Property · EH3 6RU
For saleListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a private open-air parking space situated within Cumberland Street South East Lane, in the heart of Edinburgh's highly desirable New Town.
In an area where off-street parking is at a premium, the space provides secure and convenient parking within easy walking distance of the city centre, making it ideal for local residents, commuters and investors alike.
The parking space is easily accessed directly from Cumberland Street South East Lane and represents a rare chance to secure a valuable asset within one of Edinburgh's most sought-after locations.
Title Plan and Use Restrictions For the avoidance of doubt, the title plan is shown below. The parking space being offered for sale is the area tinted pink.
In addition, the proprietor enjoys a right in common over the access area tinted yellow, providing vehicular and pedestrian access to and from the parking space.
Purchasers should note that the space can be used for the parking of one private motor vehicle only.
Prospective purchasers should satisfy themselves as to the extent of the subjects, access rights and all pertinent title conditions by reference to the title deeds and title plan.
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.
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
Agent & docs
FAQ
About Cumberland Street South East Lane, Edinburgh
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