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56 Magdalene Drive, Edinburgh EH15

Scotland

£185,000

Listed on 25/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
895 sqft

Description

This mid-terraced villa presents a promising opportunity for those looking to invest in a property with significant renovation potential. Set back from the road and overlooking a picturesque central green, this home is ready for modernization to transform it into a personalized family residence. The layout includes a welcoming hall with a recently added chair lift, a spacious sitting room, kitchen, three upstairs bedrooms, and a shower room. Notable features include gas central heating, double glazing, an external storage area, plus front and rear gardens that offer ample outdoor space. Located in Magdalene to the east of the city centre, the property benefits from convenient access to local amenities including schools, shops, and public transport links. A large Asda store at Milton Link and Fort Kinnaird shopping centre are also close by. For those commuting, the nearby city bypass provides easy connections to major roadways including the A1 and routes towards Edinburgh Airport.

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Investment analysis

(EH15 area)

Below Market Value

This property is priced -41.4% below area average per sq ft

-41.4%
Potential saving
This Property
£207/sq ft
Area Average
£353/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£347,430
10% above area average per sq ft
Potential ROI
+47.8%
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
72%
Properties sold annually

Local Market Trend (EH15)

Area prices are stable by -2.0% over the last 12 months
3 year growth: -2.9%
5 year growth: +8.9%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£699
Based on a loan of £138,750 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

Next Steps

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