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See how verdicts workStudio flat · EH1 2HY
Listing removedListed 283 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely available, a beautifully presented third floor studio flat, boasting a great feeling of light and space, quietly situated to the rear of a managed building in the heart of the historic Old Town, with fabulous amenities right on the doorstep.
This most appealing property would be ideal as a first-time purchase, investor opportunity, or as a city centre base.
The main living area is flooded with natural light, filtering in through two tall, west facing windows and easily has ample space for relaxation, dining, and sleeping.
The fitted kitchen is discreetly tucked away with grey tone units and lots of worktop space.
The accommodation is completed by a shower-room with electric shower and entrance hall with walk-in storage cupboard.
The property also benefits from an outdoor seating area overlooking a quiet internal courtyard.
• Twin window living/dining/bedroom with varnished timber flooring and decorative cornicework • Fitted kitchen area • Shower-room/electric shower • Entrance hall/ walk-in cupboard storage • Slimline double glazing • Electric heating • Security entryphone system • Outdoor space • Excellent transport links close at hand • Partial views of Edinburgh Castle All fixtures and fittings will be included in the sale.
Furniture may be negotiated separately. Council Tax Band B and Energy Rating E Factor fee with Sentry Management approximately £432 per quarter.
EPC rating: E Viewing For viewings please call EPC Rating EPC rating: E
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.
Area
Agent & docs
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FAQ
About 1B/20, Grassmarket, Old Town, Edinburgh
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