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2 Bed Flat, Single Let, EH14 1TX £225,000

ValuationOvervalued
| Sold Prices | £123K - £320K |
| Sold Prices/m² | £1.9K/m² - £3.9K/m² |
| |
Square Metres | ~64 m² |
| Price/m² | £3.5K/m² |
Value Estimate | £220,000£220,000 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £56,250£56,250 |
Stamp Duty & Legal Fees | £12,450£12,450 |
Total Cash In | £68,700£68,700 |
| |
Cash Out | |
Rent Range | £795 - £1,700£795 - £1,700 |
Rent Estimate | £1,144 |
Running Costs/mo | £952£952 |
Cashflow/mo | £192£192 |
Cashflow/yr | £2,305£2,305 |
ROI | 3%3% |
Gross Yield | 6%6% |
Local Sold Prices
50 sold prices from £123K to £320K, average is £193K. £1.9K/m² to £3.9K/m², average is £3.2K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | ||
| £205K | 08/21 | 0 mi | 10, Flat 5, New Mart Place, Edinburgh, Midlothian EH14 1TX | - | - | 2 | Flat | ||
| £239.2K | 05/25 | 0.02 mi | Flat 2, 20, New Mart Place, Slateford, Edinburgh EH14 1TX | £3,368 | 71 | 2 | Flat | ||
| £229.1K | 06/25 | 0.03 mi | Flat 3, 28, New Mart Place, Slateford, Edinburgh EH14 1TX | £3,182 | 72 | 2 | Flat | ||
| £230K | 02/25 | 0.04 mi | 30, Flat 7, New Mart Place, Slateford, Edinburgh EH14 1TX | £3,286 | 70 | 2 | Flat | ||
| £250K | 06/25 | 0.07 mi | Flat 4, 1, New Mart Place, Slateford, Edinburgh EH14 1RW | £3,571 | 70 | 2 | Flat | ||
| £218K | 04/23 | 0.07 mi | 1, Flat 6, New Mart Place, Slateford, Edinburgh EH14 1RW | £3,206 | 68 | 2 | Flat | ||
| £230K | 08/25 | 0.08 mi | Flat 9, 41, Laichpark Road, Slateford, Edinburgh EH14 1UP | - | - | 2 | Flat | ||
| £262.6K | 05/25 | 0.09 mi | Flat 3, 86, Chesser Crescent, Slateford, Edinburgh EH14 1SE | £3,164 | 83 | 2 | Flat | ||
| £230K | 09/21 | 0.1 mi | 94, Flat 5, Chesser Crescent, Edinburgh, Midlothian EH14 1SE | - | - | 2 | Flat | ||
| £265.5K | 06/25 | 0.14 mi | 30, Chesser Avenue, Slateford, Edinburgh EH14 1ST | £3,540 | 75 | 2 | Flat | ||
| £267K | 05/23 | 0.18 mi | 26, Chesser Grove, Slateford, Edinburgh EH14 1SZ | £3,658 | 73 | 2 | Flat | ||
| £270.5K | 08/21 | 0.18 mi | 19, Chesser Avenue, Edinburgh, Midlothian EH14 1SS | - | - | 2 | Flat | ||
| £235K | 05/21 | 0.18 mi | 5, Chesser Grove, Edinburgh, Midlothian EH14 1SZ | - | - | 2 | Flat | ||
| £320K | 10/21 | 0.18 mi | 13, Chesser Grove, Edinburgh, Midlothian EH14 1SZ | - | - | 2 | Flat | ||
| £277.5K | 05/23 | 0.19 mi | 17, Chesser Grove, Slateford, Edinburgh EH14 1SZ | £3,343 | 83 | 2 | Flat | ||
| £185K | 03/24 | 0.26 mi | 38, Flat 4, Hutchison Avenue, Slateford, Edinburgh EH14 1QP | £2,681 | 69 | 2 | Flat | ||
| £152.5K | 05/23 | 0.27 mi | 475, Flat 1, Gorgie Road, Gorgie, Edinburgh EH11 3AD | £2,346 | 65 | 2 | Flat | ||
| £260K | 05/23 | 0.28 mi | 29, Allan Park Gardens, Slateford, Edinburgh EH14 1LN | £3,939 | 66 | 2 | Flat | ||
| £198K | 09/21 | 0.29 mi | 572/3, Gorgie Road, Edinburgh EH11 3AL | - | - | 2 | Flat | ||
| £185K | 08/25 | 0.29 mi | 1f2, 20, Hutchison Road, Slateford, Edinburgh EH14 1RD | - | - | 2 | Flat | ||
| £214.8K | 08/25 | 0.29 mi | Flat 1, 578, Gorgie Road, Gorgie, Edinburgh EH11 3AL | - | - | 2 | Flat | ||
| £200K | 08/21 | 0.32 mi | 41, Allan Park Drive, Edinburgh, Midlothian EH14 1LW | - | - | 2 | Flat | ||
| £235K | 05/25 | 0.34 mi | 8, Hutchison Cottages, Slateford, Edinburgh EH14 1PX | £3,264 | 72 | 2 | Flat | ||
| £167K | 11/21 | 0.36 mi | 8/1, Stenhouse Road, Edinburgh, Midlothian EH11 3LQ | - | - | 2 | Flat | ||
| £123K | 05/23 | 0.38 mi | 72, Flat 15, Redhall Crescent, Kingsknowe, Edinburgh EH14 2HD | £2,050 | 60 | 2 | Flat | ||
| £185K | 06/21 | 0.38 mi | 1/5, Inglis Green Rigg, Edinburgh, Midlothian EH14 2LF | - | - | 2 | Flat | ||
| £188K | 12/21 | 0.38 mi | 2/7, Inglis Green Rigg, Edinburgh, Midlothian EH14 2LF | - | - | 2 | Flat | ||
| £177K | 09/21 | 0.39 mi | 143/3, Hutchison Road, Edinburgh, Midlothian EH14 1PG | - | - | 2 | Flat | ||
| £156K | 11/21 | 0.39 mi | 131/6, Hutchison Road, Edinburgh, Midlothian EH14 1PG | - | - | 2 | Flat | ||
| £161.5K | 08/25 | 0.39 mi | Flat 9, 30, Longstone Park, Kingsknowe, Edinburgh EH14 2BL | - | - | 2 | Flat | ||
| £187.5K | 05/25 | 0.4 mi | Flat 1, 131, Hutchison Road, Slateford, Edinburgh EH14 1PG | £3,409 | 55 | 2 | Flat | ||
| £176.3K | 06/21 | 0.41 mi | 18, Stenhouse Terrace, Edinburgh, Midlothian EH11 3JB | - | - | 2 | Flat | ||
| £180K | 02/23 | 0.41 mi | 2, Flat 3, Inglis Green Gait, Kingsknowe, Edinburgh EH14 2LG | £3,673 | 49 | 2 | Flat | ||
| £250K | 02/23 | 0.41 mi | 34a, Moat Terrace, Slateford, Edinburgh EH14 1PS | £3,205 | 78 | 2 | Flat | ||
| £170K | 05/21 | 0.42 mi | 38, Stenhouse Terrace, Edinburgh, Midlothian EH11 3JA | - | - | 2 | Flat | ||
| £165K | 09/21 | 0.42 mi | 16/1, Stenhouse Cottages, Edinburgh, Midlothian EH11 3JQ | - | - | 2 | Flat | ||
| £213K | 07/21 | 0.42 mi | 15, Moat Terrace, Edinburgh, Midlothian EH14 1PS | - | - | 2 | Flat | ||
| £175K | 03/23 | 0.42 mi | 36, Flat 4, Hutchison Road, Slateford, Edinburgh EH14 1PQ | £2,917 | 60 | 2 | Flat | ||
| £173K | 08/25 | 0.42 mi | Flat 5, 36, Hutchison Road, Slateford, Edinburgh EH14 1PQ | - | - | 2 | Flat | ||
| £203.2K | 08/25 | 0.43 mi | Flat 1, 141, Hutchison Road, Slateford, Edinburgh EH14 1PG | - | - | 2 | Flat | ||
| £151.5K | 05/23 | 0.44 mi | 21, Stenhouse Terrace, Stenhouse, Edinburgh EH11 3JA | £2,658 | 57 | 2 | Flat | ||
| £241K | 06/21 | 0.44 mi | 20, Moat Place, Edinburgh, Mid EH14 1PP | - | - | 2 | Flat | ||
| £153.1K | 03/23 | 0.44 mi | 30, Stenhouse Avenue, Stenhouse, Edinburgh EH11 3HZ | £2,945 | 52 | 2 | Flat | ||
| £165K | 09/21 | 0.46 mi | 37, Stenhouse Crescent, Edinburgh, Midlothian EH11 3JN | - | - | 2 | Flat | ||
| £178.6K | 09/21 | 0.46 mi | 44, Stenhouse Place East, Edinburgh, Midlothian EH11 3DL | - | - | 2 | Flat | ||
| £170K | 08/21 | 0.47 mi | 17/5, Saughton Avenue, Edinburgh, Midlothian EH11 2RX | - | - | 2 | Flat | ||
| £130K | 12/24 | 0.47 mi | 17, Flat 6, Saughton Avenue, Gorgie, Edinburgh EH11 2RX | £1,857 | 70 | 2 | Flat | ||
| £277.1K | 05/25 | 0.47 mi | Flat 10, 163, Slateford Road, Slateford, Edinburgh EH14 1PD | £2,691 | 103 | 2 | Flat | ||
| £175K | 08/25 | 0.48 mi | Flat 8, 17, Moat Drive, Slateford, Edinburgh EH14 1NU | - | - | 2 | Flat | ||
| £144K | 12/21 | 0.48 mi | 69/3, Stenhouse Drive, Edinburgh, Midlothian EH11 3JS | - | - | 2 | Flat |
Local Rents
50 rents from £795/mo to £1.7K/mo, average is £1.4K/mo.
Rent | Date | Distance | Address | Beds | Type | ||
| £1,350 | 11/25 | 0 mi | - | 2 | Flat | ||
| £1,350 | 06/25 | 0 mi | New Mart Place, Edinburgh, EH14 | 2 | Flat | ||
| £1,500 | 10/25 | 0 mi | New Mart Place, Chesser, Edinburgh, EH14 | 2 | Flat | ||
| £905 | 10/25 | 0 mi | 4 New Mart Place, Edinburgh | 2 | Flat | ||
| £1,350 | 10/25 | 0.01 mi | - | 2 | Flat | ||
| £1,350 | 10/25 | 0.01 mi | - | 2 | Flat | ||
| £1,290 | 10/25 | 0.07 mi | - | 2 | Flat | ||
| £1,290 | 10/25 | 0.07 mi | New Mart Place, Edinburgh, EH14 | 2 | Flat | ||
| £1,360 | 12/24 | 0.07 mi | - | 2 | Flat | ||
| £1,450 | 11/25 | 0.07 mi | - | 2 | Flat | ||
| £1,450 | 06/25 | 0.07 mi | New Mart Place, Chesser, Edinburgh, EH14 | 2 | Flat | ||
| £1,250 | 09/25 | 0.1 mi | 0135L Chesser Crescent, Edinburgh, EH14 1SE | 2 | Flat | ||
| £1,525 | 07/25 | 0.12 mi | - | 2 | Flat | ||
| £1,500 | 07/25 | 0.12 mi | Chesser Crescent, Edinburgh, EH14 | 2 | Flat | ||
| £1,525 | 08/25 | 0.12 mi | Chesser Crescent, Edinburgh, EH14 | 2 | Flat | ||
| £1,600 | 09/25 | 0.13 mi | Lanark Road, Water of Leith Apartme, Kingsknowe, Edinburgh, EH14 | 2 | Flat | ||
| £1,450 | 07/25 | 0.14 mi | 2505L – New Mart Square, Edinburgh, EH14 1TJ | 2 | Flat | ||
| £1,100 | 03/24 | 0.14 mi | New Mart Square, Chesser, Edinburgh, EH14 | 2 | Flat | ||
| £1,400 | 07/25 | 0.14 mi | New Mart Square, Chesser, Edinburgh, EH14 | 2 | Flat | ||
| £1,400 | 09/25 | 0.14 mi | New Mart Square, Chesser, Edinburgh, EH14 | 2 | Flat | ||
| £1,500 | 07/25 | 0.14 mi | Chesser Crescent, Edinburgh | 2 | Flat | ||
| £1,250 | 07/25 | 0.15 mi | 38, Chesser Avenue, Edinburgh, EH14 1ST | 2 | Flat | ||
| £1,295 | 04/25 | 0.15 mi | - | 2 | Flat | ||
| £950 | 08/25 | 0.15 mi | Chesser Avenue, EH14 | 2 | Flat | ||
| £1,280 | 03/24 | 0.16 mi | Laichpark Road, Edinburgh, EH14 | 2 | Flat | ||
| £1,700 | 12/24 | 0.17 mi | - | 2 | Terraced House | ||
| £1,200 | 09/25 | 0.18 mi | Hutchison Avenue, Edinburgh, Midlothian, EH14 | 2 | Flat | ||
| £795 | 08/25 | 0.18 mi | Hutchison Loan, Slateford, Edinburgh | 2 | Room | ||
| £1,500 | 06/25 | 0.19 mi | New Mart Gardens, Edinburgh, Midlothian | 2 | Flat | ||
| £1,500 | 03/25 | 0.19 mi | - | 2 | Flat | ||
| £1,650 | 06/25 | 0.19 mi | - | 2 | Flat | ||
| £1,250 | 10/25 | 0.19 mi | Hutchison Gardens, Edinburgh, Midlothian | 2 | Flat | ||
| £1,395 | 07/25 | 0.2 mi | New Mart Gardens, Edinburgh, EH14 | 2 | Flat | ||
| £1,200 | 05/25 | 0.22 mi | Hutchison Medway, Chesser, Edinburgh, EH14 | 2 | Flat | ||
| £1,350 | 07/25 | 0.24 mi | Hutchison Place, Edinburgh, Midlothian, EH14 | 2 | Flat | ||
| £1,495 | 09/25 | 0.24 mi | Hutchison Cottages, Slateford, Edinburgh, EH14 | 2 | Flat | ||
| £1,200 | 03/25 | 0.25 mi | - | 2 | Flat | ||
| £1,450 | 06/25 | 0.26 mi | Gorgie Road, Edinburgh, Midlothian, EH11 | 2 | Flat | ||
| £1,450 | 06/25 | 0.26 mi | Gorgie Road, Edinburgh, Midlothian, EH11 | 2 | Flat | ||
| £1,450 | 07/25 | 0.27 mi | Gorgie Road, Edinburgh, Midlothian, EH11 | 2 | Flat | ||
| £1,500 | 07/25 | 0.27 mi | Gorgie Road, Edinburgh, Midlothian | 2 | Flat | ||
| £1,475 | 04/25 | 0.27 mi | Gorgie Road, Edinburgh, EH11 | 2 | Flat | ||
| £1,395 | 06/25 | 0.27 mi | Gorgie Road, Edinburgh, EH11 | 2 | Flat | ||
| £1,425 | 06/25 | 0.27 mi | Gorgie Road, Chesser, Edinburgh, EH11 | 2 | Flat | ||
| £1,450 | 08/25 | 0.27 mi | Gorgie Road, Edinburgh, Midlothian, EH11 | 2 | Flat | ||
| £950 | 08/25 | 0.27 mi | Hutchison Avenue, Chesser, Edinburgh, EH14 | 2 | Flat | ||
| £1,300 | 10/25 | 0.27 mi | Hutchison Road, Slateford, Edinburgh, EH14 | 2 | Flat | ||
| £975 | 08/25 | 0.29 mi | Gorgie Road, Gorgie, Edinburgh, EH11 | 2 | Flat | ||
| £1,350 | 04/25 | 0.29 mi | - | 2 | Flat | ||
| £1,295 | 04/25 | 0.29 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 £225,000
February 22, 2025
Floor Plans
Description
- Two-bedroom, first floor flat +
- Spacious open plan living room/kitchen +
- Master bedroom with en-suite bathroom +
- Second double bedroom +
- Gas central heating and Double glazing +
- Residents car park +
Closing date set Wednesday 12th March at 11am. Warners are pleased to present this beautifully maintained two bedroom first-floor flat, located in the sought-after residential area of Chesser, to the west of Edinburgh’s city centre. This delightful property is in move in condition, having been carefully maintained and tastefully decorated throughout. The spacious open-plan kitchen and living area serves as the heart of the home, offering ample space for dining, relaxation, and meal preparation and is flooded with plenty of natural light. The modern kitchen features a gas hob, oven, extractor fan, integrated washing machine and fridge/freezer. The master bedroom boasts a stylish en-suite bathroom and built-in mirrored wardrobes, while the second well-proportioned double bedroom also benefits from built-in mirrored wardrobes. A contemporary shower room completes the internal accommodation. Factoring fees, managed by Myreside Management, are approximately £100 a month and include upkeep of external areas such as green spaces and hedgerows, car park and bin areas, lighting (outside and within the shared hall spaces), any external building maintenance and cleaning/maintenance of the shared hall spaces. This cost also includes building insurance. There is a £290 float held. Offering immense appeal to a wide range of buyers including first time buyers and holding investment potential, this property is an excellent opportunity. Early viewing is highly recommended.
Key features are:
• Two-bedroom, first floor flat
• Popular residential location
• Spacious open plan living room/kitchen
• Master bedroom with en-suite bathroom
• Second double bedroom
• Shower room
• Entrance hallway
• Walk in storage cupboard
• Gas central heating and Double glazing
• Residents car park
• Easy access to public transport links
Note: Actual photographs of rooms in their true state, with some photographs having computer generated furniture and decorative items to show the size and layout options available with rooms.
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