2-bedroom flat · EH3 9GG
For saleListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying breath taking open views across The Meadows and Arthur’s Seat, this exceptional fifth floor apartment forms part of the prestigious Quartermile development, set in the heart of Edinburgh’s historic Old Town.
Finished to an excellent standard throughout, the property offers contemporary city living with generous proportions, floor to ceiling glazing, high quality fixtures and fittings and an allocated parking space in the underground car park.
The centrepiece of the home is the expansive open plan kitchen, dining and living area, flooded with natural light via a full wall of windows and perfectly suited to both everyday living and entertaining.
The stylish kitchen is fitted with modern base and wall units and includes an integrated oven, gas hob, microwave, fridge/freezer and dishwasher.
A large central island with breakfast bar provides additional workspace and informal dining.
The principal bedroom is a generous double with full height windows, two built in wardrobes and a sleek en suite bathroom.
A second double bedroom is located to the rear of the property, enjoying views towards The Meadows and also benefiting from two built in wardrobes and an adjacent contemporary family bathroom.
Further features include a large storage cupboard and a separate walk in utility cupboard accessed from the hallway.
The property also benefits from • Allocated underground parking space • Gas central heating • Double glazing • Secure video door entry system • Lift access • Concierge service This outstanding apartment would appeal to owner occupiers and buy to let investors alike, offering strong rental demand in a prime central location.
A factoring agreement is in place for the upkeep and maintenance of the common areas, including stair cleaning, lift servicing, outdoor areas, buildings insurance and the underground car park.
The current factor is Speirs Gumley, with quarterly charges of approximately £1,399.
Ideally positioned on the edge of The Meadows, the Quartermile development offers an outstanding range of local amenities including cafés, bakeries, restaurants, a Sainsbury’s supermarket and a PureGym.
Edinburgh’s iconic attractions-Edinburgh Castle, the Grassmarket, the Royal Mile and Princes Street-are all within easy walking distance, as is Edinburgh University.
Excellent transport connections are close at hand, with regular bus services and both Waverley and Haymarket stations providing quick access across the city and beyond.
Lounge/Diner/Kitchen (7.95m x 7.32m) Bedroom 1 (4.17m x 3.96m) En Suite (2.41m x 1.75m) Bedroom 2 (3.63m x 3.63m) Bathroom (2.51m x 1.7m)
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
Set an offer; the calculator follows it.
Short let unlikely to be allowed
We're still gathering serviced-accommodation data for this area.
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.
Area
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FAQ
About 28/25, Simpson Loan, Edinburgh
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