2 bed terraced house for sale

22 Magdalene Medway, Edinburgh, Midlothian EH15

Guide Price £145,000 For sale by unconditional online auction on the 25th of February 2026.

Registration is now open, bidding opens on 25th of February 2026 and ends on 25th of February 2026

Town & Country Property Auctions present this £25,000-under-value two-bed, ideal for families and investors near local schools!

Description
22 Magdalene Medway

Guide Price: £145,000
Home Report Value: £170,000

£25,000 Under Market Value Strong Family Appeal High Rental & Serviced Accommodation Potential

Town & Country Property Auctions present this well-located two-bedroom property set within a popular and well-established residential area of East Edinburgh, making it particularly well suited to first-time buyers and families seeking access to local schooling, as well as investors targeting strong rental demand.

Magdalene Medway is a settled residential pocket positioned adjacent to Portobello High School, with additional primary schooling, parks, and everyday amenities close by. The area benefits from excellent connectivity into Edinburgh city centre, while also enjoying proximity to Portobello Beach, promenade walks, cafs and local shops, offering a desirable balance between city living and coastal lifestyle.

From an investment perspective, the fundamentals are compelling. Estimated long-term rental demand sits at £1,500 per month, while serviced accommodation presents strong additional upside (subject to local authority consent), with projected income of circa £35,000 per annum, based on 72% occupancy and an adr of £134.

Equally, this property represents an excellent opportunity for first-time buyers or families looking to secure a home in a family-friendly location close to schooling, transport links and coastal amenities, with the added benefit of being offered below market value.

Legal Pack
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Auction Information
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