3F4, 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; Box Room; 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

The £90,000+ guide is the only supplied price evidence. No HM Land Registry completed sales or other valuation evidence is provided, so market value and GDV cannot be established. The guide is not a formal valuation.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence. First obtain and review the legal pack, confirm tenure and occupancy, inspect condition, establish achievable rent and obtain completed-sale evidence for the local market.

Works Required

No specific defects or refurbishment requirements are evidenced. Obtain the legal pack, inspect the flat and confirm the condition of the tenement, services and internal accommodation before budgeting works.

Rental & Market Context

Potential BRRR Position

BRRR analysis cannot be completed because GDV, rent, refurbishment cost, tenure, occupancy and finance-related information are not supplied. A 75% GDV refinance figure cannot be calculated.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. Gross yield and total-cost yield are therefore unsupported. The property is described as a one-bedroom flat with a box room, but its letting potential and costs require verification.

Flip Analysis

A flip surplus cannot be calculated because there is no supported GDV, refurbishment allowance or selling-cost allowance. The guide price alone is insufficient to assess resale profit.

Investor Risks & Due Diligence

• No completed-sale evidence is supplied to support market value or GDV.

• No sufficiently specific rental comparable or auctioneer rent estimate is supplied.

• Condition and refurbishment requirements are unknown.

• Tenure and occupancy are not stated.

• The 1.2% buyer premium is subject to a minimum of £1,860, and additional legal-pack fees may apply.

• The property is sold by auction with a 10% deposit subject to a £5,000 minimum payable immediately upon exchange of contracts.

Recommendation

Do not bid on the current evidence. First obtain and review the legal pack, confirm tenure and occupancy, inspect condition, establish achievable rent and obtain completed-sale evidence for the local market.

Strategy Rating

Analysis Confidence

Only the guide price, basic accommodation, location and auction premium are supplied. There are no completed comparables, rental evidence, condition assessment, GDV, refurbishment budget, tenure, occupancy or full legal-pack costs.