2-bedroom flat · EH8 8JJ
For saleReduced £25k (−7.1%) on 27 JunListed 166 days
Opportunity summary
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About
McEwan Fraser Legal is delighted to present this charming two-bedroom, main-door flat, set within a historic former maltings building originally constructed by the Blair family to serve the Craigwell Brewery.
The brewery’s remains still stand opposite Campbell’s Close on Calton Road, adding a unique sense of heritage to the setting.
Offered to the market chain-free, the property boasts generous proportions throughout.
In addition to two well-sized bedrooms, there is a bright living room with a semi-open-plan kitchen, a spacious box room ideal as a home office or dressing room, and a large, well-appointed bathroom.
A particular highlight is access to a beautifully maintained communal garden, an exceptional and highly sought-after feature in the Old Town.
Approached via a charming cobbled lane that evokes a sense of stepping back in time, a short set of steps leads to the private main entrance.
The front door opens directly into a spacious living room, offering ample room for both lounge and dining furniture.
The space is full of character, with subtle nods to the building’s industrial past, creating a warm and inviting atmosphere ideal for entertaining.
The adjoining kitchen is arranged in a semi-open-plan layout and features a range of solid wood base units with wooden worktops.
These elements lend a rustic charm that complements the property’s historic character.
A door from the kitchen leads out to a small shared courtyard, providing additional natural light and a pleasant outdoor aspect. The two bedrooms are positioned on either side of the living space.
The principal bedroom, located to the right upon entry, offers generous space for a full suite of furniture and benefits from an integrated wardrobe. The second bedroom is similarly well-proportioned.
To the rear, the large box room provides excellent flexibility as a study, dressing room, or additional storage space.
The accommodation is completed by a spacious shower room, fitted with a contemporary white suite and a large walk-in shower.
To the rear of the building lies the beautifully maintained communal garden, a peaceful oasis and a rare luxury for a city-centre property of this kind.
Its prime location, within easy reach of the Scottish Parliament, Holyrood Park, Waverley Station, and the Royal Mile, makes this property equally suited as a characterful home or a smart investment opportunity.
Electricity Supply: Sp Energy Networks Water Supply: Scottish Water Sewerage: Scottish Water Broadband / Mobile Coverage: Full 4G coverage, limited 3G and 5G.
By appointment through McEwan Fraser Legal on Edinburgh McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.
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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