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56 Magdalene Drive, Edinburgh EH15 - Image 1
56 Magdalene Drive, Edinburgh EH15 - Image 2
56 Magdalene Drive, Edinburgh EH15 - Image 3

56 Magdalene Drive, Edinburgh EH15

Scotland

£185,000
Listed on 22/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
895 sqft

Description

This mid-terraced villa presents a solid opportunity for those looking to invest in a renovation project. Nestled away from the main road and facing a central green space, this property is poised to transform into a tailored family residence. The accommodation features an entrance hall, which includes a recently-installed chair lift for accessibility, a sitting room, kitchen, and three bedrooms along with a shower room on the upper floor. Benefiting from gas central heating and double glazing, the house also offers an external storage space and generously sized front and rear gardens. Located in Magdalene to the east of the city center, the home is conveniently positioned near local schools, shops, and public transport links. Major shopping venues such as Asda at Milton Link and Fort Kinnaird are easily reachable. Additionally, quick access to the city bypass ensures connectivity to the A1, central motorway network, business parks like Gyle, RBS HQ at Gogar, and Edinburgh Airport.

Investment Analysis

(EH15 area)

Below Market Value

This property is priced -42.1% below area average per sq ft

-42.1%
Potential saving
This Property
£207/sq ft
Area Average
£357/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£351,220
10% above area average per sq ft
Potential ROI
+49.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
208%
Properties sold annually

Local Market Trend (EH15)

Area prices are rising by +10.7% over the last 12 months
3 year growth: +6.5%
5 year growth: +18.5%
Investment Disclaimer: Analysis based on EH15 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

56 Magdalene Drive, Edinburgh EH15
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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
£667
Based on a loan of £138,750 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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