3 bed flat for sale

51/2 Rose Street North Lane, New Town, Edinburgh EH2

Built in 1788 and situated in the heart of Edinburgh city centre, this bright and well-proportioned second-floor flat offers three double bedrooms and generous open-plan living space. Previously operated successfully as a rental property with an HMO licence in place until July 2027, the flat is now ready for its next chapter, offering flexibility for a range of prospective purchasers.

The spacious south-facing open-plan sitting room, dining room and kitchen is flooded with natural light. Practical laminate flooring runs throughout, with ample space for a comfortable lounge area and a separate dining area. A fireplace provides an attractive focal point, while recessed shelving offers useful display and storage space. The kitchen is incorporated into the open-plan layout, creating a sociable and practical living space. White goods include an electric hob, oven, washing machine, fridge and freezer.

There are three bright double bedrooms, with bedroom one benefiting from fitted wardrobes. The bathroom is fitted with a WC and wash hand basin, while a separate shower room, with a generous shower enclosure, provides additional convenience.

The property is ideally placed for the city’s green spaces, including the historic New Town Gardens, Calton Hill and Princes Street Gardens at the foot of Edinburgh Castle. Residents’ permit-holder parking is available within Controlled Parking Zone 1A.

The Local Area

Rose Street is one of the most charming and characterful streets in Edinburgh, tucked neatly between the grand thoroughfares of Princes Street and George Street in the city's New Town district. Unlike its wider, more formal neighbours, Rose Street is a narrow, pedestrian-friendly lane known for its lively, intimate atmosphere. Lined with traditional pubs, independent shops, cafes, and restaurants, the street has long been a social hub for both locals and visitors. Many of its pubs have a distinctly Scottish character, offering local ales and whiskies, while street performers and outdoor seating areas often add to its vibrant feel, especially during the warmer months and festival season. Architecturally, Rose Street reflects the Georgian elegance typical of Edinburgh's New Town, with stone buildings that give the street a timeless, historic charm. Despite its central location, it feels more relaxed and less hurried than the surrounding main roads, making it a popular place to stroll, dine, or enjoy a quiet drink. Overall, Rose Street captures a more intimate side of Edinburgh-where history, hospitality, and everyday city life come together in a uniquely welcoming setting.

Extras

All fitted carpets and floor coverings, light fittings and kitchen appliances are included in the sale. The furniture is available by separate negotiation if desired.

Viewing

By appt with Coulters

EPC Rating

EPC rating: C