Portolio says ..
Tenanted 4-bedroom buy-to-let investment in Edinburgh with a current yield of 9.4%.
Property Oracle says ..
This four-bedroom, two-bathroom flat located on Easter Road in Edinburgh, EH6, is marketed at £259,995. The property’s exterior appears to be in good structural condition, well maintained, and typical of the area. However, the interior photographs present a mixed picture. The rooms are presented with some furnishings present and require a degree of cleaning. The kitchen and bathrooms show evidence of wear and tear and will likely require cosmetic upgrades or full refurbishment. The kitchen in particular appears dated. The property benefits from a central location with easy access to Leith Walk, which offers shops and amenities, although transport links are a considerable distance from the property. The lack of a garden is a notable drawback, as is the absence of nearby schools in the information provided. While the price appears fair in relation to the limited data of similar nearby flats (but bearing in mind the absence of garden space and the need for improvements), a detailed comparative market analysis would be necessary to make a definitive statement on value for money. Prospective buyers should factor in the cost of renovations and upgrades to the kitchen and bathrooms. The overall condition of the property and the significant lack of external space means the property might particularly attract buyers looking for a renovation project in a decent location, but not those prioritizing modern features or outdoor space.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 1
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft (est)
- 816.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 243,409.00 £Decreased by 18.96 %
- Est sale value
- 330,480.00 £Increased by 2.27 %
- Average area rental value
- 1,724.00 £/moIncreased by 17.52 %
- Est letting value
- 1,632.00 £/moIncreased by 100.00 %
- Est rental Yield
- 8.50 %Increased by 45.05 %
- Crime Rate
- 0.00 %
Agent Activity
Portolio created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Vanburgh Place Lane | £ 350,000 | 0 | 0.00 KM |
| Crown Place | £ 0 | 0 | 0.00 KM |
| Lochend Road | £ 520,000 | 0 | 0.00 KM |
| Restalrig Terrace | £ 0 | 0 | 0.00 KM |
| Links Lane | £ 168,750 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Edinburgh | 9328 | EDB | 2.73 KM |
| Haymarket | 9419 | HYM | 6.00 KM |
| Brunstane | 8807 | BSU | 7.98 KM |
| Newcraighall | 8808 | NEW | 9.42 KM |
| Slateford | 9236 | SLA | 9.43 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 382/7 Easter Road, Leith, Edinburgh, EH6 8JW | £ 200,000 | BUY | 6 / 10 | 0.01 KM |
| 355/1 Easter Road, Edinburgh, EH6 8JF | £ 180,000 | BUY | 7 / 10 | 0.09 KM |
| Flat 4, 2 Thorntreeside, Easter Road, Edinburgh, EH6 8FB | £ 250,000 | BUY | Unknown | 0.09 KM |
| 372B/9 Easter Road, Edinburgh, EH6 | £ 185,000 | BUY | 6 / 10 | 0.10 KM |
| Flat 5, 3 Thorntreeside, Easter Road, Edinburgh, EH6 8FE | £ 265,000 | BUY | 6 / 10 | 0.12 KM |