5 bed flat for sale

Downie Terrace, Edinburgh EH12

Arranged over two floors with a ground floor entrance, the property is ideally configured for HMO use, offering five spacious double bedrooms, each benefitting from en suite facilities.

A bright and well-proportioned sitting room, modern communal kitchen with generous workspace, stylish family bathroom, private garden, gas central heating, and private offstreet parking all enhance the property's appeal to tenants and underpin its consistently strong rental performance.

Having operated successfully as a guest house for over two decades before transitioning into HMO use, the property has a proven commercial pedigree. It continues to generate robust rental returns, supported by sustained tenant demand and minimal void periods.

• Fully licensed HMO. This is a valuable and transferable asset.
• Currently arranged as five double bedrooms, each with private en suite facilities.
• Current rental income: 5 rooms at £500 pcm = £2,500 pcm / £30,000 per annum
• Current gross yield: 5.0% (based on a £600,000 purchase price)
• Rental potential: 5 rooms at £750–£800 pcm = £3,750–£4,000 pcm / £45,000–£48,000 per annum
• Potential gross yield: 7.5% – 8.0% (based on a £600,000 purchase price)
• Generally high levels, with outgoing tenants consistently replaced quickly.
• Over 20 years' trading history as a guest house, now successfully operating as a licensed HMO.
• Prime Corstorphine location with sustained rental demand from professionals and students

Occupying a prime position within the sought-after suburb of Corstorphine, this attractive Victorian property represents a rare opportunity to acquire a high-performing residential investment asset in Edinburgh.

Residents enjoy close proximity to Corstorphine Hill, a beautiful local green space with extensive walking routes and panoramic city views. The area supports a caring and close community with an excellent range of shops, cafés, restaurants and leisure facilities nearby. Transport connections are strong with regular bus services providing swift access to Edinburgh city centre and beyond. Edinburgh Airport is also easily accessible, making the location ideal for commuters and frequent travellers alike.

Corstorphine is highly regarded for its educational offerings, with the property falling within the catchment for Fox Covert Primary School and Craigmount High School, both celebrated for their academic excellence and welcoming communities. Prestigious independent schools such as St George's School for Girls and Edinburgh Academy are also within easy reach, making this an excellent choice for families prioritising quality education in a peaceful suburban lifestyle.