3 Bed Flat, Single Let, Edinburgh, EH4 7LA, £165,000

5/4 Balfron Loan, Edinburgh, EH4 7LA - 3 months ago

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

ValuationUndervalued

Sold Prices£125K - £728.5K

 

 

Square Metres

~93 m²

Value Estimate

£170,750
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Total Cash In

£47,400

 

 

Cash Out

 

Rent Range

£950 - £2,995

Rent Estimate

£1,271

Running Costs/mo

£790

Cashflow/mo

£481

Cashflow/yr

£5,774

ROI

12%

Gross Yield

9%

Local Sold Prices

21 sold prices from £125K to £728.5K, average is £217.5K.

PriceDateDistanceAddressBeds 
£187.5K05/210.31 mi15/10, Craigmount Hill, Edinburgh, Midlothian EH4 8HW3
£205K09/210.32 mi95/4, Parkgrove Terrace, Edinburgh, Midlothian EH4 7RT3
£325K11/210.45 mi47, Parkgrove Drive, Edinburgh, Midlothian EH4 7QG3
£315.6K12/210.45 mi53, Parkgrove Drive, Edinburgh, Midlothian EH4 7QG3
£217.5K08/210.5 mi17/5, Mearenside, Edinburgh, Midlothian EH12 8UQ3
£362.5K06/210.66 mi88/5, Barnton Park View, Edinburgh, Midlothian EH4 6HJ3
£295K12/210.87 mi157/2, St. Johns Road, Edinburgh, Midlothian EH12 7SD3
£320K08/210.96 mi98, Corstorphine High Street, Edinburgh, Mid EH12 7SY3
£267K02/211.3 mi26/2 Essex Court, Avon Road, Edinburgh, Mid EH4 6RD3
£240.2K10/211.32 mi85, Ladywell Avenue, Edinburgh, Midlothian EH12 7LL3
£185K04/211.47 mi2, Carrick Knowe Parkway, Edinburgh, Midlothian EH12 7DX3
£215K12/211.52 mi147, Broomfield Crescent, Edinburgh, Midlothian EH12 7LU3
£175K02/211.53 mi20, Carrick Knowe Drive, Edinburgh, Midlothian EH12 7EB3
£158K05/211.72 mi275, Broomhouse Road, Edinburgh, Midlothian EH11 3SF3
£330K09/211.75 mi10, Glendevon Grove, Edinburgh, Midlothian EH12 5UX3
£226K03/211.8 mi19/3, Glendevon Park, Edinburgh, Midlothian EH12 5XA3
£146K07/211.82 mi29, Broomhouse Place North, Edinburgh, Midlothian EH11 3UQ3
£127K11/211.91 mi1c, Muirhouse Place West, Edinburgh, Mid EH4 4PX3
£125K02/211.92 mi10, Broomhouse Place South, Edinburgh, Mid EH11 3UA3
£170K09/211.98 mi24, Broomhouse Loan, Edinburgh, Midlothian EH11 3TS3
£728.5K03/212 mi11, Campbell Avenue, Edinburgh, Mid EH12 6DP3

Local Rents

25 rents from £950/mo to £3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,75007/230.05 mi-3
£95002/250.11 mi-3
£1,45002/250.3 mi-3
£1,45001/250.3 mi-3
£1,10005/240.32 mi20, Alan Breck Gardens, Edinburgh, EH4 7JB3
£1,29503/250.33 mi-3
£1,55003/240.33 miParkgrove Terrace, Barnton, Edinburgh, EH43
£1,60004/240.38 mi0380L – Barntongate Terrace, Edinburgh, EH4 8BT3
£2,20003/240.43 miCraigmount View, Edinburgh, EH123
£2,20003/240.43 miCraigmount View, Edinburgh, EH123
£2,20012/240.43 mi-3
£1,39012/240.45 mi-3
£1,35007/240.45 mi-3
£1,39003/240.45 miMearenside, Edinburgh, EH123
£1,45005/230.46 mi-3
£1,95003/240.48 miParkgrove Road, Edinburgh, Midlothian, EH43
£1,55009/230.49 mi-3
£1,55008/240.49 mi-3
£2,00012/240.52 mi-3
£2,99505/240.55 miBarntongate Avenue, Barnton, Edinburgh3
£2,50009/230.56 mi-3
£1,89004/250.56 mi-3
£2,50004/250.58 mi-3
£2,10002/250.6 mi-3
£1,59003/240.61 mi48 Hayfield, East Craigs, Edinburgh, EH123

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 £165,000

February 6, 2025

Floor Plans

Description

A superb opportunity has arisen to purchase this lovely three bedroom first floor flat quietly positioned within a popular pocket of Clermiston. Close to excellent amenities and transport links, the property is well-suited to a variety of purchasers including first-time buyers.

Internally, the property is offered to market in a move-in condition while briefly comprising of; welcoming entrance hallway with storage provisions, bright and airy lounge with twin windows and a gas fireplace, fully-fitted kitchen/diner with integrated white goods and tiling in splash areas, generously-proportioned double bedroom with integrated wardrobes and a front-facing outlook, second double bedroom with a rear aspect, sizeable third single bedroom, and a fully-paneled shower room with a heated towel rail.

Further benefits include a secure door entry system, gas central heating (new boiler April 2024), and double glazing throughout.

To the rear of the property is a sizeable and well-maintained private garden mostly laid to lawn with a wooden deck and chip stone border. There is also a communal drying green. For the car owner, on-street free parking is available to accommodate both residents and visitors alike.

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 💪