diff --git a/src/ColorSchemeManager.h b/src/ColorSchemeManager.h
--- a/src/ColorSchemeManager.h
+++ b/src/ColorSchemeManager.h
@@ -88,6 +88,18 @@
     /** Returns the global color scheme manager instance. */
     static ColorSchemeManager *instance();
 
+    /**
+     * Returns @c true if a colorscheme with @p name exists both under
+     * the user's home dir location, and a system-wide location
+     */
+    bool canResetColorScheme(const QString &name);
+
+    /**
+     * Returns @c true if a colorscheme with @p name exists under the
+     * user's home dir location, and hence can be deleted
+     */
+    bool isColorSchemeDeletable(const QString &name);
+
 private:
     Q_DISABLE_COPY(ColorSchemeManager)
 
diff --git a/src/ColorSchemeManager.cpp b/src/ColorSchemeManager.cpp
--- a/src/ColorSchemeManager.cpp
+++ b/src/ColorSchemeManager.cpp
@@ -213,3 +213,33 @@
 
     return QStandardPaths::locate(QStandardPaths::GenericDataLocation, QStringLiteral("konsole/") + name + QStringLiteral(".schema"));
 }
+
+bool ColorSchemeManager::isColorSchemeDeletable(const QString &name)
+{
+    const QString path = findColorSchemePath(name);
+
+    QFileInfo fileInfo(path);
+    QFileInfo dirInfo = fileInfo.path();
+
+    if (fileInfo.exists()) {
+        return dirInfo.isWritable();
+    } else {
+        return true;
+    }
+}
+
+bool ColorSchemeManager::canResetColorScheme(const QString &name)
+{
+    const QStringList paths = QStandardPaths::locateAll(QStandardPaths::GenericDataLocation, QStringLiteral("konsole/") + name + QStringLiteral(".colorscheme"));
+
+    // if the colorscheme exists in both a writable location under the
+    // user's home dir and a system-wide location, then it's possible
+    // to delete the colorscheme under the user's home dir so that the
+    // colorscheme from the system-wide location can be used instead,
+    // i.e. resetting the colorscheme
+    if (paths.count() > 1) {
+        return true;
+    } else {
+        return false;
+    }
+}
diff --git a/src/EditProfileDialog.h b/src/EditProfileDialog.h
--- a/src/EditProfileDialog.h
+++ b/src/EditProfileDialog.h
@@ -132,6 +132,14 @@
     void editColorScheme();
     void saveColorScheme(const ColorScheme &scheme, bool isNewScheme);
     void removeColorScheme();
+
+    /**
+     * Deletes the selected colorscheme from the user's home dir location
+     * so that the original one from the system-wide location can be used
+     * instead
+     */
+    void resetColorScheme();
+
     void colorSchemeSelected();
     void previewColorScheme(const QModelIndex &index);
     void fontSelected(const QFont &);
diff --git a/src/EditProfileDialog.cpp b/src/EditProfileDialog.cpp
--- a/src/EditProfileDialog.cpp
+++ b/src/EditProfileDialog.cpp
@@ -533,6 +533,7 @@
 
     _ui->editColorSchemeButton->setEnabled(false);
     _ui->removeColorSchemeButton->setEnabled(false);
+    _ui->resetColorSchemeButton->setEnabled(false);
 
     // setup color list
     updateColorSchemeList(true);
@@ -556,6 +557,9 @@
     connect(_ui->newColorSchemeButton, &QPushButton::clicked, this,
             &Konsole::EditProfileDialog::newColorScheme);
 
+    connect(_ui->resetColorSchemeButton, &QPushButton::clicked, this,
+            &Konsole::EditProfileDialog::resetColorScheme);
+
     // setup font preview
     const bool antialias = profile->antiAliasFonts();
 
@@ -840,6 +844,12 @@
     }
 }
 
+void EditProfileDialog::resetColorScheme()
+{
+    removeColorScheme();
+    updateColorSchemeList(true);
+}
+
 void EditProfileDialog::showColorSchemeEditor(bool isNewScheme)
 {
     // Finding selected ColorScheme
@@ -923,7 +933,23 @@
 void EditProfileDialog::updateColorSchemeButtons()
 {
     enableIfNonEmptySelection(_ui->editColorSchemeButton, _ui->colorSchemeList->selectionModel());
-    enableIfNonEmptySelection(_ui->removeColorSchemeButton, _ui->colorSchemeList->selectionModel());
+
+    QModelIndexList selected = _ui->colorSchemeList->selectionModel()->selectedIndexes();
+
+    if (!selected.isEmpty()) {
+        const QString &name = selected.first().data(Qt::UserRole + 1).value<const ColorScheme *>()->name();
+
+        bool on = ColorSchemeManager::instance()->canResetColorScheme(name);
+        _ui->resetColorSchemeButton->setEnabled(on);
+
+        bool isDeletable = ColorSchemeManager::instance()->isColorSchemeDeletable(name);
+        // if a colorScheme can be restored then it can't be deleted
+        _ui->removeColorSchemeButton->setEnabled(isDeletable && !on);
+    } else {
+        _ui->removeColorSchemeButton->setEnabled(false);
+        _ui->resetColorSchemeButton->setEnabled(false);
+    }
+
 }
 
 void EditProfileDialog::updateKeyBindingsButtons()
diff --git a/src/EditProfileDialog.ui b/src/EditProfileDialog.ui
--- a/src/EditProfileDialog.ui
+++ b/src/EditProfileDialog.ui
@@ -481,7 +481,17 @@
             </property>
            </widget>
           </item>
-          <item row="3" column="1" rowspan="2">
+          <item row="3" column="1">
+           <widget class="QPushButton" name="resetColorSchemeButton">
+            <property name="toolTip">
+             <string>Reset the selected color scheme settings to the default values</string>
+            </property>
+            <property name="text">
+             <string>Defaults</string>
+            </property>
+           </widget>
+          </item>
+          <item row="4" column="1" rowspan="1">
            <spacer>
             <property name="orientation">
              <enum>Qt::Vertical</enum>