3-bedroom flat · EH3 7HF
For saleListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Square and Crescent have once again demonstrated their expertise in delivering residential accommodation of the highest quality, carefully reimagining this lower ground floor apartment to create a refined contemporary home while preserving many of the building’s original period features.
The property is currently under construction, offering purchasers the opportunity to secure a remarkable home within an outstanding restoration project.
Positioned within an elegant Victorian townhouse, this exceptional three-bedroom residence extends to approximately 1,291 sq ft, offering beautifully balanced accommodation complete with a private south-facing terrace and landscaped rear garden.
The result is a home that feels both sophisticated and welcoming, where heritage detailing sits comfortably alongside a modern specification tailored for contemporary living.
The interiors have been perfectly crafted to maximise both space and natural light, with engineered oak flooring, restored original features, and high-quality finishes evident throughout.
Fully refurbished windows with new double glazed draft proof sashes provide improved comfort and efficiency, while maintaining the character and integrity of the building.
At the heart of the home lies an impressive open-plan kitchen and living space, designed with both everyday living and entertaining in mind.
The bespoke German kitchen by Silver Birch Interiors is finished with solid surface worktops, Siemens appliances, and integrated lighting, creating a space that is as functional as it is elegant.
A separate study area and utility room provide additional practicality and flexibility, ideally suited to modern living and home working.
Large, glazed patio doors open to the rear to establish a seamless connection to the private south-facing terrace and landscaped garden beyond, allowing the accommodation to extend naturally outdoors.
An external drylined storage cellar also provides valuable additional storage space.
The principal bedroom benefits from bespoke fitted wardrobes and a beautifully appointed en-suite bathroom featuring Duravit sanitaryware, Aqualla brassware, porcelain tiling, and underfloor heating.
Two further bedrooms and an additional contemporary bathroom provide flexible accommodation suited to family life, guests, or home working.
Throughout the property, careful attention has been given to both comfort and efficiency, with features including an air source heat pump, digital heating controls, upgraded insulation, CAT6 wiring, and high-speed fibre broadband.
The result is a home that successfully combines timeless architectural character with the convenience and performance expected of modern living.
The Local Area Melville Street is situated in the heart of the popular West End, within walking distance of the Dean Village, Haymarket Train Station, Tram stop and Princes Street.
The immediate area is very well served by local amenities with a wide range of shops, cafes and restaurants nearby, with the financial district also easily accessible.
Princes Street is within easy reach and offers a wide range of shops and amenities, and the exclusive boutiques and bars of George Street.
Within short distance, there is vibrant Stockbridge and Comely Bank, and Craigleith Retail Park, boasting an abundance of additional retail shops and Supermarkets.
There is easy access to the Water of Leith Walkway and cycle path, whilst the open spaces of the Royal Botanic Gardens and Inverleith Park are also within walking distance, and there is a children’s play area in the Eglinton and Glencairn Gardens.
The Drumsheugh Baths Club is situated nearby in Belford Road whilst the Edinburgh Sports Club, Dean Tennis Club and the Scottish National Gallery of Modern Art are in the Dean Village.
Regular buses run to and from the city centre and surrounding areas and the City Bypass, Edinburgh Airport, the Forth Road Bridge/ Queensferry Crossing and main motorway networks are within easy reach via the A90.
Viewing By appt with Coulters EPC Rating EPC rating: Unknown
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.
Area
Agent & docs
FAQ
About 46A, Melville Street, Edinburgh
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