30/01/2007
1 & 2 Royal Terrace, Edinburgh - A Gem in the Heart of the City
GRAHAM + SIBBALD, are acting on the instructions of a private client to sell a double townhouse comprising a total of 650.96 sq m (7,007 sq ft). This imposing residential development opportunity will attract wide interest. The Building is currently occupied by Tenon Chartered Accountants.
1 & 2 Royal Terrace occupy a prominent position within the impressive Royal Terrace, which remains a popular and highly desirable residential location. The property comprises a double townhouse over lower ground, ground floor, first and second floors, retaining many Georgian features.
The property, situated on the Eastern edge of the New Town, is within walking distance from Princes Street, George Street and also gives easy access to Waverley Railway Station.
Keith Watters at Graham + Sibbald comments, “Although the property is situated in the heart of the city, this location radiates an abundance of tranquillity. Royal Terrace is a prime example of the city’s New Town architecture with a tree-lined cobbled street and Royal Terrace Gardens to the front and the stunning Regent Gardens to the rear. The property will prove attractive to both owner occupiers and developers seeking to convert the subjects back to their original residential use.”
The property is Category A listed and lies within the New Town Conservation Area, and is also located in the World Heritage Site of Calton.
Royal Terrace was designed by architect William Henry Playfair in 1818 as part of the Calton Scheme. The Calton Scheme provided two long terraces. Royal and Regent, linked by Calton Terrace. Royal Terrace was completed in 1860 after Playfair’s death in 1857. 1 & 2 Royal Terrace are a tribute to Playfair who, more than any other architect, earned Edinburgh the title of ‘The Athens of the North’, and was key in shaping Edinburgh’s architectural soul.
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