2-bedroom flat · EH2 4RT
For saleListed 128 days
Opportunity summary
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About
54 (2F1) Shandwick Place is a superb second-floor apartment occupying a prime position in the heart of Edinburgh's prestigious West End.
Presented in excellent condition throughout, this spacious and well-maintained property offers an outstanding opportunity for a wide range of buyers, including owner-occupiers, investors and those seeking a turnkey city centre home.
Combining generous proportions, attractive period features and a highly desirable location, the property is ready for immediate occupation with no onward work required.
Extending to approximately 1,022 sq ft, the accommodation is both flexible and well-balanced.
A welcoming entrance hall provides access to all principal rooms and leads through to an exceptionally bright and spacious lounge and dining room, where large windows flood the space with natural light and provide an ideal setting for both relaxing and entertaining.
The adjoining dining kitchen is generously proportioned and well-equipped, offering ample storage and workspace alongside excellent room for informal dining.
The property benefits from two substantial double bedrooms, both of which offer excellent proportions and fitted storage.
The principal bedroom enjoys the added luxury of an en-suite shower room, while a contemporary family bathroom serves the remainder of the accommodation.
A separate utility room provides valuable additional storage and practical laundry facilities, enhancing the apartment's everyday functionality.
Having operated successfully as a rental property, the flat is fully rental compliant and presents a particularly attractive proposition for buy-to-let investors seeking a ready-made investment.
Equally, for owner-occupiers, the property offers true turnkey accommodation, with all compliance requirements already in place and the flat presented in a condition that allows for immediate enjoyment from day one.
Shandwick Place is widely regarded as one of Edinburgh's most sought-after city centre addresses, offering immediate access to an outstanding selection of restaurants, cafés, bars, boutique shops and cultural attractions.
The financial district, Haymarket Station, Edinburgh's tram network and the city centre's extensive amenities are all within easy walking distance, making this an ideal location for professionals, commuters and those wishing to enjoy the very best of city living.
This is a rare opportunity to acquire a spacious, fully compliant and impeccably presented apartment in one of Edinburgh's most desirable locations, offering both lifestyle appeal and strong investment credentials.
Accommodation comprises: Entrance hall, generous lounge/dining room with triple aspect windows, dining kitchen, principal double bedroom with en-suite shower room, second double bedroom, family bathroom and separate utility room.
The property further benefits from excellent storage throughout and extends to approximately 1,022 sq ft. Outside Space: The property benefits from on-street permit parking.
Location: Shandwick Place, situated to the west of the historic New Town and in the heart of Edinburgh’s stylish West End, provides both city centre convenience as well as access to fantastic nature in the nearby Dean Gardens and down to the Water of Leith below.
The property lies within easy walking distance of the City Centre’s business, shopping and financial districts as well as the West End’s boutiques and bars.
Stockbridge with its village atmosphere, previously voted in the Sunday Times as one of the most desirable areas to live in the UK, is just a short walk away, providing a plethora of artisan cafes, shops and restaurants as well as a Sunday food market more reminiscent of the South of France than Edinburgh.
There are several recreational facilities close by including Drumsheugh Swimming Baths, the Edinburgh Sports Club and Dean Tennis Club while the Usher Hall, Lyceum and Traverse Theatres as well as Edinburgh’s acclaimed modern art galleries are just a few minutes’ walk.
The property is within easy walking distance of the Royal Botanic Gardens, Inverleith Park and the Water of Leith walkway which connects directly with the city’s extensive off-road path network, providing scenic walks and cycling routes to South Queensferry, Newhaven Harbour and the Pentland Hills.
The area is well served by many supermarkets (Waitrose and Sainsbury) within walking distance as well as the Craigleith Retail Park which is a short drive away.
There are also a wide range of good schools (both state and private) including Flora Stevenson Primary School and Broughton High School as well as The Edinburgh Academy, Mary Erskine/Stewarts Melville Schools, Fettes College and St George’s School for Girls.
Shandwick Place has zoned parking within easy reach and proximity to the city’s bus and trams, Haymarket and Waverley stations as well as convenient access to the City Bypass, A1, M8 and M9 and Edinburgh International Airport.
EPC: C Council Tax Band: E Tenure: Freehold Viewing by appointment via Rettie & Co. EPC Rating: C Council Tax Band: E
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
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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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