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Gilmerton Dykes Avenue, Edinburgh, EH17

Scotland

£175,000
Listed on 10/03/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
732 sqft

Description

Located in the established residential district of Gilmerton, this two-bedroom end-terraced house presents a promising opportunity for renovation and investment. Spread over two levels, the property features a generously sized living and dining area on the ground floor, ideal for both relaxing and hosting guests. The kitchen, while functional, could benefit from modernisation and offers potential for redesign to enhance storage and workspace. A side hall with built-in storage leads to a side porch that provides access to the garden, which could be transformed into an attractive outdoor space or used to extend the home (subject to planning permissions). Upstairs, you'll find two well-sized bedrooms; the main bedroom accommodates larger furniture pieces comfortably, while the second room is flexible enough for use as a guest room, office, or child’s room. The first floor also includes a modern shower room but does need some updates throughout. The property is sold as-is without guarantees for existing systems or appliances, including an inoperable gas fire in the sitting room. With double glazing and gas central heating already in place, you can take advantage of these features while focusing your efforts on improving aesthetics and functionality. Gilmerton Dykes Avenue is positioned conveniently close to local amenities and excellent transport links into Edinburgh city centre, making it an attractive prospect for first-time buyers or savvy investors seeking value through refurbishment.

Investment Analysis

(EH17 area)

Below Market Value

This property is priced -16.3% below area average per sq ft

-16.3%
Potential saving
This Property
£239/sq ft
Area Average
£286/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£229,925
10% above area average per sq ft
Potential ROI
+15.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
70%
Properties sold annually

Local Market Trend (EH17)

Area prices are rising by +10.9% over the last 12 months
3 year growth: +16.4%
5 year growth: +11.0%
Investment Disclaimer: Analysis based on EH17 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

Gilmerton Dykes Avenue, Edinburgh, EH17
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£631
Based on a loan of £131,250 over 30 years at 4.06% 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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