3-bedroom flat · EH1 2NA
To rentReduced £100 (−3.2%) on 18 SepListed 99 days · slow let
Opportunity summary
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About
Please note this property does not have an HMO license and would not be suitable for three or more unrelated individuals.
A rare opportunity to rent a three-bedroom, A-listed home, occupying the ground, garden and lower ground levels of an original Georgian six storey building.
The property is situated on a picture-perfect cobbled street, in the heart of Edinburgh’s historic Old Town, globally recognised as a UNESCO World Heritage Site.
Accommodation comprises: Ground Floor: Welcoming entrance hallway; Magnificent drawing room with wonderful views and open fireplace; Bedroom 3 with ensuite shower room and storeroom.
Lower Ground Floor: Fantastic dining kitchen with French doors that open onto the private residents’ secluded lawn and gardens, offering panoramic views over Edinburgh’s skyline to the North and the Firth of Forth; Two double bedrooms; Shower room with door on to patio.
Basement Floor: Superbly converted original cellars now forming three flexible multi-purpose rooms, offering the ideal space to have a home office, snug, gym, games room etc.
Just a stone’s throw away from the Castle esplanade, Ramsay Garden is nestled below Edinburgh Castle at the top of the Royal Mile.
It was originally constructed by Sir Patrick Geddes, surrounding the houses of Allan Ramsay the Poet and his son.
The integrity of Ramsay’s façade has survived remarkably intact, and this building has now been divided into two residential properties.
The Old Town is renowned for is excellent amenities, benefitting from an array of independent shops, cafes, bars and restaurants.
With an elevated position over Princes Street Gardens, the property is also within easy walking distance of the main shopping district of Princes Street and George Street, as well at the St James Quarter.
GCH, shared garden, limited residents parking and council permit parking.
Unfurnished Deposit: £3,450 Council Tax Band: G EPC: D Landlord Registration Numbers: 508757/230/29092 and 508875/230/02102 Scottish Letting Agent Registration: LARN1903047 EPC Rating: D Council Tax Band: G
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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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