2 Bed Flat, Single Let, EH14 2AD, £160,000

143/1 Morvenside, Westburn, Edinburgh, EH14 2AD - 2 months ago

Sold STC
BTL
ROI: 9%
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£85K - £300K

 

 

Square Metres

~68.11 m²

Value Estimate

£155,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,900

Total Cash In

£49,900

 

 

Cash Out

 

Rent Range

£1,000 - £1,500

Rent Estimate

£1,097

Running Costs/mo

£739

Cashflow/mo

£358

Cashflow/yr

£4,291

ROI

9%

Gross Yield

8%

Local Sold Prices

25 sold prices from £85K to £300K, average is £148K.

PriceDateDistanceAddressBeds 
£110.1K02/210.23 mi85/4, Calder Gardens, Edinburgh, Mid EH11 4LH2
£150K10/210.25 mi62, Sighthill Drive, Edinburgh, Midlothian EH11 4QF2
£120K11/210.27 mi15/6, Calder Drive, Edinburgh, Midlothian EH11 4LT2
£130.5K03/210.34 mi15, Flat 5, Harvesters Place, Westerhailes, Edinburgh, Midlothian EH14 3JL2
£114K11/210.35 mi1/2, Calder Grove, Edinburgh, Midlothian EH11 4NB2
£120K03/210.37 mi8/16, Calder Grove, Edinburgh, Midlothian EH11 4ND2
£177.5K06/210.4 mi32, Sighthill Gardens, Edinburgh, Midlothian EH11 4PJ2
£85K04/210.42 mi15/5, Murrayburn Grove, Edinburgh, Midlothian EH14 2PG2
£112.5K05/210.47 mi1/8, Murrayburn Grove, Edinburgh, Midlothian EH14 2PE2
£140K07/210.5 mi7, Sighthill Drive, Edinburgh, Midlothian EH11 4QW2
£100K06/210.59 mi1/7, Dumbryden Grove, Edinburgh, Midlothian EH14 2QP2
£168K09/210.68 mi36, Parkhead Crescent, Edinburgh, Midlothian EH11 4RY2
£148K05/210.7 mi49/6, Clovenstone Gardens, Edinburgh, Midlothian EH14 3HY2
£300K07/210.74 mi7a, Woodhall Terrace, Juniper Green, Midlothian EH14 5BR2
£155K10/210.77 mi95, Parkhead Avenue, Edinburgh, Midlothian EH11 4SD2
£245.6K04/210.82 mi18, Belmont Road, Juniper Green, Midlothian EH14 5DY2
£204K11/210.86 mi530/5, Lanark Road, Juniper Green, Midlothian EH14 5DJ2
£143.1K02/210.89 mi1/12, Kingsknowe Place, Edinburgh, Mid EH14 2EG2
£150.3K09/210.91 mi2/14, Kingsknowe Court, Edinburgh, Midlothian EH14 2JS2
£141.3K11/210.91 mi1/5, Kingsknowe Court, Edinburgh, Midlothian EH14 2JS2
£175K12/210.93 mi541/1, Lanark Road, Juniper Green, Midlothian EH14 5DE2
£172K07/210.93 mi15/3, Fairbrae, Edinburgh, Midlothian EH11 3GY2
£170K10/210.93 mi11/5, Fairbrae, Edinburgh, Midlothian EH11 3GY2
£136.5K07/210.95 mi7/5, Kingsknowe Place, Edinburgh, Midlothian EH14 2EQ2
£155K05/210.99 mi161, Longstone Road, Edinburgh, Midlothian EH14 2AQ2

Local Rents

12 rents from £1K/mo to £1.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30006/240.3 mi-2
£1,20011/240.32 mi-2
£1,24902/240.37 mi-2
£1,10002/240.38 mi-2
£1,38008/240.39 mi-2
£1,22512/240.42 mi-2
£1,09501/240.43 mi-2
£1,29512/240.43 mi-2
£1,00012/240.45 mi-2
£1,25004/250.5 mi-2
£1,35009/230.51 mi-2
£1,50003/230.52 mi-2

Local Area Statistics

 

 

Rental demand

Balanced market

Rental growth (12m)

+5%

Sales demand

Seller's market

Capital growth (5yrs)

+37%

Property History

Listed for £160,000

March 2, 2025

Floor Plans

Description

  • Bright bay window lounge +
  • Contemporay kitchen +
  • Two double bedrooms +
  • Stylish bathroom +
  • Gas central heating and double glazing +
  • Close to amenities +

Set in a quiet, modern development moments from the train station, cinema and union canal is this spacious ground floor apartment. Boasting an allocated parking space, manicured communal grounds, gas central heating and double glazing this property would make an ideal buy in a tranquil, yet well-connected location.

The accommodation comprises a welcoming entrance hallway with deep storage cupboard, a bright bay windowed lounge with generous dining space, a contemporary kitchen with attractive units, two wellproportioned double bedrooms (one with built-in mirrored wardrobe) and the flat is completed by a stylish bathroom with shower over bath. The property also benefits from fibre optic internet connection.

Features include: Modern ground floor apartment • Manicured communal grounds and allocated parking • Close to train station and excellent amenities • Welcoming hallway with storage • Bright bay windowed lounge • Contemporary kitchen • Two double bedrooms • Stylish bathroom • Gas central heating and double glazing.

Factor Fee £874 for past year.

Agent Details

Warners Solicitors, Edinburgh

0131 381 3190

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪