3 Bed Terraced House, Single Let, EH14 2AD, £225,000

133 Morvenside, Edinburgh, EH14 2AD - 2 views - 2 months ago

Under Offer
BTL
ROI: 11%
~93 m²
+19 photos

ValuationFair Value

Sold Prices£210K - £991K

 

 

Square Metres

~93 m²

Value Estimate

£225,042

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£7,950

Total Cash In

£64,200

 

 

Cash Out

 

Rent Range

£1,200 - £1,950

Rent Estimate

£1,648

Running Costs/mo

£1,053

Cashflow/mo

£595

Cashflow/yr

£7,143

ROI

11%

Gross Yield

9%

Local Sold Prices

43 sold prices from £210K to £991K, average is £361K.

PriceDateDistanceAddressBeds 
£210K11/210.17 mi106, Sighthill Drive, Edinburgh, Midlothian EH11 4QA3
£305K09/210.51 mi198, Baberton Mains Drive, Edinburgh, Midlothian EH14 3EA3
£245K03/210.84 mi11, West Fairbrae Drive, Edinburgh, Midlothian EH11 3SY3
£360K05/210.94 mi201, Kingsknowe Road North, Edinburgh, Midlothian EH14 2ED3
£646.3K10/210.95 mi23, Hailes Gardens, Colinton, Edinburgh, Midlothian EH13 0JL3
£290K02/210.95 mi36, Fairbrae, Edinburgh, Mid EH11 3GZ3
£418.2K11/210.99 mi104, Nether Currie Crescent, Currie, Midlothian EH14 5JQ3
£340K10/211.03 mi77, Nether Currie Crescent, Currie, Midlothian EH14 5JH3
£280K03/211.06 mi12, Longstone Gardens, Edinburgh, Midlothian EH14 2AW3
£310K02/211.12 mi12, Nether Currie Road, Currie, Mid EH14 5JA3
£357.5K12/211.13 mi4, Woodfield Avenue, Edinburgh, Midlothian EH13 0HX3
£991K10/211.22 mi9, Spylaw Bank Road, Edinburgh, Midlothian EH13 0JW3
£225K09/211.25 mi8, Broomside Terrace, Edinburgh, Midlothian EH12 7LZ3
£240.1K05/211.39 mi61, Redhall Crescent, Edinburgh, Midlothian EH14 2HD3
£368.1K11/211.41 mi31, Bryce Crescent, Currie, Midlothian EH14 5LL3
£240K04/211.43 mi75, Weavers Knowe Crescent, Currie, Midlothian EH14 5PP3
£338K12/211.49 mi25, Riccarton Mains Road, Currie, Midlothian EH14 5NQ3
£327.5K08/211.5 mi44, Tylers Acre Gardens, Edinburgh, Midlothian EH12 7JH3
£421.6K07/211.51 mi19, Bonaly Steading, Edinburgh, Midlothian EH13 0HA3
£361K09/211.52 mi95, Gogarloch Haugh, Edinburgh, Mid EH12 9JG3
£382.5K11/211.55 mi20, Riccarton Avenue, Currie, Midlothian EH14 5PQ3
£300K02/211.56 mi65, Gogarloch Syke, Edinburgh, Midlothian EH12 9JD3
£305K03/211.57 mi65, Curriehill Road, Currie, Mid EH14 5PT3
£413.6K02/211.58 mi3, Old Farm Place, Edinburgh, Mid EH13 0AZ3
£370.5K04/211.59 mi26, Bonaly Drive, Edinburgh, Mid EH13 0HB3
£415K08/211.6 mi78, Bonaly Road, Edinburgh, Midlothian EH13 0PE3
£625K07/211.6 mi21, Bonaly Avenue, Edinburgh, Midlothian EH13 0ET3
£676.3K08/211.6 mi17, Bonaly Avenue, Edinburgh, Midlothian EH13 0ET3
£310.1K11/211.61 mi85, Laichpark Road, Edinburgh, Midlothian EH14 1XA3
£412.2K08/211.63 mi7a, Bonaly Grove, Edinburgh, Midlothian EH13 0QD3
£240K06/211.67 mi55, Forthview Crescent, Currie, Midlothian EH14 5QS3
£576K06/211.71 mi6, Redford Drive, Edinburgh, Midlothian EH13 0BL3
£465.8K04/211.72 mi16, Craiglockhart Bank, Edinburgh, Midlothian EH14 1JH3
£390.4K11/211.73 mi20, Bonaly Rise, Edinburgh, Mid EH13 0QX3
£307.5K07/211.75 mi5, Currievale Drive, Currie, Midlothian EH14 5RN3
£370.1K03/211.75 mi27, Currievale Drive, Currie, Midlothian EH14 5RN3
£525K11/211.78 mi49c, Manse Road, Edinburgh, Midlothian EH12 7SW3
£335K03/211.78 mi75, Bonaly Rise, Edinburgh, Mid EH13 0QU3
£377.7K11/211.83 mi29, Allan Park Drive, Edinburgh, Midlothian EH14 1LW3
£430K12/211.84 mi60, Glasgow Road, Edinburgh, Midlothian EH12 8LN3
£600K08/211.96 mi113, Redford Road, Edinburgh, Midlothian EH13 0AS3
£258.5K07/211.96 mi34, Dolphin Road, Currie, Midlothian EH14 5RY3
£660K06/211.99 mi37, Clermiston Road, Edinburgh, Midlothian EH12 6XD3

Local Rents

15 rents from £1.2K/mo to £1.9K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,20004/240.15 mi-3
£1,40004/250.41 mi-3
£1,79512/230.42 mi-3
£1,79512/240.42 mi-3
£1,79512/240.42 mi-3
£1,95008/230.42 mi-3
£1,89509/230.42 mi-3
£1,69503/250.42 mi-3
£1,60003/240.58 mi132, Parkhead Drive, Edinburgh, EH11 4RX3
£1,80004/230.58 mi-3
£1,80009/240.58 mi-3
£1,69501/250.58 mi-3
£1,79512/240.58 mi-3
£1,69501/250.58 mi-3
£1,69503/250.58 mi-3

Local Area Statistics

 

 

Rental demand

Balanced market

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £225,000

February 28, 2025

Floor Plans

Description

This well-presented modern terraced house is perfect for first-time buyers, professionals, or young families seeking a comfortable and convenient home. Boasting a private garden, residential parking, and a scenic open outlook to the front, the property offers both practicality and charm. Ideally located, it provides excellent access to public transport and major commuting links, ensuring easy connectivity to the surrounding areas.

The welcoming hallway leads to a carpeted staircase and provides convenient storage space. The delightful reception room enjoys an open front aspect, creating a bright and inviting living area. To the rear, the generous dining kitchen offers direct access to the garden and is fitted with an ample range of sleek white gloss wall and base units, complemented by wood-effect worktops and tiled splash areas for a stylish and practical finish. Upstairs, the property boasts three well-proportioned double bedrooms, all benefiting from a front aspect. The primary bedroom features modern décor and mirror-fronted built-in wardrobes, while the second double bedroom includes soft carpeting and additional storage. A third double bedroom provides further flexibility for guests, a home office, or additional family space. The contemporary shower room is designed for easy maintenance, featuring full acrylic wet wall panels, a modern two-piece white suite, and a glass walk-in shower enclosure with a dual-headed thermostatic shower.

Externally, the home benefits from an allocated parking space and a well-maintained rear garden, complete with a decked area, patio, lawn, and a garden shed, offering a perfect outdoor retreat for relaxation or entertaining.

Council Tax Band - B

Agent Details

Neilsons Solicitors and Estate Agents, Edinburgh

0131 381 8583

Next Steps?

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