South Charlotte Street

Renaissance identified the latent value in a former offices on South Charlotte Street, located near Charlotte Square in the heart of Edinburgh’s prestigious New Town. The property was sensitively converted into a well-appointed residential accommodation, taking full advantage of the building’s Georgian proportions, natural light, and high ceilings. The scheme reflects the company’s ability to reposition underutilised assets in high-demand urban locations, delivering strong long-term value and diversified revenue streams.

Following conversion, the flat was successfully operated as a licensed House in Multiple Occupation (HMO), serving Edinburgh’s robust student rental market. This phase of use demonstrated consistent occupancy, minimal voids, and reliable yields. Subsequently, the property was repositioned again as a short-term let, taking advantage of Edinburgh’s year-round tourism and festival economy. This adaptability showcases the flexibility of the asset and its resilience across different rental models.

Located within walking distance of Princes Street, George Street, and key transport links, the property combines period character with central convenience, an ideal offering for both long-term and short-term residential strategies. This enhances the value of established, compliant assets such as this one, positioning it as a rare and defensible investment in a high-demand, supply-constrained segment of the city’s residential market. This scheme exemplifies Renaissance’s strategic approach to urban regeneration and asset optimisation in prime heritage locations.

Tenure
Short Term Lets

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Park Gate Apartments