4 Bed Bungalow, Single Let, Haddington, EH41 3RX, £450,000

2 Somnerfield Park, Haddington, East Lothian, EH41 3RX - 3 views - 2 months ago

BTL
~129 m²
+12 photos

ValuationOvervalued

Sold Prices£212.5K - £510.1K

 

 

Square Metres

~129.26 m²

Value Estimate

£418,312

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,500

Stamp Duty & Legal Fees

£24,700

Total Cash In

£137,200

 

 

Cash Out

 

Rent Range

£1,200 - £4,000

Rent Estimate

£1,256

Running Costs/mo

£1,677

Cashflow/mo

£-421

Cashflow/yr

£-5,057

Gross Yield

3%

Local Sold Prices

5 sold prices from £212.5K to £510.1K, average is £326.6K.

PriceDateDistanceAddressBeds 
£510K08/210.09 mi3, Park Lane, Haddington, East Lothian EH41 4EH4
£302K07/210.16 mi51, Burnside, Haddington, East Lothian EH41 4ER4
£326.6K06/210.34 mi2, Haldane Avenue, Haddington, East Lothian EH41 3PG4
£212.5K02/210.6 mi19, Lydgait Gardens, Haddington, Eln EH41 3DB4
£510.1K11/211.13 mi15, Nungate Gardens, Haddington EH41 4EE4

Local Rents

10 rents from £1.2K/mo to £4K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,25005/240.39 miArthurs Way, EH413
£1,35004/240.43 miArthurs Way, Haddington, East Lothian, EH413
£1,45003/240.45 miHays Walk, Haddington, East Lothian, EH413
£1,20002/240.75 mi-3
£1,50001/240.82 mi-3
£1,60007/240.86 mi-4
£1,30001/250.88 mi-3
£4,00005/240.96 miLennoxlove Estate, Haddington, EH415
£1,35004/241.06 mi-3
£1,35004/241.06 miTyne Court, Haddington, EH413

Local Area Statistics

 

 

Rental growth (12m)

+1%

Sales demand

Seller's market

Capital growth (5yrs)

+15%

Property History

Listed for £450,000

February 24, 2025

Floor Plans

Description

  • Well presented & generous bungalow +
  • Flexible & appealing layout +
  • Four double bedrooms, one with en suite +
  • Large mature garden +
  • Driveway and double garage +
  • Excellent local amenities nearby +

Generous and rarely available 4 bedroom bungalow with an appealing and flexible layout.  The property is set on a mature corner plot with the added benefit of driveway parking and a double garage.  Located in a quiet cul de sac with easy access to local amenities and transport links.  The property would suit a couple or the family buyer.  

The rear garden is well planted with a selection of mature shrubs and trees, with an area of lawn and a patio accessed from the sitting room, there is a further garden to the front and side.

The accommodation comprises; welcoming entrance hall; cloakroom with WC; bright sitting room with direct access to the garden; dining room/snug with double doors to the sitting room; kitchen/breakfast room with an excellent selection of fitted units; principal bedroom with fitted storage and en suite shower room; three further double bedrooms (one of which is currently used as a dining room and family bathroom.

The property is double glazed throughout with gas central heating.

THE LOCAL AREA

The Royal Burgh of Haddington is a sought-after and historic market town in picturesque East Lothian, eighteen miles east of Edinburgh City Centre. Situated on the banks of the River Tyne and surrounded by beautiful countryside, there are many outdoor recreational pursuits to enjoy including pleasant walks and cycles. The local Farmers Market is a monthly delight with a variety of local seasonal produce on offer, and the annual Haddington Show is a superb agricultural event showcasing a range of livestock, food and local crafts. The town itself has popular tennis, rugby, and bowling clubs, along with a sports centre with a swimming pool, gym, sports hall, and health suite.

The town's thriving High Street and main thoroughfare provides excellent daily shopping options from bakeries and cafes to convenience stores and a Tesco supermarket. The retail park, which is within walking distance of the property offers an Aldi, Home Bargain store, Costa Coffee amongst others. World renowned golf courses and stunning sandy beaches can be easily accessed making Haddington a popular location for families and golfers alike.

Well-regarded local schooling includes Haddington Primary School and Knox Academy. Private schooling is available at The Compass School in Haddington, Belhaven Hill in Dunbar, and Loretto in Musselburgh, as well as a variety of choices in Edinburgh.

Haddington is a ten-minute drive to Drem train station which has a regular service between Edinburgh and North Berwick. There is easy access to Edinburgh by car, and bus, as well as to the A1 and City Bypass.

EXTRAS

The fitted floorcoverings, blinds, light fittings and integrated appliances throughout are included in the sale price.

Agent Details

Coulters, Edinburgh & The Lothians

0131 381 2195

Next Steps?

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