Offers over £195,000
1 bed fourth floor flat for sale in Grassmarket
518 Websters Land, Grassmarket, Edinburgh EH1 2RX
- 1 bedroom
- 1 bathroom
- 1 reception room
- 420ft² / 39m²
- EPC rating C
- Council tax band B
- Freehold
Property highlight:
Central Old Town property with Castle views from communal balcony and prime location
Key features
- Bright kitchen/sitting/dining room
- Modern kitchen
- Bedroom with built-in storage
- Modern shower room
- Wonderful Castle views
- Fantastic central location
- Excellent storage provision
- Well-maintained communal grounds
- Electric heating
- Permit parking
Property description
Stunning fourth floor apartment quietly positioned within a well-established gated central development which is nestled under Edinburgh Castle. Located in the bustling and vibrant area of the Grassmarket, the flat enjoys local shops, restaurants and amenities on its doorstep, as well as being within walking distance of the West end of Princes Street.
Accessed via a secure gated entrance, the property offers bright and spacious accommodation with modern finishes throughout. The flat enjoys an open view across the shared central courtyard to Edinburgh Castle from the communal balconies.
Further benefits include an excellent level of storage provision and electric panel heating.
Location
The Grassmarket lies close to Edinburgh Castle, an area that is steeped in history with stunning architecture and renowned museums and national art galleries. The Grassmarket is host to many fine bars and restaurants and offers a unique way of life in the heart of Edinburgh's historic Old Town. The main shopping and commercial thoroughfares of Princes Street, George Street and St James Quarter are within easy walking distance and include major high street retailers, fine restaurants, fashionable bars and boutiques. The location is also very convenient for Edinburgh's financial sector in and around Lothian Road, Edinburgh University and The Edinburgh College of Art is also nearby. A wide selection of bus services is available nearby giving access to most areas of the City. For commuters, Waverley Station is a short walk away.
Management
The development is factored and maintained by Trinity Factors with the current annual fee being approximately £930. This covers the costs for the maintenance of the communal areas including the gardens and the blocks buildings insurance.
Extras
All fitted floor coverings, blinds, light fittings, integrated appliances - electric hob, oven & fridge and free standing washing machine are included in the sale price. No warranties or guarantees will be given in relation to appliances.
Viewings
By appointment contact VMH 0131 622 2626 (Option 1)
More information
Marketed by
Contact

Name: VMH Solicitors Limited
Phone: 0131 253 2964
Address: 8 Sibbald Walk, EDINBURGH, EH8 8FT
Email: property@vmh.co.uk
School catchments
* School catchment data is provided for information purposes only and ESPC UK Ltd does not accept any responsibility for the accuracy or completeness of the data. You should always contact the local authority responsible for the provision of education in a property's location, and more information on particular school catchment areas can be found via the links here.
Grassmarket, Edinburgh City Centre at a glance*
Average selling price
£336,255
Median time to sell
21 days
Average % of Home Report achieved
101.4%
Most popular property type
2 bedroom flat
* Sales statistics shown here are for the wider Edinburgh City Centre area, due to data availability. Figures are based on properties marketed and sold through ESPC. Home Report valuations relate to properties where the Home Report was available on espc.com. Figures relate to the 3 month period ending on 31 July 2026.
Useful calculators
Use our mortgage calculator to discover your monthly repayments. These estimates are provided as illustrative figures for guidance only. Consider seeking advice from a professional mortgage advisor.
Term on loan
Your monthly repayments would be £942
(or £731 if you are repaying interest only)
(or £731 if you are repaying interest only)
Property reference: E505852
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