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105 New Street, Musselburgh EH21 - Image 1
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105 New Street, Musselburgh EH21

Scotland

£295,000
Listed on 01/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1442 sqft

Description

This spacious stone-built end terraced villa, measuring 100m², is a prime candidate for modernisation and renovation. With captivating sea views and located directly adjacent to The Promenade, the property offers a unique opportunity for investment. Currently featuring partial gas central heating and double glazing, the layout includes an entrance vestibule, reception hall with storage and WC, a bright living room showcasing original decorative cornicing alongside a functional gas fire. The open-plan dining room leads directly to the garden, while the fitted kitchen comes equipped with essential appliances and a small utility room/office area. Upstairs, the layout consists of two double bedrooms with dormer windows; one bedroom boasts impressive sea views. Rounding out the interior is a fully tiled shower room featuring a modern two-piece white suite and walk-in shower cabinet. The exterior benefits from a gated front garden complete with lawn and paved seating areas surrounded by lush vegetation, alongside a larger fully enclosed rear garden that incorporates both lawn and patio spaces. A detached single garage adds further functionality to this property. Located in the vibrant coastal town of Musselburgh, residents enjoy access to scenic countryside walks along the river and promenade as well as numerous leisure facilities including golf courses, theatre options, local shops, and comprehensive educational facilities such as Queen Margaret University. Transport links to Edinburgh are efficient with nearby railway stations and bus services providing easy commutes.

Investment Analysis

(EH21 area)

Below Market Value

This property is priced -23.7% below area average per sq ft

-23.7%
Potential saving
This Property
£205/sq ft
Area Average
£268/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£425,419
10% above area average per sq ft
Potential ROI
+27.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
68
Average per month
Market Turnover
68%
Properties sold annually

Local Market Trend (EH21)

Area prices are rising by +9.3% over the last 12 months
3 year growth: 20.5%
5 year growth: 23.4%
Investment Disclaimer: Analysis based on EH21 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

105 New Street, Musselburgh EH21
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,081
Based on a loan of £221,250 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