3-bedroom flat · EH1 2HE
To rentListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Book your viewing online at 1LET A fantastic opportunity to live on one of Edinburgh's most iconic streets.
1LET are delighted to bring to the market this three bedroom (No HMO Licence), unfurnished flat which is centrally located just off the Grassmarket.
Benefitting from a new kitchen and modern bathrooms along with gas central heating and a low council tax band this beautiful 3 bedroom flat would make a wonderful home.
The property itself comprises 3 double bedrooms, dual windowed living room, 2 bathrooms and a modern fully fitted kitchen.
The property is located in the historic centre of Edinburgh and is in walking distance to the Royal Mile, Princes Street, St James Centre and many shops, as well as easy access to all transport links across the city including Waverly Train Station.
Please note, this property does not have a HMO licence and so is unsuitable for 3 unrelated individuals sharing. Council tax band: C, EPC rating: D. Landlord Registration Number: 542406/230/01052.
Letting Agent Registration Number: LARN1806013. Deposit: £1,995
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
Short let unlikely to be allowed
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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