2-bedroom flat
To rentListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Looking for students to rent until June 2027. Live at the very centre of city life in this beautifully upgraded two-bedroom flat on Drummond Street, in the heart of Edinburgh's Old Town.
Set within a traditional Old Town building, the flat pairs historic character with a high modern standard throughout, sleek kitchen, stylish bathroom, and comfortably sized bedrooms designed for actually living well, not just getting by.
The location speaks for itself: 5–6 minutes on foot to the University of Edinburgh's George Square campus one of the closest lets to central university buildings Directly opposite Old College, with the Geography/GeoSciences building just along the same street 10–15 minutes to Edinburgh College of Art Right next to The Pleasance, home to the university's student union and events venue On the doorstep of the Royal Mile, with Nicolson Street and South Bridge's cafés, pubs, and restaurants all within easy reach Walking distance to the National Museum of Scotland, the Meadows, and Edinburgh Waverley This is a rare chance to live moments from campus, right in the middle of Edinburgh's historic Old Town.
Deposit: £1,800 Landlord registration: 1322658/230/10112
Value & comps
No previous sales 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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