2-bedroom flat · EH8 8AB
To rentListed 1484 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Suitable for lets of one month plus, capped bills included. Suitable for international students, visitors, families and business travellers.
On entering the apartment you will find yourself in a tastefully decorated hallway leading to a spacious lounge which is bright and has adequate room to incorporate a large suite, with window to the rear giving views of the courtyard and Arthurs seat.
The property benefits from a modern fitted kitchen with freestanding cooker, washing machine and dishwasher.
There are plentiful work surfaces allowing for the budding chef to prepare those intimate meals and room for a 4 seat dining table.
There are two spacious double bedrooms both with additional storage, the bedroom to the rear again has views of Arthurs seat with the bedroom to the front having views of the Canongate.
The family bathroom has been upgraded with a white three piece suite and electric shower above bath.
The property benefits from double glazing and gas central heating and has an active eicr as well with linked smoke Alarms.
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.
Area
Agent & docs
FAQ
About 234 , Chessels Court, Old Town
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