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5 Allan Park Crescent, Edinburgh, EH14 1LE

Scotland

£490,000

Listed on 28/02/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
980 sqft

Description

This two-bedroom detached bungalow presents a unique opportunity for discerning buyers looking to invest in a property with considerable renovation and expansion potential. Nestled in the peaceful Allan Park area, this home features a well-maintained interior, complete with modern kitchen and bathroom fittings. The spacious sitting and dining areas are ideal for entertaining, while the two double bedrooms (one currently utilized as a study) offer flexibility for various living arrangements. A noteworthy feature of this property is the floored loft space, accessible via a sliding metal ladder, which provides an excellent opportunity for conversion into additional living accommodation, subject to necessary consents. The expansive private gardens surround the bungalow, complemented by a substantial detached double garage/workshop equipped with electricity—ideal for hobbyists or those needing extra storage. The property is equipped with gas central heating and double glazing, ensuring comfort year-round. With off-street parking available and excellent local amenities including shopping facilities, public transport links, and access to recreational spaces like Harrison Park and Union Canal nearby, this bungalow not only stands as a solitary residence but also a promising investment perfect for families or professionals looking to establish roots in a sought-after area with reputable schools close at hand.

Investment Analysis

(EH14 area)

Above Market Value

This property is priced +52.0% above area average per sq ft

+52.0%
This Property
£500/sq ft
Area Average
£329/sq ft
Avg Rent (weekly)
£310
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£354,500
10% above area average per sq ft
Potential ROI
-33.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
49%
Properties sold annually

Local Market Trend (EH14)

Area prices are rising by +2.2% over the last 12 months
3 year growth: +9.7%
5 year growth: +11.1%
Investment Disclaimer: Analysis based on EH14 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

5 Allan Park Crescent, Edinburgh, EH14 1LE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,851
Based on a loan of £367,500 over 30 years at 4.45% 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.

Stamp Duty Calculator

Price History

-3.9% since listed
£490,000£35,000(-6.7%)
04/06/2026
Current price
£525,000+£15,000(+2.9%)
23/04/2026
£510,000Initial listing
02/03/2026

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