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

90/8, Chesser Crescent, Edinburgh, EH14 1SE - 2 views - 8 months ago
Under Offer
BTL
ROI: 4%
~59 m²
Property image
Property image
Property image
Property image
Property image
+3 photos

ValuationOvervalued

Sold Prices£123K - £320K
Sold Prices/m²£1.9K/m² - £3.9K/m²

 

 

Square Metres

~59.25 m²
Price/m²£3.8K/m²

Value Estimate

£174,474

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£14,450

Total Cash In

£70,700

 

 

Cash Out

 

Rent Range

£720 - £1,700

Rent Estimate

£1,200

Running Costs/mo

£963

Cashflow/mo

£237

Cashflow/yr

£2,843

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £123K to £320K, average is £197.5K. £1.9K/m² to £3.9K/m², average is £3.2K/m².

Price
Date
Distance
Address
Beds
 
£230K09/210.01 mi94, Flat 5, Chesser Crescent, Edinburgh, Midlothian EH14 1SE2
£262.6K05/250.02 miFlat 3, 86, Chesser Crescent, Slateford, Edinburgh EH14 1SE2
£265.5K06/250.06 mi30, Chesser Avenue, Slateford, Edinburgh EH14 1ST2
£230K02/250.08 mi30, Flat 7, New Mart Place, Slateford, Edinburgh EH14 1TX2
£270.5K08/210.09 mi19, Chesser Avenue, Edinburgh, Midlothian EH14 1SS2
£229.1K06/250.09 miFlat 3, 28, New Mart Place, Slateford, Edinburgh EH14 1TX2
£239.2K05/250.09 miFlat 2, 20, New Mart Place, Slateford, Edinburgh EH14 1TX2
£205K08/210.1 mi10, Flat 5, New Mart Place, Edinburgh, Midlothian EH14 1TX2
£277.5K05/230.11 mi17, Chesser Grove, Slateford, Edinburgh EH14 1SZ2
£267K05/230.12 mi26, Chesser Grove, Slateford, Edinburgh EH14 1SZ2
£235K05/210.12 mi5, Chesser Grove, Edinburgh, Midlothian EH14 1SZ2
£320K10/210.12 mi13, Chesser Grove, Edinburgh, Midlothian EH14 1SZ2
£230K08/250.13 miFlat 9, 41, Laichpark Road, Slateford, Edinburgh EH14 1UP2
£250K06/250.15 miFlat 4, 1, New Mart Place, Slateford, Edinburgh EH14 1RW2
£218K04/230.15 mi1, Flat 6, New Mart Place, Slateford, Edinburgh EH14 1RW2
£152.5K05/230.18 mi475, Flat 1, Gorgie Road, Gorgie, Edinburgh EH11 3AD2
£198K09/210.2 mi572/3, Gorgie Road, Edinburgh EH11 3AL2
£214.8K08/250.21 miFlat 1, 578, Gorgie Road, Gorgie, Edinburgh EH11 3AL2
£185K03/240.26 mi38, Flat 4, Hutchison Avenue, Slateford, Edinburgh EH14 1QP2
£185K08/250.27 mi1f2, 20, Hutchison Road, Slateford, Edinburgh EH14 1RD2
£167K11/210.31 mi8/1, Stenhouse Road, Edinburgh, Midlothian EH11 3LQ2
£170K05/210.32 mi38, Stenhouse Terrace, Edinburgh, Midlothian EH11 3JA2
£176.3K06/210.33 mi18, Stenhouse Terrace, Edinburgh, Midlothian EH11 3JB2
£151.5K05/230.35 mi21, Stenhouse Terrace, Stenhouse, Edinburgh EH11 3JA2
£153.1K03/230.35 mi30, Stenhouse Avenue, Stenhouse, Edinburgh EH11 3HZ2
£235K05/250.35 mi8, Hutchison Cottages, Slateford, Edinburgh EH14 1PX2
£177K09/210.35 mi143/3, Hutchison Road, Edinburgh, Midlothian EH14 1PG2
£156K11/210.35 mi131/6, Hutchison Road, Edinburgh, Midlothian EH14 1PG2
£187.5K05/250.36 miFlat 1, 131, Hutchison Road, Slateford, Edinburgh EH14 1PG2
£165K09/210.36 mi16/1, Stenhouse Cottages, Edinburgh, Midlothian EH11 3JQ2
£178.6K09/210.38 mi44, Stenhouse Place East, Edinburgh, Midlothian EH11 3DL2
£260K05/230.38 mi29, Allan Park Gardens, Slateford, Edinburgh EH14 1LN2
£170K08/210.39 mi17/5, Saughton Avenue, Edinburgh, Midlothian EH11 2RX2
£175K03/230.39 mi36, Flat 4, Hutchison Road, Slateford, Edinburgh EH14 1PQ2
£173K08/250.39 miFlat 5, 36, Hutchison Road, Slateford, Edinburgh EH14 1PQ2
£130K12/240.39 mi17, Flat 6, Saughton Avenue, Gorgie, Edinburgh EH11 2RX2
£203.2K08/250.39 miFlat 1, 141, Hutchison Road, Slateford, Edinburgh EH14 1PG2
£195K05/230.39 mi52, Stenhouse Avenue, Stenhouse, Edinburgh EH11 3HZ2
£250K02/230.39 mi34a, Moat Terrace, Slateford, Edinburgh EH14 1PS2
£213K07/210.4 mi15, Moat Terrace, Edinburgh, Midlothian EH14 1PS2
£165K09/210.4 mi37, Stenhouse Crescent, Edinburgh, Midlothian EH11 3JN2
£144K12/210.41 mi69/3, Stenhouse Drive, Edinburgh, Midlothian EH11 3JS2
£197K11/210.41 mi88, Stevenson Road, Edinburgh, Midlothian EH11 2SJ2
£200K08/210.42 mi41, Allan Park Drive, Edinburgh, Midlothian EH14 1LW2
£242.2K04/230.42 mi10, Stevenson Terrace, Gorgie, Edinburgh EH11 2SB2
£161.5K08/250.43 miFlat 9, 30, Longstone Park, Kingsknowe, Edinburgh EH14 2BL2
£241K06/210.44 mi20, Moat Place, Edinburgh, Mid EH14 1PP2
£123K05/230.44 mi72, Flat 15, Redhall Crescent, Kingsknowe, Edinburgh EH14 2HD2
£175K08/250.44 miFlat 8, 17, Moat Drive, Slateford, Edinburgh EH14 1NU2
£188K12/210.46 mi2/7, Inglis Green Rigg, Edinburgh, Midlothian EH14 2LF2

Local Rents

50 rents from £720/mo to £1.7K/mo, average is £1.4K/mo.

Rent
Date
Distance
Address
Beds
 
£1,25009/250 mi0135L Chesser Crescent, Edinburgh, EH14 1SE2
£1,52507/250.02 mi-2
£1,50007/250.02 miChesser Crescent, Edinburgh, EH142
£1,52508/250.02 miChesser Crescent, Edinburgh, EH142
£1,50007/250.04 miChesser Crescent, Edinburgh2
£95008/250.07 miChesser Avenue, EH142
£1,25007/250.07 mi38, Chesser Avenue, Edinburgh, EH14 1ST2
£1,35010/250.09 mi-2
£1,35010/250.09 mi-2
£1,50010/250.1 miNew Mart Place, Chesser, Edinburgh, EH142
£90510/250.1 mi4 New Mart Place, Edinburgh2
£1,35011/250.1 mi-2
£1,35006/250.1 miNew Mart Place, Edinburgh, EH142
£1,60009/250.11 miLanark Road, Water of Leith Apartme, Kingsknowe, Edinburgh, EH142
£1,36012/240.11 mi-2
£1,45011/250.11 mi-2
£1,29010/250.14 mi-2
£1,29010/250.14 miNew Mart Place, Edinburgh, EH142
£1,70012/240.14 mi-2
£1,45006/250.14 miNew Mart Place, Chesser, Edinburgh, EH142
£1,45006/250.16 miGorgie Road, Edinburgh, Midlothian, EH112
£1,45006/250.17 miGorgie Road, Edinburgh, Midlothian, EH112
£1,45007/250.17 miGorgie Road, Edinburgh, Midlothian, EH112
£1,50007/250.17 miGorgie Road, Edinburgh, Midlothian2
£1,47504/250.17 miGorgie Road, Edinburgh, EH112
£1,39506/250.17 miGorgie Road, Edinburgh, EH112
£1,42506/250.17 miGorgie Road, Chesser, Edinburgh, EH112
£1,45008/250.17 miGorgie Road, Edinburgh, Midlothian, EH112
£72008/250.19 miElfin Square, Edinburgh, EH112
£1,45007/250.19 mi2505L – New Mart Square, Edinburgh, EH14 1TJ2
£99508/250.19 miEmbankment West, 5 Elfin Square, ,2
£1,39511/250.2 mi- Embankment West - Elfin Square, Edinburgh, EH112
£1,28003/240.2 miLaichpark Road, Edinburgh, EH142
£1,10003/240.2 miNew Mart Square, Chesser, Edinburgh, EH142
£1,40007/250.2 miNew Mart Square, Chesser, Edinburgh, EH142
£1,40009/250.2 miNew Mart Square, Chesser, Edinburgh, EH142
£1,49002/250.2 mi-2
£1,50010/250.2 mi-2
£1,37506/250.2 miGorgie Road, Edinburgh, EH112
£1,37506/250.2 miGorgie Road, Edinburgh, EH112
£1,37506/250.2 miGorgie Road, Edinburgh, EH112
£1,39506/250.2 miGorgie Road, Gorgie, Edinburgh, EH112
£1,48503/240.2 miElfin Square, Edinburgh, EH112
£1,32503/240.2 miElfin Square, Edinburgh, EH112
£1,32503/240.2 miEmbankment West, 5 Elfin Square, Edinburgh, EH112
£1,48503/240.2 miElfin Square, Edinburgh, EH112
£1,32512/240.2 miEmbankment West, 5 Elfin Square, Edinburgh, EH112
£1,49505/250.2 mi- Embankment West - Elfin Square, Edinburgh, EH112
£1,45006/250.2 mi- Embankment West - Elfin Square, Edinburgh, EH112
£1,46006/250.2 mi- Embankment West - Elfin Square, Edinburgh, EH112

Local Area Statistics

 

 

Rental demand

Balanced market

Rental growth (12m)

+4%

Sales demand

Seller's market

Capital growth (5yrs)

+16%

Property History

Price changed to £225,000

May 15, 2025

Price changed to £240,000

March 28, 2025

Listed for £230,000

March 6, 2025

Floor Plans

Property image

Description

Neilsons are delighted to offer to the market this lovely top floor flat forming part of an established modern development in the sought after residential district of Chesser, close to fantastic amenities and commuter links. The property would undoubtedly appeal to first-time buyers, professionals and investors.

In brief the accommodation comprises; secure entry system, welcoming hallway with useful storage and utility cupboard, light and airy reception room with access to balcony with nice open views of the Pentland Hills, open plan modern fitted kitchen with breakfast bar and integrated appliances, spacious principal bedroom with fitted wardrobes and access to balcony, good sized second double bedroom and bathroom with three-piece suite and shower over bath. Further benefits include gas central heating and double glazing.

The are well kept landscaped grounds within the development together with a secure bike store and ample resident’s car parking spaces.

The development is managed by Hacking and Paterson for a quarterly fee of approx. £200. This includes the maintenance of communal areas and block building insurance.

Council Tax Band - C

Agent Details

Neilsons Solicitors and Estate Agents, Edinburgh

0131 381 8583

Next Steps?

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