2 Bed Flat, Single Let, EH14 3JJ, £135,000

Harvesters Way, Wester Hailes, Edinburgh, EH14 3JJ - 2 months ago

BTL
ROI: 13%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£85K - £371K

 

 

Square Metres

~68.11 m²

Value Estimate

£128,688

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£7,950

Total Cash In

£41,700

 

 

Cash Out

 

Rent Range

£1,000 - £1,500

Rent Estimate

£1,121

Running Costs/mo

£666

Cashflow/mo

£455

Cashflow/yr

£5,459

ROI

13%

Gross Yield

10%

Local Sold Prices

31 sold prices from £85K to £371K, average is £150K.

PriceDateDistanceAddressBeds 
£130.5K03/210.07 mi15, Flat 5, Harvesters Place, Westerhailes, Edinburgh, Midlothian EH14 3JL2
£148K05/210.35 mi49/6, Clovenstone Gardens, Edinburgh, Midlothian EH14 3HY2
£150K10/210.42 mi62, Sighthill Drive, Edinburgh, Midlothian EH11 4QF2
£85K04/210.42 mi15/5, Murrayburn Grove, Edinburgh, Midlothian EH14 2PG2
£112.5K05/210.44 mi1/8, Murrayburn Grove, Edinburgh, Midlothian EH14 2PE2
£100K06/210.45 mi1/7, Dumbryden Grove, Edinburgh, Midlothian EH14 2QP2
£177.5K06/210.53 mi32, Sighthill Gardens, Edinburgh, Midlothian EH11 4PJ2
£300K07/210.54 mi7a, Woodhall Terrace, Juniper Green, Midlothian EH14 5BR2
£140K07/210.55 mi7, Sighthill Drive, Edinburgh, Midlothian EH11 4QW2
£110.1K02/210.57 mi85/4, Calder Gardens, Edinburgh, Mid EH11 4LH2
£120K11/210.64 mi15/6, Calder Drive, Edinburgh, Midlothian EH11 4LT2
£168K09/210.66 mi36, Parkhead Crescent, Edinburgh, Midlothian EH11 4RY2
£204K11/210.67 mi530/5, Lanark Road, Juniper Green, Midlothian EH14 5DJ2
£245.6K04/210.69 mi18, Belmont Road, Juniper Green, Midlothian EH14 5DY2
£150.3K09/210.7 mi2/14, Kingsknowe Court, Edinburgh, Midlothian EH14 2JS2
£141.3K11/210.71 mi1/5, Kingsknowe Court, Edinburgh, Midlothian EH14 2JS2
£114K11/210.71 mi1/2, Calder Grove, Edinburgh, Midlothian EH11 4NB2
£143.1K02/210.71 mi1/12, Kingsknowe Place, Edinburgh, Mid EH14 2EG2
£120K03/210.73 mi8/16, Calder Grove, Edinburgh, Midlothian EH11 4ND2
£175K12/210.76 mi541/1, Lanark Road, Juniper Green, Midlothian EH14 5DE2
£155K10/210.78 mi95, Parkhead Avenue, Edinburgh, Midlothian EH11 4SD2
£136.5K07/210.78 mi7/5, Kingsknowe Place, Edinburgh, Midlothian EH14 2EQ2
£297K05/210.85 mi6/12, West Mill Road, Edinburgh, Midlothian EH13 0NX2
£320K12/210.85 mi6/8, West Mill Road, Edinburgh, Midlothian EH13 0NX2
£142.1K12/210.9 mi80/7, Longstone Street, Edinburgh, Midlothian EH14 2BZ2
£371K06/210.92 mi21, Spylaw Street, Edinburgh, Midlothian EH13 0JX2
£172K07/210.95 mi15/3, Fairbrae, Edinburgh, Midlothian EH11 3GY2
£170K10/210.95 mi11/5, Fairbrae, Edinburgh, Midlothian EH11 3GY2
£155K05/210.96 mi161, Longstone Road, Edinburgh, Midlothian EH14 2AQ2
£150K09/210.99 mi103, Longstone Road, Edinburgh, Midlothian EH14 2AP2
£220K03/211 mi28/1, Bridge Road, Edinburgh, Midlothian EH13 0LQ2

Local Rents

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

RentDateDistanceAddressBeds 
£1,30006/240.07 mi-2
£1,20011/240.1 mi-2
£1,29512/240.35 mi-2
£1,00003/240.35 miClovenstone Gardens, Wester Hailes, Edinburgh, EH142
£1,50003/230.37 mi-2
£1,38008/240.39 mi-2
£1,35009/230.39 mi-2
£1,27003/240.48 miLanark Road, Juniper Green, Midlothian, EH142
£1,22512/240.5 mi-2
£1,09501/240.55 mi-2
£1,25004/250.6 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 £135,000

March 5, 2025

Floor Plans

Description

  • Double Glazing +
  • Great transport links +
  • Communal garden +
  • Residents parking +
  • Neutral decor +

Spacious two bedroom, first floor apartment situated within a modern and established development in the popular Wester Hailes area.

This apartment offers an excellent opportunity for first time buyers or investors to purchase a well-maintained property with excellent transport links and ample off street parking. There is also a spacious communal garden for residents to enjoy.

The accommodation sits on the first floor and comprises a dual aspect open plan kitchen/living/dining room with Juliet balcony, which has space for seating and dining furniture, the modern kitchen benefit from a range of both base and wall storage units with white tiled splashback. Both bedrooms are doubles with built-in wardrobe storage and the contemporary bathroom fitted with a white suite, shower over bath. At the centre of the development lies a beautifully landscaped shared garden, which is fully enclosed and secure for young children. It comprises areas of lawn, trees, drying areas, children's play equipment and bike racks. Plenty of residents' parking space are located to the front of the building.

Early viewing is recommended

Wester Hailes is an established western residential suburb of Edinburgh, offering plenty of local amenities and a selection of supermarkets within a short radius, including a Lidl at Westside Plaza, an ASDA at Chesser, and a large Sainsbury's at nearby Longstone. The Gyle Centre and Hermiston Gait retail parks are both within easy reach and also offer large supermarkets and numerous popular high street names, whilst Westside Plaza also provides a multi-screen cinema. There is easy commuting into the city by bus, with the city bypass and major trunk routes also readily accessible. There are numerous public spaces including walks along the Union Canal, plus local schools from primary through to secondary level within easy reach, as well as Edinburgh College and the Sighthill campus of Edinburgh Napier University

Agent Details

Murray & Currie, Edinburgh

0131 381 4355

Next Steps?

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