Serviced studio apartment for sale

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Serviced studio apartment for sale

29 Albany Street, Edinburgh, EH1
£7,500,000

Our Summary

  • Planning approved, with construction commencing in Q3 2025 and completion due Q4 2026
  • 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

Description

Knight Frank presents a rare opportunity to acquire a fully consented, 17-unit aparthotel in Edinburgh's prestigious New Town. The A-listed Georgian townhouse, with a modern rear extension, offers a unique blend of period elegance and contemporary design. The aparthotel features a mix of classic rooms, executive suites, and family units, with some self-catering facilities, appealing to both leisure and corporate guests. The property offers a forward commit opportunity with bespoke branding and operational flexibility, and is expected to complete in Q4 2026. With a prime city-centre location, strong income potential, and detailed operational forecasts available, 29 Albany Street represents a compelling long-term investment opportunity in one of the UK's most resilient hotel markets.