Summary - Queen Street, Edinburgh, EH2 EH2 1JE
2 bed 2 bath Flat
Fully managed short-let with strong 2024/25 net income.
Large top-floor two-bedroom apartment, 1,182 sq ft
A rare, large two-bedroom top-floor apartment in Edinburgh’s New Town, offered as a fully managed short-let investment. The Q-Residence building combines Georgian exterior character with high-quality contemporary apartment finishes, providing bright open-plan living, a principal bedroom with en suite, good storage and two bathrooms. The apartment produced a net income of £27,500 for 2024/25 and shows a net investment yield of 5.91%.
This is a hands-off proposition: Destiny Scotland currently manages bookings and operations, the building reports c.90% occupancy for 2024/25, and service charges are included within the managed service. The apartment benefits from an excellent central location close to Waverley station, tram and main bus routes, alongside the retail and cultural attractions of Charlotte Square, George Street and the St James’ Quarter.
Buyers should note the property’s reliance on the short-let market — past performance may not predict future returns. The local area is classified as very deprived, which may affect long-term demand dynamics and lettings outside of the tourist/corporate market. As a top-floor unit there are some sloped-ceiling/attic areas and no mention of private outdoor space. Freehold tenure and documented rateable value (RV £11,200) are practical benefits for investors, and the apartment’s proven online review scores support ongoing demand.
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