2 Bed Flat, Single Let, EH14 1QZ, £170,000

4/6 Hutchison Road, Chesser, Edinburgh, EH14, EH14 1QZ - 2 views - 2 months ago

Under Offer
BTL
ROI: 9%
~68 m²
+15 photos

ValuationUndervalued

Sold Prices£144K - £425K

 

 

Square Metres

~68.11 m²

Value Estimate

£175,323
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£1,100 - £1,900

Rent Estimate

£1,150

Running Costs/mo

£781

Cashflow/mo

£369

Cashflow/yr

£4,425

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £144K to £425K, average is £196.3K.

PriceDateDistanceAddressBeds 
£205K08/210.11 mi10, Flat 5, New Mart Place, Edinburgh, Midlothian EH14 1TX2
£185K02/210.11 mi20/2, Hutchison Medway, Edinburgh, Midlothian EH14 1QQ2
£230K09/210.15 mi94, Flat 5, Chesser Crescent, Edinburgh, Midlothian EH14 1SE2
£271.3K02/210.21 mi2, Chesser Loan, Edinburgh, Mid EH14 1SX2
£220K02/210.23 mi16, Chesser Crescent, Edinburgh, Mid EH14 1SB2
£270.5K08/210.23 mi19, Chesser Avenue, Edinburgh, Midlothian EH14 1SS2
£235K05/210.26 mi5, Chesser Grove, Edinburgh, Midlothian EH14 1SZ2
£320K10/210.26 mi13, Chesser Grove, Edinburgh, Midlothian EH14 1SZ2
£200K08/210.3 mi41, Allan Park Drive, Edinburgh, Midlothian EH14 1LW2
£177K09/210.31 mi143/3, Hutchison Road, Edinburgh, Midlothian EH14 1PG2
£156K11/210.31 mi131/6, Hutchison Road, Edinburgh, Midlothian EH14 1PG2
£250K02/210.32 mi32a, Moat Terrace, Edinburgh, Mid EH14 1PS2
£213K07/210.32 mi15, Moat Terrace, Edinburgh, Midlothian EH14 1PS2
£241K06/210.34 mi20, Moat Place, Edinburgh, Mid EH14 1PP2
£245K02/210.34 mi60, Allan Park Crescent, Edinburgh, Mid EH14 1LQ2
£198K09/210.35 mi572/3, Gorgie Road, Edinburgh EH11 3AL2
£185K05/210.39 mi161/8, Slateford Road, Edinburgh, Midlothian EH14 1PD2
£270.2K04/210.39 mi4/11, Appin Street, Edinburgh EH14 1PA2
£179K06/210.41 mi4/4, Moat Drive, Edinburgh, Midlothian EH14 1NR2
£170K08/210.41 mi17/5, Saughton Avenue, Edinburgh, Midlothian EH11 2RX2
£299.9K03/210.42 mi1, Flat 12, Meggetland View, Edinburgh, Midlothian EH14 1XS2
£160K02/210.45 mi90/4, Slateford Road, Edinburgh, Mid EH14 1NP2
£167K11/210.45 mi8/1, Stenhouse Road, Edinburgh, Midlothian EH11 3LQ2
£185K06/210.46 mi1/5, Inglis Green Rigg, Edinburgh, Midlothian EH14 2LF2
£188K12/210.46 mi2/7, Inglis Green Rigg, Edinburgh, Midlothian EH14 2LF2
£170K05/210.47 mi38, Stenhouse Terrace, Edinburgh, Midlothian EH11 3JA2
£176.3K06/210.47 mi18, Stenhouse Terrace, Edinburgh, Midlothian EH11 3JB2
£260K05/210.48 mi2/3, Appin Street, Edinburgh EH14 1PA2
£182.5K09/210.48 mi3/8, Perdrixknowe, Edinburgh, Midlothian EH14 1AF2
£182.3K04/210.49 mi4/6, Inglis Green Gait, Edinburgh EH14 2LG2
£165K09/210.51 mi16/1, Stenhouse Cottages, Edinburgh, Midlothian EH11 3JQ2
£178.6K09/210.52 mi44, Stenhouse Place East, Edinburgh, Midlothian EH11 3DL2
£237.5K08/210.54 mi10/5, Hermand Street, Edinburgh, Midlothian EH11 1LR2
£165K09/210.55 mi37, Stenhouse Crescent, Edinburgh, Midlothian EH11 3JN2
£197K11/210.55 mi88, Stevenson Road, Edinburgh, Midlothian EH11 2SJ2
£425K08/210.56 mi67a, Lockharton Avenue, Edinburgh, Mid EH14 1BB2
£144K12/210.56 mi69/3, Stenhouse Drive, Edinburgh, Midlothian EH11 3JS2
£195.6K07/210.56 mi4/7, Robertson Gait, Edinburgh, Midlothian EH11 1HJ2
£320K06/210.58 mi6, Alderbank Terrace, Edinburgh, Midlothian EH11 1SX2
£165K02/210.62 mi11, Stenhouse Crescent, Edinburgh, Mid EH11 3JJ2
£165K06/210.63 mi344/6, Gorgie Road, Edinburgh, Midlothian EH11 2QT2
£238K09/210.64 mi5/7, Sinclair Place, Edinburgh, Midlothian EH11 1AG2
£235K04/210.66 mi19/14, Sinclair Place, Edinburgh, Midlothian EH11 1AH2
£186K10/210.68 mi35/1, Stenhouse Gardens, Edinburgh, Midlothian EH11 3LS2
£158K07/210.68 mi1, Stenhouse Street East, Edinburgh, Midlothian EH11 3DD2
£168K02/210.68 mi50/2, Whitson Road, Edinburgh, Midlothian EH11 3BT2
£325K03/210.71 mi7/5, Myreside View, Edinburgh EH14 1AG2
£253.5K12/210.74 mi4, Daisy Terrace, Edinburgh, Midlothian EH11 1PL2
£315.6K12/210.78 mi13/6, Ogilvie Terrace, Edinburgh, Midlothian EH11 1NS2
£150K09/210.82 mi103, Longstone Road, Edinburgh, Midlothian EH14 2AP2

Local Rents

50 rents from £1.1K/mo to £1.9K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,70012/240.1 mi-2
£1,20003/250.15 mi-2
£1,50004/250.17 mi-2
£1,36012/240.18 mi-2
£1,25004/250.21 mi-2
£1,27003/240.21 miHutchison Cottages, Edinburgh, EH142
£1,10003/240.24 miNew Mart Square, Chesser, Edinburgh, EH142
£1,29504/250.25 mi-2
£1,50003/240.26 miAppin Place, Slateford, Edinburgh, EH142
£1,28003/240.26 miLaichpark Road, Edinburgh, EH142
£1,54003/240.28 miAppin Place, Slateford, Edinburgh, EH142
£1,50003/250.29 mi-2
£1,40012/240.29 mi-2
£1,75012/240.31 mi-2
£1,90012/240.31 mi-2
£1,35012/240.32 mi-2
£1,45004/250.32 mi-2
£1,55004/250.32 mi-2
£1,49002/250.32 mi-2
£1,48503/240.32 miElfin Square, Edinburgh, EH112
£1,32503/240.32 miElfin Square, Edinburgh, EH112
£1,32503/240.32 miEmbankment West, 5 Elfin Square, Edinburgh, EH112
£1,48503/240.32 miElfin Square, Edinburgh, EH112
£1,32512/240.32 miEmbankment West, 5 Elfin Square, Edinburgh, EH112
£1,30012/240.33 mi-2
£1,45002/250.34 mi-2
£1,39503/240.35 mi-2
£1,39503/240.35 miMoat Place, Edinburgh, EH142
£1,35004/250.35 mi-2
£1,29504/250.35 mi-2
£1,27504/250.35 mi-2
£1,49502/250.36 mi-2
£1,40002/250.4 mi-2
£1,50002/250.41 mi-2
£1,20003/240.41 miStenhouse Crescent, Stenhouse, Edinburgh, EH112
£1,17503/240.41 miStenhouse Crescent, Stenhouse, Edinburgh, EH112
£1,39512/240.45 mi-2
£1,39503/240.45 miNorth Meggetland, Edinburgh, EH142
£1,25003/240.45 miNorth Meggetland, Craiglockhart, Edinburgh, EH142
£1,25012/240.45 mi-2
£1,35003/240.46 miInglis Green Rigg, Edinburgh, EH142
£1,25002/240.46 mi-2
£1,24012/240.46 mi-2
£1,28003/240.46 miStenhouse Road, Edinburgh, EH112
£1,30008/240.49 mi-2
£1,59511/240.49 mi-2
£1,50004/250.49 mi-2
£1,28012/240.49 mi-2
£1,26012/240.49 mi-2
£1,30002/250.51 mi-2

Local Area Statistics

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £170,000

February 12, 2025

Floor Plans

Description

  • Spacious Living / Dining Room +
  • Well-equipped Kitchen +
  • Two Double Bedrooms +
  • Modern Bathroom +
  • Gas Central Heating & Double Glazing +
  • Shared Rear Garden & Unrestricted Street Parking +
  • Beautiful Views +
  • Ideal First Time Buy or Investment +
  • Excellent Local Amenities & Transport Links +

4/6 Hutchison Road is an exceptionally bright and spacious top floor flat, which boasts beautiful views. An ideal first time buy or investment, the property is situated within short walking distance of an array of amenities, including Edinburgh West Retail Park and Slateford Station.

Entered through a well-maintained communal stair, the accommodation comprises: entrance hall with storage cupboard; living room with shelved press and ample space for a dining area; well-equipped kitchen with fitted units, sizeable cupboard and freestanding cooker with built-in gas hob, extractor hood, washing machine, slimline dishwasher, fridge and freezer; generously-proportioned double bedroom 1; double bedroom 2 with built-in cupboard and modern bathroom with electric shower over the bath, sink with fitted storage beneath and heated chrome towel-rail.

Further benefits include gas central heating and double glazing.

Externally there is an expansive shared rear garden laid to lawn with private shed area, and unrestricted on-street parking to the front of the building and on surrounding streets.

Extras
Extras to be included are all carpets and floorcoverings, curtains and blinds, and kitchen appliances.

EPC Rating
The energy efficiency rating of this property is band D.

Council Tax
This property is subject to council tax band C.

Agent Details

CURRAN & CO PROPERTY, Edinburgh

0131 381 4715

Next Steps?

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