Edinburgh attracts millions of visitors from across the globe annually, so it comes as little shock that even the most modest accommodation in Scotland's capital can leave a sizeable dent in your wallet. A couple of nights' stay can easily run into hundreds of pounds, with costs skyrocketing exponentially during major occasions like Hogmanay or the Festival Fringe.

That's why one TikToker left viewers gobsmacked after discovering a hotel within walking distance of the city's premier landmarks for a mere £49.50 per night. Spencer Lyon, who has 135,000 followers on TikTok, where he routinely dishes out bargain-hunting tips, booked a room at the Edinburgh House Hotel.

Kicking off the video, Spencer approaches the hotel on Pilrig Street before walking into reception. "Oh my goodness, this is like Fawlty Towers," he remarks. "Amazing."

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Moving along, Spencer proceeds to check in and is asked for a £100 security deposit. Locating his room, Spencer steps inside to discover not one but two beds - a double alongside a single, reports Edinburgh Live. "I feel like the three little bears for some reason," he says.

Inspecting the all-important tea and coffee facilities, he comments: "I'm liking how close it is to the pillow so I can boil the kettle with my ear. Loads of options. No shortbread biscuits, that's a shame."

Spencer gazes through the window at the view - predominantly overcast skies - before shifting his focus to the telly, remarking: "Teeniest TV in the game, but I'm not paying to sit and watch TV am I?" He then inspects the bathroom, noting the toilet is tucked away round a corner, before bouncing on one of the beds - after removing his shoes, naturally.

He also draws attention to a modest clothes rail mounted on the wall, observing: "There's no wardrobe in here, it's just hang it on the top just there." Wrapping up, he notes: "This was a last little minute endeavour 'cos I've not been booking them on the go. But yeah, this was £49.50."

Viewers shared mixed opinions in the comments section. One wrote: "That's better than I expected. The deposit is a little expensive. Could have stayed at easyHotel in centre for probably same price."

Another commented: "£100 refundable deposit for a £50 hotel is mad to me. Literally just stayed in Edinburgh end of November in a modern hotel that was like £120 a night and was only a £50 refundable deposit. Like, what in that room is costing them £100 to get it fixed or replaced besides the TV and even then they can get it cheap enough in charity shops."

However, another responded: "I mean.. you get the £100 back and you'd be shocked at the amount of damage that inconsiderate guests can cause. This just gives the owner some peace of mind and you get the money back anyway so I don't see the issue."

Others were taken aback by the price. One commented: "Very cheap for Edinburgh. Looks perfectly acceptable." Another posted: "That's ridiculously cheap for Edinburgh rates." Whilst someone else remarked: "Looks absolutely fine, for £50 it's decent."

The Edinburgh House Hotel presently holds a rating of 2.5 out of five on Tripadvisor. A quick online search reveals rooms at the establishment begin at a mere £38. The hotel's description on Tripadvisor states it "offers a budget-friendly setting with an array of amenities designed for travellers like you." It notes the renowned Royal Mile sits within a 1.3-mile stroll, alongside other prominent attractions in close proximity.

True to its 2.5 rating, guest feedback proves divided. One branded it "run-down and poorly maintained". "Room was in an awful state of disrepair," they claimed. "Happy with basic accommodation but this fell well below that standard. Endless list of faults and damages in the room we stayed."

However, another guest countered: "Clean and tidy place, beds very comfortable had a great night sleep. Bit dated but I would stay again."