345K06/211.8 mi7f, Canon Street, Edinburgh, Midlothian EH3 5HE3
£331K04/211.83 mi4/3, Russell Gardens, Edinburgh, Midlothian EH12 5PG3
£320K05/211.83 mi6/7, Russell Gardens, Edinburgh, Midlothian EH12 5PG3
£383.4K12/211.85 mi15/8, Roseburn Maltings, Edinburgh, Midlothian EH12 5LJ3
£460K11/211.85 mi18/1, Queensferry Street, Edinburgh, Midlothian EH2 4QW3
£750K07/211.85 mi72/4, Northumberland Street, Edinburgh, Midlothian EH3 6JG3
£740K04/211.86 mi60, Dundas Street, Edinburgh, Midlothian EH3 6QZ3
£750K10/211.87 mi2/1, William Street, Edinburgh, Midlothian EH3 7NH3
£348K03/211.9 mi1/11, New Cut Rigg, Edinburgh, Midlothian EH6 4QR3
£578K03/211.9 mi51a, Queen Street, Edinburgh, Midlothian EH2 3NS3
£365K11/211.94 mi22/5, Powderhall Road, Edinburgh, Midlothian EH7 4GB3
£376K05/211.99 mi11, Walker Terrace, Edinburgh, Midlothian EH11 2BH3

Local Rents

28 rents from £1.1K/mo to £1.8K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,15002/240 mi-3
£1,49503/250.1 mi-3
£1,25012/240.24 mi-3
£1,39503/240.24 miEaster Drylaw Place, Crewe Toll, Edinburgh, EH43
£1,25002/240.24 mi-3
£1,10004/250.24 mi-3
£1,65005/240.28 miArneil Drive, Pilton, Edinburgh, EH53
£1,49004/240.31 miArneil Drive, Edinburgh, EH53
£1,49501/240.31 mi-3
£1,59504/240.31 mi-3
£1,59503/240.31 miWest Pilton Bank, Edinburgh, EH43
£1,59503/240.31 miWest Pilton Bank, Edinburgh, EH43
£1,43004/240.37 miCrewe Road North, Edinburgh, EH53
£1,30003/240.37 miCrewe Crescent, Pilton , Edinburgh3
£1,80003/240.38 miGrieve Crescent, Edinburgh, EH43
£1,77503/240.38 mi-3
£1,82511/240.38 mi-3
£1,50002/250.39 mi-3
£1,75004/240.4 miGrigor Drive, Edinburgh3
£1,59903/250.51 mi-3
£1,79505/240.51 mi-3
£1,80003/240.52 mi17, Davidson Road, Edinburgh, EH4 2PE3
£1,37505/240.54 miEast Pilton Farm Avenue, Ferry Road, Edinburgh, EH53
£1,35004/240.57 mi-3
£1,30004/250.57 mi-3
£1,30004/240.6 mi-3
£1,30004/240.6 mi-3
£1,40004/240.6 mi2860L – Muirhouse Loan, Edinburgh, EH4 4NZ3

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 £130,000

January 25, 2025

Floor Plans

Description

A superb opportunity has arisen to acquire this well-proportioned three bedroom ground floor flat, pleasantly positioned within the popular Crewe area. With off-street parking and private gardens whilst being situated close to fantastic amenities and transport links, the property will suit a multitude of purchasers including first-time buyers and buy-to-let investors.

Internally, the property is presented in a move-in condition while briefly comprising of; welcoming entrance hallway with a useful storage cupboard, bright and airy lounge/diner with twin windows and a handy shelved cupboard, fully-fitted kitchen with a range of freestanding cooker and tiling in splash areas, two sizeable double bedrooms both with ample room for freestanding furniture and different configurations, third single bedroom offering flexible use, and a partially-tiled bathroom suite with an over-bath shower and heated towel rail.

Further benefits include gas central heating and double glazing throughout.

To the front of the property lies a private garden space with a secure off-street parking. To the rear there is a well-kept private garden, mostly laid to chip stone, offering a low maintenance upkeep.

Council Tax Band - B

Agent Details

Neilsons Solicitors and Estate Agents, Edinburgh

0131 381 8583

Next Steps?

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