Summary - 29, ALBANY STREET EH1 3QN
1 bed 1 bath Serviced Apartments
**Property Highlights:**
- Prime location in Edinburgh's prestigious New Town
- Newly renovated 17-unit aparthotel with energy-efficient systems
- Unique mix of classic rooms, executive suites, and family units
- Planning approved for construction commencing in Q3 2025, with completion slated for Q4 2026
- Strong income potential in a thriving hotel market with projected returns of 7.5%-8% EBIT in Year 1
- Architecturally significant Georgian townhouse status with modern upgrades
- Close proximity to shopping, dining, and major attractions
**Summary Description:**
Seize the opportunity to own a unique 17-unit aparthotel at 29 Albany Street, nestled in the heart of Edinburgh's iconic New Town, a UNESCO World Heritage Site. Merging elegant Georgian architecture with contemporary design, this newly renovated property features high ceilings and spacious rooms that evoke a sense of historical charm while catering to modern needs. Each unit offers stylish interiors and the potential for self-catering, making it attractive to both leisure and corporate guests alike.
With planning approved and a construction timeline set for completion in late 2026, the investment potential is substantial. The local area is vibrant, filled with boutique shops, diverse dining options, and cultural hotspots, ensuring high foot traffic and occupancy rates. Environmental considerations have not been overlooked, as the aparthotel includes energy-efficient systems, promising reduced operational costs.
This prime property is perfectly positioned for investors seeking long-term cash flow in one of the UK's most resilient hotel markets. Don’t miss out on this exclusive chance to become part of Edinburgh’s thriving hospitality sector!
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