Crosslane Student Developments, part of the Crosslane Group, said the £30.7 million development on a vacant site on Lutton Place, off South Clerk Street, will offer en-suite accommodation in cluster flats for between three and six people, as well as luxury studio accommodation.

Designed by JM Architects, the project will include flatted accommodation in a street facing five storey block with smaller mews properties to the rear.

Work is expected to begin immediately and is expected to complete in time for the 2017 academic year.

Jon Stewart, director at Crosslane Student Developments, said: “We pride ourselves on developing student accommodation in desirable locations to an excellent standard.

“One of the fastest growing city regions in Europe, Edinburgh is home to 47,000 students and continues to be a first choice city for prospective students looking for new, purpose-built facilities.

“The project has the additional benefit of expanding our Scottish footprint and building our portfolio of projects in the region.”