4F1, 23 Rossie Place, Edinburgh, City of Edinburgh

Description

The property comprises a fourth floor flat in a traditional four storey tenement formed in stone and slate.

Accommodation

Entrance Hallway; Lounge/Kitchen; Bedroom; Shower Room

Location

The subjects are situated within an established residential area lying to the north of Edinburgh city centre where surrounding properties are of a similar age and style. Local amenities are all readily available.

Investment Analysis

The £100,000+ guide is the only supplied price evidence and is not a formal valuation. No completed-sale comparables, specific rental evidence, tenure details or condition/works information were supplied, so market value and GDV cannot be reliably estimated.

Investment Snapshot

Strategy Recommendation

Proceed only after verifying title, lease, condition, common-area liabilities, special conditions and achievable rent. On the supplied evidence, do not establish a bid limit or commit to purchase.

Works Required

No specific defects or required works are evidenced. Obtain a survey and confirm the condition of the tenement flat, common areas and services before budgeting works.

Rental & Market Context

Potential BRRR Position

A BRRR assessment is not supportable without a reliable GDV, rent, refurbishment budget, tenure/lease information and finance assumptions. The absence of these inputs prevents a refinance and cash-left-in calculation.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate was supplied. The buyer fee is 1.2% including VAT, subject to a £1,860 minimum; at the £100,000 guide, the minimum applies, before any other costs.

Flip Analysis

A flip analysis cannot be completed because there are no completed-sale comparables, GDV evidence, condition assessment, refurbishment allowance or supported selling-cost allowance.

Investor Risks & Due Diligence

• No completed-sale comparables are supplied, so the guide price cannot be benchmarked.

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

• Tenure, lease length, occupancy, EPC, council tax, heating and parking information are absent.

• Condition and refurbishment requirements are unknown.

• The 1.2% buyer fee is subject to a £1,860 minimum at the stated guide, and additional Special Conditions fees may apply.

• The property is within a traditional tenement, but no evidence is supplied regarding common repairs, factoring or shared-building liabilities.

Recommendation

Proceed only after verifying title, lease, condition, common-area liabilities, special conditions and achievable rent. On the supplied evidence, do not establish a bid limit or commit to purchase.

Strategy Rating

Analysis Confidence

Only a guide price, basic accommodation description, location narrative and buyer-fee terms are supplied; key valuation, rental, tenure, lease, condition and cost evidence is missing.