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90/5 (2F3) Grove Street, Edinburgh EH3

Scotland

£245,000

Listed on 25/06/2026

Property details

Bedrooms
3
Type
Flat

Description

This expansive three-bedroom property, located on the second floor of a traditional A-listed tenement in the renowned Fountainbridge/West End area of Edinburgh, presents an exceptional renovation opportunity. While currently in need of comprehensive refurbishment and sold as-is, the versatile layout includes a spacious living room, kitchen-diner, three bedrooms, and a bathroom. Future owners can explore various possibilities for transformation; options include creating a stunning family home, developing a three or four-bedroom House in Multiple Occupation (HMO), or potentially converting the space into two separate flats, all subject to acquiring the necessary planning permissions. Given its prime city-centre location and proximity to significant developments such as the £350 million Haymarket project, this property not only promises immediate value enhancement but also long-term investment potential. Viewing is highly recommended for those seeking a project with substantial rewards.

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Investment analysis

(EH3 area)
Area Average
£472/sq ft
Avg Rent (weekly)
£397
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (EH3)

Area prices are rising by +6.0% over the last 12 months
3 year growth: -4.7%
5 year growth: +1.8%
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

90/5 (2F3) Grove Street, Edinburgh EH3
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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
£926
Based on a loan of £183,750 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.

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