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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
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Description
A fully consented, 17-unit aparthotel in Edinburgh's prestigious New Town is available for acquisition. The property, an A-listed Georgian townhouse with a modern rear extension, features a mix of classic rooms, executive suites, and family units, some with self-catering facilities. The high-specification finish includes energy-efficient systems and a predicted EPC rating of B, offering substantial operational savings.
The property has three restored under-pavement cellars for plant, storage, and services. It is located on Albany Street, close to Princes Street, Waverley Station, and key landmarks, with a prime city-centre location. The aparthotel has a predicted completion date of Q4 2026.