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Margrie, 5 Fentoun Gait, Gullane, EH31 2EJ - Image 1
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Margrie, 5 Fentoun Gait, Gullane, EH31 2EJ

Scotland

£595,000
Listed on 12/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
2067 sqft

Description

Situated in the serene village of Gullane, this spacious three-bedroom bungalow offers a unique opportunity for renovation and investment. With its sizeable rooms and flexible layout, the property is suffused with natural light and features a charming garden, making it an ideal canvas for your vision of a perfect family home. The entrance hallway leads to a bright sitting room, characterized by a large picture window and a cozy gas flame fireplace, creating an inviting atmosphere for relaxation and entertaining. Adjoining this space is a south-facing conservatory that opens onto a side patio, adding to the property's charm. The generous living and dining area boasts ample natural light from its dual-aspect windows, offering a comfortable setting enhanced by soft carpeting and ambient lighting—perfect for gatherings or quiet evenings at home. The kitchen, while currently functional with bespoke cabinetry and integrated appliances, could greatly benefit from modern updates to maximize its potential. It includes an adjoining utility room for extra storage. The property comprises three well-proportioned bedrooms; the principal bedroom overlooks the rear garden and is complete with built-in storage. The other two double bedrooms are bright and presentable but would also benefit from contemporary finishes. Outside, the enclosed east-facing garden features a spacious lawn surrounded by mature hedging and various seating areas ideal for outdoor enjoyment. Additionally, the garage alongside ample driveway parking enhances this property's appeal as an investment project ripe for enhancement.

Investment Analysis

(EH31 area)

Below Market Value

This property is priced -20.8% below area average per sq ft

-20.8%
Potential saving
This Property
£288/sq ft
Area Average
£363/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£826,035
10% above area average per sq ft
Potential ROI
+28.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
222%
Properties sold annually

Local Market Trend (EH31)

Area prices are rising by +31.0% over the last 12 months
3 year growth: 20.1%
5 year growth: 38.4%
Investment Disclaimer: Analysis based on EH31 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

Margrie, 5 Fentoun Gait, Gullane, EH31 2EJ
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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
£2,180
Based on a loan of £446,250 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE