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1/1 Barony Place, Edinburgh, EH3 6PB

Scotland

£115,000

Listed on 20/07/2026

Property details

Bedrooms
1
Type
Ground Flat
Area
323 sqft

Description

This ground-floor one-bedroom apartment presents a significant opportunity for renovation in the heart of Edinburgh's New Town. As a blank canvas, it invites potential buyers to reimagine its layout and design, creating a contemporary living space tailored to modern tastes. The property features a spacious hallway, a large living room with an original fireplace and intricate cornicing, plus a kitchen, utility room, double bedroom, and shower room. Its prime location places residents within close proximity to local shops, restaurants, and leisure activities. With its central position near Princes Street and George Street as well as the Omni Centre and St James’ Quarter, this apartment is perfectly situated for both comfort and convenience. Transforming this space could yield considerable investment returns given the desirable neighborhood that values both historic charm and urban amenities.

Investment analysis

(EH3 area)

Below Market Value

This property is priced -24.1% below area average per sq ft

-24.1%
Potential saving
This Property
£356/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£416
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£166,636
10% above area average per sq ft
Potential ROI
+7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (EH3)

Area prices are rising by +5.9% over the last 12 months
3 year growth: -2.1%
5 year growth: +1.5%
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

1/1 Barony Place, Edinburgh, EH3 6PB
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£434
Based on a loan of £86,250 over 30 years at 4.45% 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.

Stamp duty calculator

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