2 Bed Flat, Single Let, EH14 1QJ, £180,000

27/2 Hutchison Place, Edinburgh, EH14 1QJ - 2 months ago

BTL
ROI: 6%
~65 m²
+15 photos

ValuationOvervalued

Sold Prices£144K - £425K

 

 

Square Metres

~65 m²

Value Estimate

£171,572

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Total Cash In

£55,200

 

 

Cash Out

 

Rent Range

£1,100 - £1,900

Rent Estimate

£1,100

Running Costs/mo

£803

Cashflow/mo

£298

Cashflow/yr

£3,570

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £144K to £425K, average is £197.5K.

PriceDateDistanceAddressBeds 
£185K02/210.07 mi20/2, Hutchison Medway, Edinburgh, Midlothian EH14 1QQ2
£250K02/210.19 mi32a, Moat Terrace, Edinburgh, Mid EH14 1PS2
£213K07/210.19 mi15, Moat Terrace, Edinburgh, Midlothian EH14 1PS2
£241K06/210.19 mi20, Moat Place, Edinburgh, Mid EH14 1PP2
£177K09/210.21 mi143/3, Hutchison Road, Edinburgh, Midlothian EH14 1PG2
£156K11/210.21 mi131/6, Hutchison Road, Edinburgh, Midlothian EH14 1PG2
£270.2K04/210.24 mi4/11, Appin Street, Edinburgh EH14 1PA2
£185K05/210.24 mi161/8, Slateford Road, Edinburgh, Midlothian EH14 1PD2
£205K08/210.26 mi10, Flat 5, New Mart Place, Edinburgh, Midlothian EH14 1TX2
£220K02/210.27 mi16, Chesser Crescent, Edinburgh, Mid EH14 1SB2
£230K09/210.28 mi94, Flat 5, Chesser Crescent, Edinburgh, Midlothian EH14 1SE2
£179K06/210.28 mi4/4, Moat Drive, Edinburgh, Midlothian EH14 1NR2
£160K02/210.31 mi90/4, Slateford Road, Edinburgh, Mid EH14 1NP2
£245K02/210.31 mi60, Allan Park Crescent, Edinburgh, Mid EH14 1LQ2
£299.9K03/210.32 mi1, Flat 12, Meggetland View, Edinburgh, Midlothian EH14 1XS2
£200K08/210.33 mi41, Allan Park Drive, Edinburgh, Midlothian EH14 1LW2
£260K05/210.33 mi2/3, Appin Street, Edinburgh EH14 1PA2
£270.5K08/210.35 mi19, Chesser Avenue, Edinburgh, Midlothian EH14 1SS2
£271.3K02/210.35 mi2, Chesser Loan, Edinburgh, Mid EH14 1SX2
£170K08/210.37 mi17/5, Saughton Avenue, Edinburgh, Midlothian EH11 2RX2
£182.5K09/210.38 mi3/8, Perdrixknowe, Edinburgh, Midlothian EH14 1AF2
£237.5K08/210.4 mi10/5, Hermand Street, Edinburgh, Midlothian EH11 1LR2
£235K05/210.4 mi5, Chesser Grove, Edinburgh, Midlothian EH14 1SZ2
£320K10/210.4 mi13, Chesser Grove, Edinburgh, Midlothian EH14 1SZ2
£320K06/210.43 mi6, Alderbank Terrace, Edinburgh, Midlothian EH11 1SX2
£195.6K07/210.44 mi4/7, Robertson Gait, Edinburgh, Midlothian EH11 1HJ2
£198K09/210.46 mi572/3, Gorgie Road, Edinburgh EH11 3AL2
£425K08/210.48 mi67a, Lockharton Avenue, Edinburgh, Mid EH14 1BB2
£238K09/210.52 mi5/7, Sinclair Place, Edinburgh, Midlothian EH11 1AG2
£235K04/210.53 mi19/14, Sinclair Place, Edinburgh, Midlothian EH11 1AH2
£165K06/210.54 mi344/6, Gorgie Road, Edinburgh, Midlothian EH11 2QT2
£170K05/210.57 mi38, Stenhouse Terrace, Edinburgh, Midlothian EH11 3JA2
£325K03/210.57 mi7/5, Myreside View, Edinburgh EH14 1AG2
£176.3K06/210.58 mi18, Stenhouse Terrace, Edinburgh, Midlothian EH11 3JB2
£167K11/210.59 mi8/1, Stenhouse Road, Edinburgh, Midlothian EH11 3LQ2
£253.5K12/210.59 mi4, Daisy Terrace, Edinburgh, Midlothian EH11 1PL2
£185K06/210.6 mi1/5, Inglis Green Rigg, Edinburgh, Midlothian EH14 2LF2
£188K12/210.6 mi2/7, Inglis Green Rigg, Edinburgh, Midlothian EH14 2LF2
£182.3K04/210.61 mi4/6, Inglis Green Gait, Edinburgh EH14 2LG2
£178.6K09/210.62 mi44, Stenhouse Place East, Edinburgh, Midlothian EH11 3DL2
£315.6K12/210.63 mi13/6, Ogilvie Terrace, Edinburgh, Midlothian EH11 1NS2
£165K09/210.64 mi16/1, Stenhouse Cottages, Edinburgh, Midlothian EH11 3JQ2
£197K11/210.64 mi88, Stevenson Road, Edinburgh, Midlothian EH11 2SJ2
£144K12/210.67 mi69/3, Stenhouse Drive, Edinburgh, Midlothian EH11 3JS2
£165K09/210.68 mi37, Stenhouse Crescent, Edinburgh, Midlothian EH11 3JN2
£168K02/210.74 mi50/2, Whitson Road, Edinburgh, Midlothian EH11 3BT2
£165K02/210.75 mi11, Stenhouse Crescent, Edinburgh, Mid EH11 3JJ2
£158K07/210.78 mi1, Stenhouse Street East, Edinburgh, Midlothian EH11 3DD2
£326K06/210.79 mi28/2, Merchiston Gardens, Edinburgh, Midlothian EH10 5DD2
£186K10/210.81 mi35/1, Stenhouse Gardens, Edinburgh, Midlothian EH11 3LS2

Local Rents

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

RentDateDistanceAddressBeds 
£1,20003/250.01 mi-2
£1,25004/250.06 mi-2
£1,27003/240.06 miHutchison Cottages, Edinburgh, EH142
£1,50003/240.11 miAppin Place, Slateford, Edinburgh, EH142
£1,54003/240.13 miAppin Place, Slateford, Edinburgh, EH142
£1,40012/240.14 mi-2
£1,70012/240.15 mi-2
£1,35012/240.18 mi-2
£1,45004/250.18 mi-2
£1,55004/250.18 mi-2
£1,39503/240.2 mi-2
£1,39503/240.2 miMoat Place, Edinburgh, EH142
£1,30012/240.22 mi-2
£1,50004/250.29 mi-2
£1,39512/240.3 mi-2
£1,39503/240.3 miNorth Meggetland, Edinburgh, EH142
£1,25003/240.3 miNorth Meggetland, Craiglockhart, Edinburgh, EH142
£1,45002/250.3 mi-2
£1,25012/240.3 mi-2
£1,36012/240.33 mi-2
£1,75012/240.35 mi-2
£1,90012/240.35 mi-2
£1,30003/250.39 mi-2
£1,49002/250.39 mi-2
£1,48503/240.39 miElfin Square, Edinburgh, EH112
£1,32503/240.39 miElfin Square, Edinburgh, EH112
£1,32503/240.39 miEmbankment West, 5 Elfin Square, Edinburgh, EH112
£1,48503/240.39 miElfin Square, Edinburgh, EH112
£1,32512/240.39 miEmbankment West, 5 Elfin Square, Edinburgh, EH112
£1,10003/240.39 miNew Mart Square, Chesser, Edinburgh, EH142
£1,29504/250.4 mi-2
£1,20003/240.41 mi-2
£1,25001/250.41 mi-2
£1,28003/240.42 miLaichpark Road, Edinburgh, EH142
£1,50003/250.43 mi-2
£1,10012/240.45 mi-2
£1,15003/240.45 miSlateford Road, Edinburgh, Midlothian2
£1,15003/240.45 miSlateford Road, Edinburgh, Midlothian2
£1,35004/250.46 mi-2
£1,29504/250.46 mi-2
£1,27504/250.46 mi-2
£1,39504/250.47 mi-2
£1,49502/250.48 mi-2
£1,53503/240.48 miRobertson Avenue, Edinburgh, EH112
£1,40002/250.48 mi-2
£1,30003/240.48 miHermand Crescent, Slateford, Edinburgh, EH112
£1,50002/250.52 mi-2
£1,20003/240.52 miStenhouse Crescent, Stenhouse, Edinburgh, EH112
£1,17503/240.52 miStenhouse Crescent, Stenhouse, Edinburgh, EH112
£1,30003/240.53 mi2, Sinclair Gardens, Edinburgh, EH11 1UU2

Local Area Statistics

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £180,000

February 16, 2025

Floor Plans

Description

McEwan Fraser Legal is delighted to present this beautifully presented two-bedroom flat, located in a popular residential area of Edinburgh. The property is accessed via a well-maintained communal entrance, leading to a bright and welcoming hallway. Plush carpets and two-tone painted walls create a homely atmosphere as soon as you enter.

The living room is a warm and inviting space, painted in cosy tones and complemented by newly fitted carpets. French doors open directly onto the private garden, seamlessly blending indoor and outdoor living. The room also offers plenty of space for a dining table, making it perfect for both relaxing and entertaining.

The modern kitchen has been finished with dark cupboards, beautifully contrasting with the wooden surfaces and blue feature tiles that add a pop of colour. A large window fills the space with natural light, while feature lighting ensures a bright atmosphere year-round. The kitchen offers ample storage, keeping the area tidy and functional.

The main bedroom is a generously sized double. Spotlight lighting keeps the space bright and fresh. The second bedroom is a versatile double room, currently decorated with lilac tones and children's wallpaper. It offers enough space to accommodate a double bed or could be easily transformed into a home office or guest room. A large window ensures the room is filled with natural light, adding to its bright and airy feel.

The well-sized bathroom features a combined bath and shower, with white tiling and bright finishes that create a clean, fresh look. A window allows for natural ventilation and light.

French doors from the living room lead directly to a private, fenced garden offering privacy. The garden features a decked area, perfect for outdoor dining or socialising during the summer months.

This property is situated in a popular residential area in Edinburgh's Slateford district known for its many amenities and convenient transport links. Slateford Train Station and regular bus routes offer quick and easy access to Edinburgh city centre, making this location perfect for commuters.

Electricity Supply: British Gas
Water Supply: Scottish Water
Sewerage: Local Authority
Broadband / Mobile Coverage: Virgin Media, 5G Coverage

Agent Details

McEwan Fraser Legal, Edinburgh

0131 381 4292

Next Steps?

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