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Confidence in Edinburgh’s property market soars as exclusive residences in the heart of historic Old Town are launched to the market

Posted: 21st September 2020
  • Queensberry Properties unveils distinctive Edinburgh development, Waverley Square
  • 66 contemporary residential apartments, penthouses and mews, just off world-famous Royal Mile and within vibrant New Waverley destination

Multi-award-winning housebuilder, Queensberry Properties, is preparing to launch its landmark development, Waverley Square – featuring 66 contemporary residences in the heart of the Scottish capital, to the market from Monday 21 September.

Waverley Square is uniquely located between the iconic Royal Mile in the Old Town and Edinburgh Waverley train station. Part of the 7.5-acre/£240m New Waverley initiative, this vibrant new destination lies beside the capital’s finest boutique shops, bars and restaurants and just minutes’ walk from the city’s key landmarks and the world-renowned University of Edinburgh.

It is expected that this prestigious new development will attract strong interest from buyers both in and around Edinburgh, but also across the UK and beyond. The capital is home to some of the most dynamic financial and professional services sectors globally and boasts four highly-respected universities, including Edinburgh University which is ranked within the top 20 universities in the world.

Confidence in the Edinburgh property market remains very strong and long-term price growth forecasts demonstrate the capital’s resilience, making Waverley Square an ideal investment opportunity or a unique place to call home.  Selling agents for the development, Rettie & Co, anticipate that price growth for prime property in Edinburgh in 2021-23 could be up to 7% per year on average.

Scheduled for completions from Spring 2021, Waverley Square showcases 66 contemporary 1, 2 & 3-bedroom apartments, penthouses and mews, many with views across Edinburgh’s world-famous skyline, together with private basement parking, floor-to-ceiling windows, vast living spaces and a landscaped communal courtyard.

Sizes range from 603 sq ft for a one-bedroom apartment to 1690 sq ft for a three-bedroom galleried penthouse. The development has three striking penthouses in total – two spanning two-floors and a single storey penthouse, offering the most contemporary and luxurious residences in the heart of Edinburgh’s Old Town.

These exclusive apartments are perfectly positioned amongst the capital’s most sought-after postcodes with a wide range of amenities on the doorstep, quick links straight to the iconic Edinburgh Castle, the thriving city centre and the Scottish Parliament. Waverley station is only a 3-minute walk away, while Edinburgh Airport can be reached in as little as 25 minutes by car.

Hazel Davies, Sales & Marketing Director at Queensberry Properties said:

We are delighted to bring this highly-acclaimed new development to the market, set in arguably one of the world’s most desirable and historic locations. Waverley Square offers a wealth of amenities and unsurpassed connectivity right on the doorstep and is surrounded by striking architecture and a breath-taking city skyline, making it the ideal place to live, work and study.”

Calum Miller, Associate Director at Rettie, said:

“We are pleased to bring another prestigious Queensberry Properties’ development to market.  We are seeing soaring demand for new homes in Edinburgh, so it’s an exciting time to be able to offer our clients what we consider to be a truly unique residential offering in the heart of the capital.”

 The Waverley Square apartments will be available to reserve from 21st September, by appointment only, with prices available on application. Queensberry Properties’ virtual apartment selector system enables potential buyers to view the development with interactive technology that allows users to explore the location, experience the properties and download particulars. For more information on Waverley Square or to book an appointment for the launch, please call selling agents, Rettie & Co, on 0131 600 0210 or email waverleysquare@queensberryproperties.co.uk. Alternatively visit the website at waverley-square.com

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