4-bedroom flat · EH8 8AD
Sold STCListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A rare opportunity to acquire an exceptional a-listed apartment within the iconic Chessels Court, one of Edinburgh's most historically significant residential addresses.
Tucked away in a peaceful leafy courtyard in the heart of the unesco World Heritage-listed Old Town, this remarkable home offers a retreat just moments from the vibrant Canongate and the Royal Mile.
Originally built in 1748 as mansion apartments for renowned architect Archibald Chessel, the building later served as the Excise Office and was famously linked to the 1788 robbery that led to the downfall of William "Deacon" Brodie.
In 1963, the development was thoughtfully restored and modernised to designs by acclaimed architect Robert Hurd, preserving its rich architectural heritage while creating distinctive homes of lasting appeal.
Internally, the apartment is both bright and generously proportioned, combining elegant period charm with comfortable modern living.
Beautiful original features-including decorative cornicing, working shutters, attractive fireplaces and original artwork-enhance the character throughout.
A secure communal cellar provides valuable additional storage.
The property enjoys use of a well maintained communal courtyard, cared for by the Chessels Court Residents' Association, and from the property, breathtaking views stretch across Salisbury Crags and Arthur's Seat.
Location The historic Old Town is a unesco World Heritage Site boasting a wealth of charm and character with all the benefits of city centre living.
The main shopping and commercial thoroughfares of Princes Street and George Street are within comfortable walking distance which include major high street retailers, St James Quarter, fine restaurants and fashionable bars.
The property is conveniently located for many Edinburgh University buildings as well as many famous and historical places of interest.
The Grassmarket and the Royal Mile area of the Old Town offer a superb choice of speciality shops, fine restaurants, fashionable bars, coffee shops, delis and boutiques.
Regular bus services give access to most areas of the City and for commuters Waverley Station is a short walk away.
Management Some areas of the shared grounds are maintained by Edinburgh City Council and in addition to this there is a Chessels Court Association who cut the grass (there is a voluntary cost of £5 per year).
Extras All fitted floor coverings, blinds, curtains, light fittings, hob, oven, extractor hood, dishwasher, fridge/freezer, dishwasher and washing machine are included in the sale price.
Viewings By appointment contact vmh Option 1) Viewing Contact vmh EPC Rating EPC rating: C
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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FAQ
About 4/3, Chessels Court, Edinburgh
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