2-bedroom flat · EH1 1SX
To rentListed 2 days
Opportunity summary
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About
Highly desirable two-bedroom furnished property with study, situated in the heart of Edinburgh's sought-after Old Town. Ideal for two sharers with direct access to a large shared terrace.
Available Tuesday 10th November 2026! The property is furnished to ensure ample convenience for the occupier, with a sofa and dining area included in the sociable open-plan style kitchen/living room.
This room boasts direct access to the serene shared terrace area, which has an impressive outlook over the North of the city.
Both bedrooms have been freshly redecorated and include brand new double beds and mattresses, with built-in storage/hanging rails and secondary glazing for a peaceful environment.
The recently updated shower room includes brand new wall panelling to the shower enclosure for easy cleaning, a vanity unit and mirror with built-in storage, and a heated towel rail for maximum comfort.
The washing machine is neatly tucked away in the hallway cupboard so as not to encroach on kitchen storage space.
There is also an additional generously sized storage space in the hallway for hiding away bulky items such as suitcases, clothes horses, cleaning products and vacuum cleaners.
The good-sized study room looks out onto the tranquil shared terrace area, also equipped with desks, ideal for those who work or study from home.
Located in the highly sought-after Old Town area, St Mary's Street is culturally rich, only a short walk away from Edinburgh's most popular attractions such as Arthur's Seat, the Royal Mile, Cowgate and Greyfriars Bobby.
There are several greenspaces close by, such as Princes Street Gardens, The Meadows and Bruntsfield Links.
There is no shortage of independent restaurants, cafes and bars located close by, and in August the magic is heightened with the city becoming even more vibrant with art and attractions due to Edinburgh's Fringe Festival.
The National Museum of Scotland is also only a 10-minute walk away.
There is permit parking available within the area; however, the property would be most attractive to those who like to walk or rely on public transport, as the property is less than a 10-minute walk from Edinburgh Waverley Train Station, in addition to a plethora of bus stops nearby with routes heading in and out of the city.
Deposit £2625 EPC rating: C. Landlord Registration Number: 506339/230/28082. Letting Agent Registration Number: LARN1812036.
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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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 St Mary's Street, Old Town, Edinburgh, EH1
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