USP Compact and bijou

Sometimes you don’t need a great deal of space in a city pad. A pied-a-terre – literally a foot on the ground – in a central spot can open up a world of theatre or restaurant visits for rural dwellers, or serve as a place to rest your head after a day’s shopping.

Small city flats in a good location offer huge potential for letting through companies such as Airbnb and can be enjoyed by their owners when they aren’t making money from paying guests.

Small properties also offer the best yields with plenty of singles or couples on a budget not needing a huge amount of space in weekend bolthole.

Located in the heart of Edinburgh’s historic Old Town, the first floor property at No 4, Upper Bow has all the amenities and attractions of the Royal Mile on the doorstep.

The property benefits from attractive views and is full of charm.

The accommodation, though compact, is in excellent order throughout with quality fixtures, fittings and flooring.

The flat has been a rental property used for short-term accommodation but could easily be run as a holiday let

The accommodation comprises everything you need: an entrance hall, open-plan living room and kitchen with breakfast bar, foldaway table and sofa, a double bedroom and a fitted shower room.