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4/3 Western Place, Edinburgh, EH12 5QA

Scotland

£310,000
Listed on 20/10/2025

Property Details

Bedrooms
3
Type
Flat
Area
1137 sqft

Description

This three-bedroom flat is located on the first floor of a building nestled in a peaceful cul-de-sac within the desirable Murrayfield neighborhood. While the property currently needs considerable updating, it presents an excellent opportunity for renovation, allowing you to customize the space to your liking and potentially increase its market value. Upon entering, you’ll find a secure entry system leading to a stairwell that opens into a welcoming hallway with built-in storage. The living room features a charming fireplace and offers ample natural light, creating a cozy atmosphere. Adjacent is the dining room that connects to a fitted kitchen, presenting an ideal layout for entertaining or family gatherings. The flat boasts three spacious double bedrooms, two of which include fitted wardrobes for added convenience. A well-sized bathroom rounds out the accommodation. Additional benefits include gas central heating and double glazing throughout, ensuring energy efficiency and comfort year-round. Residents can enjoy access to a shared rear communal garden, perfect for outdoor activities or relaxation. On-street parking is also available, further enhancing the appeal for families or professionals. With its prime location in Murrayfield and strong potential for modernization, this property represents an attractive investment opportunity for those looking to add value through thoughtful renovations.

Investment Analysis

(EH12 area)

Below Market Value

This property is priced -23.6% below area average per sq ft

-23.6%
Potential saving
This Property
£273/sq ft
Area Average
£357/sq ft
Avg Rent (weekly)
£321
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£446,312
10% above area average per sq ft
Potential ROI
+14.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
74
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (EH12)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -1.4%
5 year growth: 12.7%
Investment Disclaimer: Analysis based on EH12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

4/3 Western Place, Edinburgh, EH12 5QA
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,136
Based on a loan of £232,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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