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





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£232,500 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £60,000£60,000 |
Stamp Duty & Legal Fees | £13,200£13,200 |
Total Cash In | £73,200£73,200 |
| |
Cash Out | |
Rent Range | £720 - £1,700£720 - £1,700 |
Rent Estimate | £1,119 |
Running Costs/mo | £994£994 |
Cashflow/mo | £125£125 |
Cashflow/yr | £1,502£1,502 |
ROI | 2%2% |
Gross Yield | 6%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 | Price/m² | m² | Beds | Type | ||
| £262.6K | 05/25 | 0.03 mi | Flat 3, 86, Chesser Crescent, Slateford, Edinburgh EH14 1SE | £3,164 | 83 | 2 | Flat | ||
| £230K | 09/21 | 0.03 mi | 94, Flat 5, Chesser Crescent, Edinburgh, Midlothian EH14 1SE | - | - | 2 | Flat | ||
| £265.5K | 06/25 | 0.07 mi | 30, Chesser Avenue, Slateford, Edinburgh EH14 1ST | £3,540 | 75 | 2 | Flat | ||
| £270.5K | 08/21 | 0.08 mi | 19, Chesser Avenue, Edinburgh, Midlothian EH14 1SS | - | - | 2 | Flat | ||
| £230K | 02/25 | 0.1 mi | 30, Flat 7, New Mart Place, Slateford, Edinburgh EH14 1TX | £3,286 | 70 | 2 | Flat | ||
| £229.1K | 06/25 | 0.1 mi | Flat 3, 28, New Mart Place, Slateford, Edinburgh EH14 1TX | £3,182 | 72 | 2 | Flat | ||
| £239.2K | 05/25 | 0.11 mi | Flat 2, 20, New Mart Place, Slateford, Edinburgh EH14 1TX | £3,368 | 71 | 2 | Flat | ||
| £277.5K | 05/23 | 0.12 mi | 17, Chesser Grove, Slateford, Edinburgh EH14 1SZ | £3,343 | 83 | 2 | Flat | ||
| £205K | 08/21 | 0.12 mi | 10, Flat 5, New Mart Place, Edinburgh, Midlothian EH14 1TX | - | - | 2 | Flat | ||
| £267K | 05/23 | 0.13 mi | 26, Chesser Grove, Slateford, Edinburgh EH14 1SZ | £3,658 | 73 | 2 | Flat | ||
| £235K | 05/21 | 0.13 mi | 5, Chesser Grove, Edinburgh, Midlothian EH14 1SZ | - | - | 2 | Flat | ||
| £320K | 10/21 | 0.13 mi | 13, Chesser Grove, Edinburgh, Midlothian EH14 1SZ | - | - | 2 | Flat | ||
| £152.5K | 05/23 | 0.16 mi | 475, Flat 1, Gorgie Road, Gorgie, Edinburgh EH11 3AD | £2,346 | 65 | 2 | Flat | ||
| £230K | 08/25 | 0.16 mi | Flat 9, 41, Laichpark Road, Slateford, Edinburgh EH14 1UP | - | - | 2 | Flat | ||
| £250K | 06/25 | 0.17 mi | Flat 4, 1, New Mart Place, Slateford, Edinburgh EH14 1RW | £3,571 | 70 | 2 | Flat | ||
| £218K | 04/23 | 0.17 mi | 1, Flat 6, New Mart Place, Slateford, Edinburgh EH14 1RW | £3,206 | 68 | 2 | Flat | ||
| £198K | 09/21 | 0.2 mi | 572/3, Gorgie Road, Edinburgh EH11 3AL | - | - | 2 | Flat | ||
| £214.8K | 08/25 | 0.21 mi | Flat 1, 578, Gorgie Road, Gorgie, Edinburgh EH11 3AL | - | - | 2 | Flat | ||
| £185K | 03/24 | 0.25 mi | 38, Flat 4, Hutchison Avenue, Slateford, Edinburgh EH14 1QP | £2,681 | 69 | 2 | Flat | ||
| £185K | 08/25 | 0.25 mi | 1f2, 20, Hutchison Road, Slateford, Edinburgh EH14 1RD | - | - | 2 | Flat | ||
| £167K | 11/21 | 0.32 mi | 8/1, Stenhouse Road, Edinburgh, Midlothian EH11 3LQ | - | - | 2 | Flat | ||
| £170K | 05/21 | 0.32 mi | 38, Stenhouse Terrace, Edinburgh, Midlothian EH11 3JA | - | - | 2 | Flat | ||
| £176.3K | 06/21 | 0.32 mi | 18, Stenhouse Terrace, Edinburgh, Midlothian EH11 3JB | - | - | 2 | Flat | ||
| £177K | 09/21 | 0.33 mi | 143/3, Hutchison Road, Edinburgh, Midlothian EH14 1PG | - | - | 2 | Flat | ||
| £156K | 11/21 | 0.33 mi | 131/6, Hutchison Road, Edinburgh, Midlothian EH14 1PG | - | - | 2 | Flat | ||
| £153.1K | 03/23 | 0.34 mi | 30, Stenhouse Avenue, Stenhouse, Edinburgh EH11 3HZ | £2,945 | 52 | 2 | Flat | ||
| £187.5K | 05/25 | 0.34 mi | Flat 1, 131, Hutchison Road, Slateford, Edinburgh EH14 1PG | £3,409 | 55 | 2 | Flat | ||
| £235K | 05/25 | 0.34 mi | 8, Hutchison Cottages, Slateford, Edinburgh EH14 1PX | £3,264 | 72 | 2 | Flat | ||
| £151.5K | 05/23 | 0.34 mi | 21, Stenhouse Terrace, Stenhouse, Edinburgh EH11 3JA | £2,658 | 57 | 2 | Flat | ||
| £170K | 08/21 | 0.36 mi | 17/5, Saughton Avenue, Edinburgh, Midlothian EH11 2RX | - | - | 2 | Flat | ||
| £130K | 12/24 | 0.37 mi | 17, Flat 6, Saughton Avenue, Gorgie, Edinburgh EH11 2RX | £1,857 | 70 | 2 | Flat | ||
| £175K | 03/23 | 0.37 mi | 36, Flat 4, Hutchison Road, Slateford, Edinburgh EH14 1PQ | £2,917 | 60 | 2 | Flat | ||
| £173K | 08/25 | 0.37 mi | Flat 5, 36, Hutchison Road, Slateford, Edinburgh EH14 1PQ | - | - | 2 | Flat | ||
| £203.2K | 08/25 | 0.37 mi | Flat 1, 141, Hutchison Road, Slateford, Edinburgh EH14 1PG | - | - | 2 | Flat | ||
| £178.6K | 09/21 | 0.37 mi | 44, Stenhouse Place East, Edinburgh, Midlothian EH11 3DL | - | - | 2 | Flat | ||
| £250K | 02/23 | 0.37 mi | 34a, Moat Terrace, Slateford, Edinburgh EH14 1PS | £3,205 | 78 | 2 | Flat | ||
| £165K | 09/21 | 0.37 mi | 16/1, Stenhouse Cottages, Edinburgh, Midlothian EH11 3JQ | - | - | 2 | Flat | ||
| £213K | 07/21 | 0.38 mi | 15, Moat Terrace, Edinburgh, Midlothian EH14 1PS | - | - | 2 | Flat | ||
| £195K | 05/23 | 0.38 mi | 52, Stenhouse Avenue, Stenhouse, Edinburgh EH11 3HZ | £2,910 | 67 | 2 | Flat | ||
| £260K | 05/23 | 0.39 mi | 29, Allan Park Gardens, Slateford, Edinburgh EH14 1LN | £3,939 | 66 | 2 | Flat | ||
| £242.2K | 04/23 | 0.39 mi | 10, Stevenson Terrace, Gorgie, Edinburgh EH11 2SB | £3,364 | 72 | 2 | Flat | ||
| £197K | 11/21 | 0.4 mi | 88, Stevenson Road, Edinburgh, Midlothian EH11 2SJ | - | - | 2 | Flat | ||
| £165K | 09/21 | 0.41 mi | 37, Stenhouse Crescent, Edinburgh, Midlothian EH11 3JN | - | - | 2 | Flat | ||
| £144K | 12/21 | 0.41 mi | 69/3, Stenhouse Drive, Edinburgh, Midlothian EH11 3JS | - | - | 2 | Flat | ||
| £241K | 06/21 | 0.42 mi | 20, Moat Place, Edinburgh, Mid EH14 1PP | - | - | 2 | Flat | ||
| £175K | 08/25 | 0.42 mi | Flat 8, 17, Moat Drive, Slateford, Edinburgh EH14 1NU | - | - | 2 | Flat | ||
| £200K | 08/21 | 0.43 mi | 41, Allan Park Drive, Edinburgh, Midlothian EH14 1LW | - | - | 2 | Flat | ||
| £277.1K | 05/25 | 0.45 mi | Flat 10, 163, Slateford Road, Slateford, Edinburgh EH14 1PD | £2,691 | 103 | 2 | Flat | ||
| £161.5K | 08/25 | 0.46 mi | Flat 9, 30, Longstone Park, Kingsknowe, Edinburgh EH14 2BL | - | - | 2 | Flat | ||
| £179K | 06/21 | 0.46 mi | 4/4, Moat Drive, Edinburgh, Midlothian EH14 1NR | - | - | 2 | Flat |
Local Rents
50 rents from £720/mo to £1.7K/mo, average is £1.4K/mo.
Rent | Date | Distance | Address | Beds | Type | ||
| £1,250 | 09/25 | 0.02 mi | 0135L Chesser Crescent, Edinburgh, EH14 1SE | 2 | Flat | ||
| £1,525 | 07/25 | 0.03 mi | - | 2 | Flat | ||
| £1,500 | 07/25 | 0.03 mi | Chesser Crescent, Edinburgh, EH14 | 2 | Flat | ||
| £1,525 | 08/25 | 0.03 mi | Chesser Crescent, Edinburgh, EH14 | 2 | Flat | ||
| £1,500 | 07/25 | 0.04 mi | Chesser Crescent, Edinburgh | 2 | Flat | ||
| £950 | 08/25 | 0.08 mi | Chesser Avenue, EH14 | 2 | Flat | ||
| £1,250 | 07/25 | 0.08 mi | 38, Chesser Avenue, Edinburgh, EH14 1ST | 2 | Flat | ||
| £1,600 | 09/25 | 0.09 mi | Lanark Road, Water of Leith Apartme, Kingsknowe, Edinburgh, EH14 | 2 | Flat | ||
| £1,350 | 10/25 | 0.11 mi | - | 2 | Flat | ||
| £1,350 | 10/25 | 0.11 mi | - | 2 | Flat | ||
| £1,350 | 11/25 | 0.12 mi | - | 2 | Flat | ||
| £1,350 | 06/25 | 0.12 mi | New Mart Place, Edinburgh, EH14 | 2 | Flat | ||
| £1,500 | 10/25 | 0.12 mi | New Mart Place, Chesser, Edinburgh, EH14 | 2 | Flat | ||
| £905 | 10/25 | 0.12 mi | 4 New Mart Place, Edinburgh | 2 | Flat | ||
| £1,700 | 12/24 | 0.12 mi | - | 2 | Terraced House | ||
| £1,360 | 12/24 | 0.13 mi | - | 2 | Flat | ||
| £1,450 | 11/25 | 0.13 mi | - | 2 | Flat | ||
| £1,450 | 06/25 | 0.15 mi | Gorgie Road, Edinburgh, Midlothian, EH11 | 2 | Flat | ||
| £1,450 | 07/25 | 0.15 mi | Gorgie Road, Edinburgh, Midlothian, EH11 | 2 | Flat | ||
| £1,500 | 07/25 | 0.15 mi | Gorgie Road, Edinburgh, Midlothian | 2 | Flat | ||
| £1,450 | 06/25 | 0.16 mi | Gorgie Road, Edinburgh, Midlothian, EH11 | 2 | Flat | ||
| £1,475 | 04/25 | 0.16 mi | Gorgie Road, Edinburgh, EH11 | 2 | Flat | ||
| £1,395 | 06/25 | 0.16 mi | Gorgie Road, Edinburgh, EH11 | 2 | Flat | ||
| £1,425 | 06/25 | 0.16 mi | Gorgie Road, Chesser, Edinburgh, EH11 | 2 | Flat | ||
| £1,450 | 08/25 | 0.16 mi | Gorgie Road, Edinburgh, Midlothian, EH11 | 2 | Flat | ||
| £1,290 | 10/25 | 0.16 mi | - | 2 | Flat | ||
| £1,290 | 10/25 | 0.16 mi | New Mart Place, Edinburgh, EH14 | 2 | Flat | ||
| £1,450 | 06/25 | 0.17 mi | New Mart Place, Chesser, Edinburgh, EH14 | 2 | Flat | ||
| £720 | 08/25 | 0.17 mi | Elfin Square, Edinburgh, EH11 | 2 | Flat | ||
| £995 | 08/25 | 0.17 mi | Embankment West, 5 Elfin Square, , | 2 | Flat | ||
| £1,395 | 11/25 | 0.18 mi | - Embankment West - Elfin Square, Edinburgh, EH11 | 2 | Flat | ||
| £1,375 | 06/25 | 0.18 mi | Gorgie Road, Edinburgh, EH11 | 2 | Flat | ||
| £1,375 | 06/25 | 0.18 mi | Gorgie Road, Edinburgh, EH11 | 2 | Flat | ||
| £1,375 | 06/25 | 0.18 mi | Gorgie Road, Edinburgh, EH11 | 2 | Flat | ||
| £1,395 | 06/25 | 0.18 mi | Gorgie Road, Gorgie, Edinburgh, EH11 | 2 | Flat | ||
| £1,490 | 02/25 | 0.18 mi | - | 2 | Flat | ||
| £1,500 | 10/25 | 0.18 mi | - | 2 | Flat | ||
| £1,485 | 03/24 | 0.18 mi | Elfin Square, Edinburgh, EH11 | 2 | Flat | ||
| £1,325 | 03/24 | 0.18 mi | Elfin Square, Edinburgh, EH11 | 2 | Flat | ||
| £1,325 | 03/24 | 0.18 mi | Embankment West, 5 Elfin Square, Edinburgh, EH11 | 2 | Flat | ||
| £1,485 | 03/24 | 0.18 mi | Elfin Square, Edinburgh, EH11 | 2 | Flat | ||
| £1,325 | 12/24 | 0.18 mi | Embankment West, 5 Elfin Square, Edinburgh, EH11 | 2 | Flat | ||
| £1,495 | 05/25 | 0.18 mi | - Embankment West - Elfin Square, Edinburgh, EH11 | 2 | Flat | ||
| £1,450 | 06/25 | 0.18 mi | - Embankment West - Elfin Square, Edinburgh, EH11 | 2 | Flat | ||
| £1,460 | 06/25 | 0.18 mi | - Embankment West - Elfin Square, Edinburgh, EH11 | 2 | Flat | ||
| £1,450 | 07/25 | 0.18 mi | - Embankment West - Elfin Square, Edinburgh, EH11 | 2 | Flat | ||
| £1,460 | 07/25 | 0.18 mi | - Embankment West - Elfin Square, Edinburgh, EH11 | 2 | Flat | ||
| £1,395 | 11/25 | 0.18 mi | - Embankment West - Elfin Square, Edinburgh, EH11 | 2 | Flat | ||
| £1,350 | 04/25 | 0.2 mi | - | 2 | Flat | ||
| £1,295 | 04/25 | 0.2 mi | - | 2 | Flat |
Local Area Statistics
| |
Rental demand | Balanced marketBalanced market |
Rental growth (12m) | +4%+4% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +16%+16% |
Property History
Listed for £240,000
February 21, 2025
Floor Plans
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.
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