2 Bed Flat, Single Let, Edinburgh, EH4 4TE, £105,000

Pennywel Gardens, Edinburgh, EH4 4TE - 2 views - 2 months ago

BTL
ROI: 15%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£115K - £300K

 

 

Square Metres

~68.11 m²

Value Estimate

£115,000
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£26,250

Stamp Duty & Legal Fees

£6,200

Total Cash In

£32,450

 

 

Cash Out

 

Rent Range

£740 - £2,500

Rent Estimate

£900

Running Costs/mo

£528

Cashflow/mo

£372

Cashflow/yr

£4,463

ROI

14%

Gross Yield

10%

Local Sold Prices

50 sold prices from £115K to £300K, average is £181.6K.

PriceDateDistanceAddressBeds 
£126.1K10/210.1 mi6/5, Muirhouse Grove, Edinburgh, Midlothian EH4 4SS2
£155K08/210.35 mi4/4, Ferry Gait Crescent, Edinburgh, Midlothian EH4 4GR2
£150K04/210.36 mi5/7, Ferry Gait Crescent, Edinburgh, Midlothian EH4 4GS2
£175K05/210.4 mi16c, Silverknowes View, Edinburgh, Midlothian EH4 5PY2
£137.8K09/210.46 mi3a, Muirhouse Place East, Edinburgh, Midlothian EH4 4PN2
£162K08/210.48 mi11, Flat 6, Colonsay Close, Edinburgh, Midlothian EH5 1BT2
£155K08/210.49 mi51, Flat 4, Waterfront Park, Edinburgh, Midlothian EH5 1BA2
£180.2K08/210.51 mi3/6, Granton Mill Place, Edinburgh, Midlothian EH4 4UP2
£145K04/210.92 mi142, Crewe Road West, Edinburgh, Midlothian EH5 2PQ2
£150K05/210.96 mi115, Crewe Road North, Edinburgh, Midlothian EH5 2NW2
£130K08/210.97 mi256/1, Crewe Road North, Edinburgh, Midlothian EH5 1LS2
£188K02/211.02 mi108/6, Crewe Road North, Edinburgh, Mid EH5 2NE2
£210K03/211.02 mi112/7, Crewe Road North, Edinburgh, Midlothian EH5 2NE2
£147.5K03/211.06 mi70, Crewe Terrace, Edinburgh, Midlothian EH5 2LJ2
£235K05/211.1 mi17/3, Hillpark Brae, Edinburgh, Midlothian EH4 7TD2
£190K12/211.15 mi229, Pilton Avenue, Edinburgh, Midlothian EH5 2HE2
£152K02/211.15 mi52, Crewe Crescent, Edinburgh, Midlothian EH5 2JP2
£183K10/211.16 mi243, Pilton Avenue, Edinburgh, Midlothian EH5 2LA2
£142K04/211.17 mi38, Crewe Terrace, Edinburgh, Midlothian EH5 2JU2
£183K11/211.17 mi38, Crewe Terrace, Edinburgh, Midlothian EH5 2JU2
£200K05/211.19 mi2/23, Saltire Square, Edinburgh, Midlothian EH5 1PR2
£220.2K10/211.2 mi22, Saltire Street, Edinburgh EH5 1PT2
£155K02/211.2 mi36, Pilton Place, Edinburgh, Midlothian EH5 2EX2
£136.2K12/211.21 mi4/4, Royston Mains Gardens, Edinburgh, Midlothian EH5 1NP2
£116K10/211.23 mi7/6, Royston Mains Gardens, Edinburgh, Midlothian EH5 1NJ2
£300K10/211.24 mi6, Kimmerghame Path, Edinburgh, Midlothian EH4 2GN2
£165K05/211.24 mi128, Boswall Parkway, Edinburgh, Midlothian EH5 2PN2
£210K08/211.27 mi9/5, South Groathill Avenue, Edinburgh, Midlothian EH4 2LL2
£210.5K07/211.3 mi35, Flat 2, Waterfront Avenue, Edinburgh, Midlothian EH5 1JD2
£225K11/211.32 mi4/14, East Pilton Farm Avenue, Edinburgh EH5 2GA2
£205K11/211.34 mi35, Granton Park Avenue, Edinburgh, Midlothian EH5 1HS2
£270K02/211.37 mi4, East Werberside Place, Edinburgh EH4 1SB2
£195K07/211.38 mi5/1, East Pilton Farm Rigg, Edinburgh, Midlothian EH5 2GD2
£168K06/211.39 mi20, Pilton Gardens, Edinburgh, Midlothian EH5 2HY2
£245K11/211.41 mi8/5, North Werber Place, Edinburgh, Midlothian EH4 1TF2
£270K03/211.41 mi8/6, North Werber Place, Edinburgh, Midlothian EH4 1TF2
£176K09/211.42 mi10/2, West Winnelstrae, Edinburgh, Midlothian EH5 2ES2
£190K10/211.42 mi10/6, West Winnelstrae, Edinburgh, Midlothian EH5 2ES2
£215K11/211.44 mi13, Flat 6, East Pilton Farm Crescent, Edinburgh, Midlothian EH5 2GF2
£135K09/211.47 mi50, Pilton Avenue, Edinburgh, Midlothian EH5 2HS2
£162.5K08/211.48 mi1/5, Rannoch Grove, Edinburgh, Midlothian EH4 7EH2
£195.5K08/211.49 mi53, Pilton Avenue, Edinburgh, Midlothian EH5 2HR2
£185K10/211.49 mi2/1, Boswall Place, Edinburgh, Midlothian EH5 2ED2
£156.5K03/211.49 mi3/5, Boswall Place, Edinburgh, Midlothian EH5 2ED2
£115K09/211.5 mi12/5, Wardieburn Street East, Edinburgh, Midlothian EH5 1DL2
£209K04/211.51 mi43/8, West Ferryfield, Edinburgh, Midlothian EH5 2PT2
£207.7K05/211.51 mi47/11, West Ferryfield, Edinburgh, Midlothian EH5 2PT2
£242.5K04/211.52 mi1, Almond Bank Cottages, Edinburgh, Midlothian EH4 6PJ2
£198K09/211.53 mi82/6, West Ferryfield, Edinburgh, Midlothian EH5 2PU2
£165.1K09/211.55 mi13/3, Ransome Gardens, Edinburgh, Midlothian EH4 7ET2

Local Rents

38 rents from £740/mo to £2.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20005/240.1 mi-2
£1,30004/250.1 mi-2
£90004/240.12 mi-2
£90003/240.12 miFidra Court, Edinburgh, EH42
£1,20005/240.35 mi1215L – Ferry Gait Crescent, Edinburgh, EH4 4GR2
£1,32503/240.35 miFerry Gait Crescent, Edinburgh, Midlothian, EH42
£1,15004/240.38 mi-2
£99505/240.38 mi-2
£1,15004/240.38 miFerry Gait Crescent, Edinburgh, EH42
£99505/240.38 miFerry Gait Crescent, Edinburgh, EH42
£74005/240.41 mi5 Macgill Drive, Edinburgh, EH42
£1,20001/240.41 mi-2
£1,30001/250.41 mi-2
£92505/240.45 miFerry Gait Place, Silverknowes, Edinburgh, EH42
£1,30011/240.45 mi-2
£1,29503/250.46 mi-2
£1,50002/240.48 mi-2
£1,20004/240.49 miMottram Road, Silverknowes, Edinburgh, EH42
£1,30012/240.49 mi-2
£1,05003/240.49 mi-2
£1,15003/240.51 miWaterfront Gait, Edinburgh, EH52
£1,30004/240.51 mi-2
£1,15001/250.51 mi-2
£1,10004/240.51 mi-2
£1,10004/240.51 miWaterfront Gait, Edinburgh, EH52
£1,30002/250.51 mi-2
£1,30004/250.51 mi-2
£92503/240.51 mi1017L – West Pilton Rise, Edinburgh, EH4 4UQ2
£1,35002/240.51 mi-2
£1,29504/240.52 miWaterfront Park, Edinburgh, EH52
£1,50012/240.52 mi-2
£1,19503/250.53 mi-2
£2,50002/250.54 mi-2
£2,35004/240.55 mi-2
£1,85003/250.55 mi-2
£2,35003/240.55 miWaterfront Park, Edinburgh, EH52
£1,25003/250.56 mi-2
£90003/240.57 miFerry Road, Edinburgh, EH42

Local Area Statistics

 

 

Rental demand

Landlord's market

Rental growth (12m)

-9%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Price changed to £105,000

March 24, 2025

Listed for £100,000

February 20, 2025

Description

  • CAPITAL APPRECIATION AREA +
  • CLOSE TO LOCAL AMENITIES +
  • CLOSE TO TRANSPORT LINK +
  • WILL ATTRACT AN ARRAY OF BUYERS +
  • GREAT FAMILY HOME, HIGHLY SOUGHT-AFTER AREA +
  • IDEAL FAMILY HOME +
  • IDEAL FIRST-TIME BUYER +
  • LARGE BEDROOMS +
  • MODERN FEATURES +
  • VERY HIGH DEMAND AREA +

Smart Sales & Investments is excited to present you to a highly sought-after and a beautifully maintained property in the heart of Edinburgh. Enjoy its spacious lounge, a well-equipped kitchen, and relaxing in not one, but two comfortable double bedrooms. This home is designed to offer you comfort and convenience. Residents will appreciate the well-kept communal entrance and enjoy the luxury of private parking along with a private storage room—perfect for all your extras. **Investment Highlights:

****•High Capital Appreciation area: **Located in an area with high capital appreciation
•High Rental Demand: This property is located in a sought-after area of Edinburgh, attracting an array of buyers.

This is not just a property; it’s an opportunity for you to invest in a place that combines comfort, convenience, and high returns. If you’re an investor looking for robust returns this property is perfect for you.

Don’t miss out on securing this lucrative opportunity! Smart Sales & Investments are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties. EPC rating: C.

Agent Details

Smart Sales & Investments, Glasgow

0141 673 0463

Next Steps?

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