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See how verdicts workProperty · EH2 4BB
Under offerListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An increasingly rare opportunity to acquire a double garage situated in the heart of Edinburgh’s prestigious New Town, positioned quietly off Rose Street on Rose Street South Lane.
Unusually, the property benefits from full planning consent to convert the existing garage into a well designed one bedroom studio apartment.
The consent also includes the required permissions for short term letting, making this an attractive proposition for developers, investors, or owner occupiers seeking a prime central pied-à-terre.
Key Features: - Currently a double garage with excellent access. - Full planning consent granted for conversion into a one bedroom studio flat.
- Permission in place for short term letting, offering lucrative income potential. - Superb location in the iconic New Town, moments from Princes Street and George Street.
- A unique opportunity in an area where development plots of this nature are exceptionally scarce.
- Potential to create a high yielding investment in one of Edinburgh’s most desirable and in demand districts. EPC: N/A Council Tax Band: N/A Tenure: Freehold Viewing by appointment.
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 restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About Rose Street South Lane, Edinburgh
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