3F3, 3 Peffer Street, Edinburgh EH16 4BA

Description

The property comprises a top floor flat in a five storey traditional tenement formed in stone and slate.

Accommodation

Entrance Hallway; Lounge/Kitchen; Bedroom; Bathroom

Location

The property is located in the popular Duddingston area of Edinburgh, a popular residential district to the south east of the city centre.

Tenure / Property Information

Investment Analysis

No completed-sale comparables or other valuation evidence were supplied, so GDV and market value cannot be reliably estimated. The £80,000+ guide is not a formal valuation. The supplied rental evidence indicates advertised asking rents of £995 pcm in EH16 and £1,245 pcm in EH15, but these are not achieved rents and are not directly equivalent locations.

Investment Snapshot

Strategy Recommendation

Proceed only as a subject-to-due-diligence potential rental purchase. Verify tenure, lease terms, condition, achievable rent, all special-condition fees and resale evidence before bidding; do not rely on a flip or BRRR strategy on the supplied evidence.

Works Required

No specific defects or refurbishment requirements are evidenced. Allow for inspection and normal legal/technical due diligence before committing to any works budget.

Rental & Market Context

Potential BRRR Position

BRRR analysis is not supportable because GDV, refurbishment cost, tenure details and refinance assumptions are unavailable. At the guide, the buyer premium would be £1,860 including VAT due to the stated minimum, before any other fees or works.

Buy-to-Let Analysis

The supplied advertised asking rents imply £11,940–£14,940 annual gross rent. Against the £80,000 guide alone, this equates to an indicative gross yield range of 14.925%–18.675%, before buyer premium, works, finance, voids, management, maintenance and other costs. One comparable is from EH15 rather than EH16, and no achieved or passing rent is supplied, so the yield cannot be treated as established.

Flip Analysis

A flip surplus cannot be calculated because there are no completed-sale comparables, supported GDV, refurbishment allowance or selling-cost allowance. The guide should not be treated as resale value.

Investor Risks & Due Diligence

• No tenure, occupancy or lease information supplied.

• No completed-sale comparables or supported GDV.

• Rental figures are advertised asking rents rather than achieved or passing rents.

• One rental reference is from EH15 rather than the subject EH16 location.

• Property condition, EPC, heating and parking information is unavailable.

• Additional fees may apply under the Special Conditions of Sale.

• Buyer premium is subject to a minimum £1,860 including VAT, even though 1.2% of the guide is lower.

Recommendation

Proceed only as a subject-to-due-diligence potential rental purchase. Verify tenure, lease terms, condition, achievable rent, all special-condition fees and resale evidence before bidding; do not rely on a flip or BRRR strategy on the supplied evidence.

Strategy Rating

Analysis Confidence

Basic property, guide, buyer-premium and asking-rent evidence is supplied, but there are no completed-sale comparables, condition details, tenure or lease information, passing rent, GDV evidence or refurbishment costs.