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Coates Crescent, Edinburgh, EH3

Scotland

£1,750,000
Listed on 12/10/2025

Property Details

Bedrooms
N/A
Type
Terraced house
Area
6902 sqft

Description

This Georgian townhouse presents a significant opportunity for renovation and redevelopment, subject to the necessary planning permissions. With its timeless stone exterior, the property showcases the elegance characteristic of Edinburgh's architectural heritage while offering ample scope for transformation. Spanning approximately 4,514 sq ft (NIA) and 6,902 sq ft (GIA) across four levels plus a basement, this substantial building provides a versatile layout that is currently utilized as office space. The interior features spacious rooms with high ceilings and classic period details, such as original cornicing and grand sash windows, all of which can be retained or reimagined in future developments. Notably, the central cupola enhances the stairwell with an abundance of natural light. Located in the highly sought-after West End of Edinburgh, this property benefits from both a prestigious address and convenient access to local amenities. The surrounding neighborhood features a mix of residential, commercial, and hospitality venues that underscore its potential for high-quality conversion into luxury living spaces or serviced accommodations. The property is currently designated under Class 4 (Business) use; however, it holds considerable potential for alternative uses that could attract a diverse array of occupants—from upscale apartments to boutique hotels—all pending necessary consent. Additionally, acquiring part of the building as an upper townhouse may be possible, providing further flexibility for redevelopment. Included with the property are three private car parking spaces—an asset in this bustling area. The proximity to transport links is another significant benefit; with the West End tram stop just steps away and Haymarket Station within a short walk, commuting convenience throughout Edinburgh and beyond is readily available. In summary, this Category A listed townhouse not only offers historical charm but also stands as a prime candidate for investment opportunities in one of Edinburgh's most desirable districts. Its combination of location, existing structure, and redevelopment possibilities make it an appealing project for developers looking to create something exceptional in an established area experiencing ongoing revitalization.

Investment Analysis

(EH3 area)

Below Market Value

This property is priced -44.9% below area average per sq ft

-44.9%
Potential saving
This Property
£254/sq ft
Area Average
£460/sq ft
Avg Rent (weekly)
£406
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £500,000
Target Value
£3,493,551
10% above area average per sq ft
Potential ROI
+55.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
60
Average per month
Market Turnover
54%
Properties sold annually

Local Market Trend (EH3)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -10.2%
5 year growth: -5.2%
Investment Disclaimer: Analysis based on EH3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Coates Crescent, Edinburgh, EH3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£6,411
Based on a loan of £1,312,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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