45/4 York Place, Edinburgh, EH1

Situated in an incredible location, this one bedroom property lies in the heart of Edinburgh’s New Town, a UNESCO World Heritage site and benefits from a bright interior with two skylight windows. It is in close proximity to a range of amenities and has excellent public transport connections as it is situated beside the York Place tram stop.

Subject to approval of a short term licence, the potential rental income would be approximately £50,000 per year which is a return of 7.5% based on home report value. As a long term let, the property can achieve approximately £1600 per month, generating a yield of 5.5%.



Accessed via secure communal entry and located on the second floor, this two storey property comprises; entrance vestibule with large storage room and stairwell leading to the main accommodation; landing with two integrated storage cupboards and a skylight window allowing plenty of natural light to penetrate the property; an open plan kitchen/sitting/dining room with a bespoke fitted kitchen comprising base and wall units, quartz work surfaces and integrated appliances throughout, as well as a tiled splashback; principal double bedroom with eaves storage and plenty of space for freestanding furniture; finally a three piece part-tiled bathroom completes the accommodation comprising WC with integrated cistern, basin and dual aspect (both handheld and rainfall) shower over bath, as well as benefiting from underfloor heating. Furthermore, there is additional storage space in the loft and access to a rear communal patio garden.

Additionally, the property benefits from a neutral modern interior with herringbone flooring found throughout the accommodation. There are two skylight windows, as well as additional sash windows and spotlight lighting can be found throughout. It is centrally heated through an electric boiler, and has a plumbed utility cupboard situated off of the hallway. There are excellent public transport connections, and there is on-street permit parking under Zone 2 found on surrounding streets.

A UNESCO World Heritage Site characterised by striking Georgian and neo-classical architecture, cobbled crescents and beautiful private gardens, the New Town promises the ultimate city lifestyle. While bustling Princes Street and George Street are lined with high-street stores and luxury retailers, the area is also home to a rich array of independent shops and boutiques, exclusive art galleries and designer studios, plus an endless choice of artisan coffee shops, bars, restaurants and eateries. It is also considered the cultural mecca of the capital, with the National Portrait Gallery and Scottish National Galleries, as well as the Edinburgh Playhouse all in the vicinity. At the heart of the city, the New Town nevertheless encompasses some of the capital’s most cherished public parks and green spaces, including the world-renowned Royal Botanic Garden. Locals enjoy fantastic public transport services, including a vast network of buses travelling across the city, the tram terminus on York Place, which provides a swift and easy route to Edinburgh International Airport, as well as national rail travel from Waverley station.

All appliances (both integrated and free standing) are included in the sale. No warranties or guarantees will be provided.

Please note, some images have been virtually staged with the use of AI – these images are solely for illustrative purposes.

Under the HMRC Anti Money Laundering legislation, all offers to purchase a property on a cash basis or subject to mortgage require evidence of source of funds and required to produce proof of identity and proof of address. This is acceptable either as original or certified documents. By submitting an offer for acceptance, you agree to this condition and are happy for DJ Alexander to contact you for these purposes.

EPC: D
Council Tax: E - £2788.09 inclusive of water and sewage* (*based on 2025/2026 tax year) - The City of Edinburgh Council
Tenure: Freehold
Electricity Supply: Mains connection – electric meter and consumer unit located within the hallway
Water Supply: Scottish Water
Sewerage: Scottish Water
Heating: Electric central heating boiler and radiators, with underfloor heating in the bathroom
Broadband: 1000 MBPS (Potential download speed)
Mobile Signal/Coverage: Full 4G and potential 5G outdoor coverage
Parking: On street permit and pay-and-display parking is available on surrounding streets under zone 2 (Permits obtained upon application to The City of Edinburgh Council and payment of fees)
Factor: Redpath Bruce at an approximate cost of £40 per month.
All statements contained herein are believed to be correct but are not guaranteed and interested parties must satisfy themselves as to their accuracy.