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2 bed flat for sale Gloucester Lane, New Town, EH3

Offers Over

£390,000

Added on 30/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £455 per sq ft
Tenure: Ask agent

Council tax Band A £1,084 a year

Key features

Prestigious New Town location on a charming cobbled mews lane
Beautifully presented main door mews property
Finished to an exceptional standard throughout
Bright sitting room
Dining kitchen
Two double bedrooms with built-in wardrobes
Gas central heating & traditional sash and casement windows
On-street permit parking (Zone 1A)

About this property

The accommodation begins with a welcoming entrance vestibule leading into an inner hallway, complete with a useful storage cupboard and staircase to the first-floor accommodation. The upper landing benefits from a skylight, creating a bright and airy atmosphere, together with an additional storage cupboard.

The sitting room provides an inviting space for both relaxing and entertaining, while the stylish dining kitchen is fitted with an excellent range of wall and base units, complementary tiled splashbacks, integrated appliances and ample space for a dining table.

Floorplan

Council tax

Band A £1,084 a year

Per year

Band A

This home: £1,084
Band B

£1,265
Band C

£1,445
Band D

£1,626
Band E

£2,136
Band F

£2,642
Band G

£3,184
Band H

£3,984

This home is in band A, which costs £1,084 a year in City of Edinburgh for 2026/27.

Figures from the Scottish Government (Open Government Licence v3), before the water and sewerage charges billed with council tax. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on the Scottish Assessors.

Price guide

100 comparables · within 1.8 miles

Priced above 64% of the 2-bed flats for sale nearby right now.

This home, £390,000 Median £325,000 · £209,000 – £554,500

Per square foot

£455 3% over

2-bed flats nearby £440

Compared with 100 2-bed flats for sale within 1.8 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Gloucester Lane, New Town, EH3

Open map Street View

Mortgage and LBTT

Property price £390,000

£195k £585k

Deposit10% £39,000

£0 £390k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £351,000 mortgage. Most lenders would want a household income of about £78,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.