1-bedroom house · EH3 9BG
Listing removedListed 163 days
Opportunity summary
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About
This one bedroom duplex flat forms part of Lothian House, a unique, B-Listed, Art Deco building which dates back to the 1930s.
Converted into flats in the 1980's, with lift access, it offers residents on-site amenities which include a swimming pool, sauna, steam room, gym, games room, quiet room and communal laundry room.
Access to the building is via a secure fob door entry system which leads to the foyer and further fob access to the main building. There is a lift and stairs to all floors.
Number 21 is situated on the first floor.
A door gives access to the hallway with an L-shaped understair cupboard which houses the gas and electricity meters and offers excellent storage with space for a bike.
The double bedroom is on this floor with a feature 15 pane glass window which looks on to an atrium to the rear. There is a mirrored door wardrobe and ample space for freestanding furniture.
Stairs from the hall lead up to the second floor with a light-filled living room, open plan to kitchen with breakfast bar and a modern shower room.
The living room, with sanded and sealed timber floor, has a high ceiling and a striking 9 pane window which gives the feeling of loft-style living.
The open plan kitchen has a breakfast bar and is fitted with a range of wall and base units with stainless steel sink and drainer and complementary worksurfaces.
The induction hob, oven, extractor hood and fridge are included in the sale but are not warranted.
The refitted and part-tiled shower room (2024) completes the accommodation and is fitted with a white suite comprising wash hand basin, WC and corner shower cubicle with Mira Sprint shower.
ACCOMMODATION Communal entrance with key fob door-entry system Lift and stairs to all floors Hall Double bedroom Stairs to upper floor Living room open plan to kitchen with breakfast bar Shower room Gas central heating, double glazing Coin operated communal laundry Leisure facilities include a: Swimming pool, sauna, steam room, gym, games room, quiet room EXTRAS All fitted carpets, floor coverings, curtains, and the white goods as specified are included in the sale.
The furniture can be available. LEISURE FACILITIES Please note that the leisure facilities are not be available for access at the time of viewing.
Prospective purchasers are very welcome to go along and see the facilities during the Open Office sessions on Thursdays: 10 00 am - 11 00 am and Sundays: 7 00 pm - 8 00 pm.
COMMUNAL CHARGES The property is privately managed by Lothian House Proprietors Association (LHPA) .
The communal charges are circa £450 per quarter, which includes the leisure suite, 2 lifts, bin store in the basement, buildings insurance and upkeep of all communal areas.
These can be paid quarterly or by monthly standing order. VIEWING By appointment with Property Department.
WHAT3WORDS taken.waters.handle LOCATION Lothian House enjoys a prime city centre position in Edinburgh's financial district.
Just a few minutes' walk from Princes Street and Haymarket station, the property is also well-located for access to the historic Old Town and the West End.
The University of Edinburgh, Edinburgh College of Art and Edinburgh Napier University are all within walking distance.
A wide range of coffee shops, bars and restaurants are all on the doorstep along with an Odeon cinema.
There are excellent transport links include bus services, rail services and the tram, just a short walk away, with direct access to Edinburgh Airport.
OTHER COUNCIL TAX BAND: C The above particulars are believed to be correct but are not warranted and will not form part of any contract of sale.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 124/21 Lothian House, Lothian Road, Edinburgh, EH3 9BG
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