2 Bed Flat, Single Let, EH14 1SE £240,000

86/3 Chesser Crescent, Edinburgh, EH14 1SE - 5 views - 9 months ago
Under Offer
BTL
ROI: 2%
~68 m²
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+1 photos

ValuationOvervalued

Sold Prices£130K - £320K
Sold Prices/m²£1.9K/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£232,500

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£13,200

Total Cash In

£73,200

 

 

Cash Out

 

Rent Range

£720 - £1,700

Rent Estimate

£1,119

Running Costs/mo

£994

Cashflow/mo

£125

Cashflow/yr

£1,502

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £130K to £320K, average is £199K. £1.9K/m² to £3.9K/m², average is £3.2K/m².

Price
Date
Distance
Address
Beds
 
£262.6K05/250.03 miFlat 3, 86, Chesser Crescent, Slateford, Edinburgh EH14 1SE2
£230K09/210.03 mi94, Flat 5, Chesser Crescent, Edinburgh, Midlothian EH14 1SE2
£265.5K06/250.07 mi30, Chesser Avenue, Slateford, Edinburgh EH14 1ST2
£270.5K08/210.08 mi19, Chesser Avenue, Edinburgh, Midlothian EH14 1SS2
£230K02/250.1 mi30, Flat 7, New Mart Place, Slateford, Edinburgh EH14 1TX2
£229.1K06/250.1 miFlat 3, 28, New Mart Place, Slateford, Edinburgh EH14 1TX2
£239.2K05/250.11 miFlat 2, 20, New Mart Place, Slateford, Edinburgh EH14 1TX2
£277.5K05/230.12 mi17, Chesser Grove, Slateford, Edinburgh EH14 1SZ2
£205K08/210.12 mi10, Flat 5, New Mart Place, Edinburgh, Midlothian EH14 1TX2
£267K05/230.13 mi26, Chesser Grove, Slateford, Edinburgh EH14 1SZ2
£235K05/210.13 mi5, Chesser Grove, Edinburgh, Midlothian EH14 1SZ2
£320K10/210.13 mi13, Chesser Grove, Edinburgh, Midlothian EH14 1SZ2
£152.5K05/230.16 mi475, Flat 1, Gorgie Road, Gorgie, Edinburgh EH11 3AD2
£230K08/250.16 miFlat 9, 41, Laichpark Road, Slateford, Edinburgh EH14 1UP2
£250K06/250.17 miFlat 4, 1, New Mart Place, Slateford, Edinburgh EH14 1RW2
£218K04/230.17 mi1, Flat 6, New Mart Place, Slateford, Edinburgh EH14 1RW2
£198K09/210.2 mi572/3, Gorgie Road, Edinburgh EH11 3AL2
£214.8K08/250.21 miFlat 1, 578, Gorgie Road, Gorgie, Edinburgh EH11 3AL2
£185K03/240.25 mi38, Flat 4, Hutchison Avenue, Slateford, Edinburgh EH14 1QP2
£185K08/250.25 mi1f2, 20, Hutchison Road, Slateford, Edinburgh EH14 1RD2
£167K11/210.32 mi8/1, Stenhouse Road, Edinburgh, Midlothian EH11 3LQ2
£170K05/210.32 mi38, Stenhouse Terrace, Edinburgh, Midlothian EH11 3JA2
£176.3K06/210.32 mi18, Stenhouse Terrace, Edinburgh, Midlothian EH11 3JB2
£177K09/210.33 mi143/3, Hutchison Road, Edinburgh, Midlothian EH14 1PG2
£156K11/210.33 mi131/6, Hutchison Road, Edinburgh, Midlothian EH14 1PG2
£153.1K03/230.34 mi30, Stenhouse Avenue, Stenhouse, Edinburgh EH11 3HZ2
£187.5K05/250.34 miFlat 1, 131, Hutchison Road, Slateford, Edinburgh EH14 1PG2
£235K05/250.34 mi8, Hutchison Cottages, Slateford, Edinburgh EH14 1PX2
£151.5K05/230.34 mi21, Stenhouse Terrace, Stenhouse, Edinburgh EH11 3JA2
£170K08/210.36 mi17/5, Saughton Avenue, Edinburgh, Midlothian EH11 2RX2
£130K12/240.37 mi17, Flat 6, Saughton Avenue, Gorgie, Edinburgh EH11 2RX2
£175K03/230.37 mi36, Flat 4, Hutchison Road, Slateford, Edinburgh EH14 1PQ2
£173K08/250.37 miFlat 5, 36, Hutchison Road, Slateford, Edinburgh EH14 1PQ2
£203.2K08/250.37 miFlat 1, 141, Hutchison Road, Slateford, Edinburgh EH14 1PG2
£178.6K09/210.37 mi44, Stenhouse Place East, Edinburgh, Midlothian EH11 3DL2
£250K02/230.37 mi34a, Moat Terrace, Slateford, Edinburgh EH14 1PS2
£165K09/210.37 mi16/1, Stenhouse Cottages, Edinburgh, Midlothian EH11 3JQ2
£213K07/210.38 mi15, Moat Terrace, Edinburgh, Midlothian EH14 1PS2
£195K05/230.38 mi52, Stenhouse Avenue, Stenhouse, Edinburgh EH11 3HZ2
£260K05/230.39 mi29, Allan Park Gardens, Slateford, Edinburgh EH14 1LN2
£242.2K04/230.39 mi10, Stevenson Terrace, Gorgie, Edinburgh EH11 2SB2
£197K11/210.4 mi88, Stevenson Road, Edinburgh, Midlothian EH11 2SJ2
£165K09/210.41 mi37, Stenhouse Crescent, Edinburgh, Midlothian EH11 3JN2
£144K12/210.41 mi69/3, Stenhouse Drive, Edinburgh, Midlothian EH11 3JS2
£241K06/210.42 mi20, Moat Place, Edinburgh, Mid EH14 1PP2
£175K08/250.42 miFlat 8, 17, Moat Drive, Slateford, Edinburgh EH14 1NU2
£200K08/210.43 mi41, Allan Park Drive, Edinburgh, Midlothian EH14 1LW2
£277.1K05/250.45 miFlat 10, 163, Slateford Road, Slateford, Edinburgh EH14 1PD2
£161.5K08/250.46 miFlat 9, 30, Longstone Park, Kingsknowe, Edinburgh EH14 2BL2
£179K06/210.46 mi4/4, Moat Drive, Edinburgh, Midlothian EH14 1NR2

Local Rents

50 rents from £720/mo to £1.7K/mo, average is £1.4K/mo.

Rent
Date
Distance
Address
Beds
 
£1,25009/250.02 mi0135L Chesser Crescent, Edinburgh, EH14 1SE2
£1,52507/250.03 mi-2
£1,50007/250.03 miChesser Crescent, Edinburgh, EH142
£1,52508/250.03 miChesser Crescent, Edinburgh, EH142
£1,50007/250.04 miChesser Crescent, Edinburgh2
£95008/250.08 miChesser Avenue, EH142
£1,25007/250.08 mi38, Chesser Avenue, Edinburgh, EH14 1ST2
£1,60009/250.09 miLanark Road, Water of Leith Apartme, Kingsknowe, Edinburgh, EH142
£1,35010/250.11 mi-2
£1,35010/250.11 mi-2
£1,35011/250.12 mi-2
£1,35006/250.12 miNew Mart Place, Edinburgh, EH142
£1,50010/250.12 miNew Mart Place, Chesser, Edinburgh, EH142
£90510/250.12 mi4 New Mart Place, Edinburgh2
£1,70012/240.12 mi-2
£1,36012/240.13 mi-2
£1,45011/250.13 mi-2
£1,45006/250.15 miGorgie Road, Edinburgh, Midlothian, EH112
£1,45007/250.15 miGorgie Road, Edinburgh, Midlothian, EH112
£1,50007/250.15 miGorgie Road, Edinburgh, Midlothian2
£1,45006/250.16 miGorgie Road, Edinburgh, Midlothian, EH112
£1,47504/250.16 miGorgie Road, Edinburgh, EH112
£1,39506/250.16 miGorgie Road, Edinburgh, EH112
£1,42506/250.16 miGorgie Road, Chesser, Edinburgh, EH112
£1,45008/250.16 miGorgie Road, Edinburgh, Midlothian, EH112
£1,29010/250.16 mi-2
£1,29010/250.16 miNew Mart Place, Edinburgh, EH142
£1,45006/250.17 miNew Mart Place, Chesser, Edinburgh, EH142
£72008/250.17 miElfin Square, Edinburgh, EH112
£99508/250.17 miEmbankment West, 5 Elfin Square, ,2
£1,39511/250.18 mi- Embankment West - Elfin Square, Edinburgh, EH112
£1,37506/250.18 miGorgie Road, Edinburgh, EH112
£1,37506/250.18 miGorgie Road, Edinburgh, EH112
£1,37506/250.18 miGorgie Road, Edinburgh, EH112
£1,39506/250.18 miGorgie Road, Gorgie, Edinburgh, EH112
£1,49002/250.18 mi-2
£1,50010/250.18 mi-2
£1,48503/240.18 miElfin Square, Edinburgh, EH112
£1,32503/240.18 miElfin Square, Edinburgh, EH112
£1,32503/240.18 miEmbankment West, 5 Elfin Square, Edinburgh, EH112
£1,48503/240.18 miElfin Square, Edinburgh, EH112
£1,32512/240.18 miEmbankment West, 5 Elfin Square, Edinburgh, EH112
£1,49505/250.18 mi- Embankment West - Elfin Square, Edinburgh, EH112
£1,45006/250.18 mi- Embankment West - Elfin Square, Edinburgh, EH112
£1,46006/250.18 mi- Embankment West - Elfin Square, Edinburgh, EH112
£1,45007/250.18 mi- Embankment West - Elfin Square, Edinburgh, EH112
£1,46007/250.18 mi- Embankment West - Elfin Square, Edinburgh, EH112
£1,39511/250.18 mi- Embankment West - Elfin Square, Edinburgh, EH112
£1,35004/250.2 mi-2
£1,29504/250.2 mi-2

Local Area Statistics

 

 

Rental demand

Balanced market

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Listed for £240,000

February 21, 2025

Floor Plans

Property image

Description

  • Beautifully bright first floor flat +
  • Two double bedrooms one with en suite +
  • Factored development with well-kept communal grounds +
  • Residents car park +
  • Supermarkets and coffee shop on the doorstep +
  • Excellent bus links into the city centre +

86/3 Chesser Crescent is a beautifully presented 2-bedroom flat which forms part of a modern, factored development with parking. The property benefits from a secure door entry system and is situated on the first floor.

Boasting a bright, south-easterly aspect, the main living space with open plan living/dining and kitchen offers a wonderful area for both relaxing and entertaining. The kitchen itself is fitted with an island and breakfast bar and there is a perfect box bay window for dining whilst looking onto the communal grounds.

The main bedroom benefits from two built-in wardrobes and an en-suite shower room whilst bedroom 2 is also a good sized double with a single wardrobe. The main bathroom has a full sized bath, overhead shower, wash hand basin and WC as well as a handy storage cupboard. Additional storage is available off the hall.

Heating and hot water are provided by a gas central heating system (operated by a modern Glow Worm boiler) and double glazing is fitted throughout. The factor for the development is Hacking & Paterson and the annual service charges are approximately £1000 which includes buildings insurance.

Outside, there are well-maintained communal grounds, a secure bike store, bin store and ample parking for residents.

Location

Chesser is a popular residential district situated between Gorgie and Slateford to the southwest of the Edinburgh City Centre. There are an excellent range of shopping options in the immediate area with an Asda Supercentre at Newmart Road and Edinburgh West Retail Park off Chesser Avenue offering a Marks and Spencer Food Hall, Aldi and Costa coffee amongst other retailers. Travelling by car, the Western Approach Road leads directly into Edinburgh's West End. A good public transport service operates into Edinburgh and Edinburgh City Bypass, approximately 1 mile away and gives access to other major motorway networks and Edinburgh International Airport. Slateford train station is less than a ten minute walk from the property and Balgreen tram stop, providing a direct link to Edinburgh airport, is under five minutes away by car. For recreation, the open spaces of Corstorphine Hill, Saughton Park, Edinburgh Zoo and several golf courses are within easy reach and the beautiful Water of Leith Walkway is also close by. The property sits within the catchment for Balgreen Primary School and Tynecastle High School.

Extras

All blinds, fitted flooring, light fittings and white goods are included within the sale price.

Agent Details

Coulters, Edinburgh & The Lothians

0131 381 2195

Next Steps?

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