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See how verdicts work2-bedroom flat · EH8 8FW
For saleReduced £25k (−6%) on 9 SepListed 375 days
Opportunity summary
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About
A distinctive and thoughtfully designed two-bedroom apartment with parking space, situated on the second floor of the iconic Waverley Square development.
Description Flat 6,2 Shoemakers Square, is a distinctive and thoughtfully designed two-bedroom apartment, situated on the second floor of the iconic Waverley Square development.
Set within a sleek, contemporary building, the property has been constructed to the highest standards and offers a prime example of modern living, making it an appealing choice for a wide range of prospective buyers.
The kitchen is modern and fully equipped with high-end integrated appliances, complemented by an abundance of wall and base units for convenient storage.
This culinary space seamlessly flows into the expansive and light-filled living/dining area, creating a perfect environment for both relaxation and entertaining.
Both bedrooms are generously proportioned, each benefiting from ample built-in storage solutions.
The principal bedroom enjoys the added convenience of a private en-suite shower room, while the second bedroom is served by the well-appointed family bathroom, which is conveniently located off the hallway.
The hallway itself is spacious and includes additional storage space, enhancing the overall functionality of the flat.
On the exterior, the development boasts an underground parking facility, with an allocated parking space Location Waverley Square is located in the heart of Edinburgh`s historic Old Town, central to the city`s main business, shopping, legal and financial districts.
The property offers many fantastic amenities, such as the many transport links.
With Waverly Station only 0.4 miles from the property, and Edinburgh Trams nearest stop located at St Andrew Square (0.7 miles), this property is well situated for transport.
There are ample wonderful amenities nearby including some of the city's most well known landmarks.
With Holyrood Palace(0.4 miles), Arthur's Seat(0.9 miles) and Edinburgh Castle(0.7 miles) all in close proximity to the property, there are some impressive sights to see.
Alongside many restaurants and cinemas, including the fantastic St James Quarter(0.5 miles).
Square Footage: 808 sq ft Additional Info Listing: The property is not listed but lies within the Old Town Conservation Area.
Fixture and Fittings: All fitted carpets, curtains, light fittings, white goods and furniture all included in the sale. Factoring: Redpath Bruce - Approx. £1500.00 - £1850.00 per annum.
Rental estimate would be between £2300 and £2500 per month. The property photos were taken in March 2025
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.
Short let unlikely to be allowed
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.
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FAQ
About Flat 6, 2, Shoemakers Square, Edinburgh
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