29 Albany Street, Edinburgh, EH1
- PROPERTY TYPE
Serviced Apartments
- SIZE
7,100 sq ft
660 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Town/City
Description
This A-listed Georgian townhouse, complemented by a modern rear extension, blends period elegance with contemporary design. The development offers a thoughtfully curated mix of classic rooms, executive suites, and family units, some with self-catering facilities; appealing to both leisure and corporate guests.
? Forward commit opportunity with bespoke branding and operational flexibility for an incoming purchaser
? Planning approved, with construction commencing in Q3 2025 and completion due Q4 2026
? High-specification finish with energy-efficient systems and a predicted EPC rating of B (offering substantial operational savings compared to most aparthotels/hotels across the city)
? Stylish interiors combining restored Georgian features with modern amenities
? Three sympathetically restored under-pavement cellars for plant, storage, and services
? Prime city-centre location close to Princes Street, Waverley Station, the Old Town and key landmarks
? Strong income potential supported by one of the UK's most resilient hotel markets
? Detailed operational forecasts are available on request from Knight Frank, reflecting a fully managed model with a projected 7.5%?8% EBIT in Year 1
With rising demand for high-quality aparthotel accommodation in central Edinburgh, 29 Albany Street represents a compelling long-term investment opportunity.
Full investment pack and financial forecasts available on request from Knight Frank.
*All images have been computer generated and are for illustrative purposes only*
Rateable value will be confirmed upon completion.
Forecasted completion Q4 2026.
29 Albany Street offers a boutique aparthotel located in Prime Central Edinburgh, just moments from the capital's key attractions, business districts, and vibrant cultural scene. Situated within the city's historic New Town, a UNESCO World Heritage Site, this elegant address is surrounded by grand Georgian architecture and cobbled streets steeped in history.
Guests are a short walk from Edinburgh's premier shopping and dining destinations, including Princes Street, George Street, Multrees Walk, and the St James Quarter. The area is also home to acclaimed restaurants, independent boutiques, and a lively nightlife scene, making it equally attractive to both leisure and business travellers.
With excellent transport links including Waverley Station, the city's tram network with direct airport access, the main bus station, and easy road connections, 29 Albany Street combines convenience with character. Edinburgh Castle, the Royal Mile, and the atmospheric lanes of the Old Town, also a UNESCO site, are all within easy reach.
Stylish, central, and exceptionally well-connected, this aparthotel represents a prime base for visitors seeking both comfort and an authentic Edinburgh experience.
Brochures
More DetailsBrochure - 29 Albany- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
29 Albany Street, Edinburgh, EH1
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Visit our security centre to find out moreDisclaimer - Property reference EBR012524410. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Knight Frank, Edinburgh. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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