Page 32 - October 2023

EXPERT ADVICE IN THE NEIGHBOURHOOD

The best Edinburgh postcodes for landlords The best areas for

Nicky Lloyd, Head of ESPC Lettings, reveals the top-performing first-time buyers
postcodes for property investment.

f you’re investing in buy-to-let property, it’s Using the latest rental data from Citylets and
house price information from ESPC, here are
important to know where you’ll get the best
Ireturn on your investment. Location is the the three best postcode areas in Edinburgh
most important factor to consider, followed by for buy-to-let property investment, during Dunfermline
the size of property, so it’s essential to make an April-June 2023.
informed decision.
EH8 EH11 EH12
Holyrood, Corstorphine
Abbeyhill and Gorgie and and Murrayfield
Willowbrae Sighthill
Popular with growing Fantastic transport links Appeals to all renters: Planning on your first property purchase? Here are
families and young and affordable. students, young professionals the hotspots you need to know.
professionals. and families.
f you’re hoping to buy your first property considered everything from local amenities to
in the coming months, the most important transport links, so you can be sure that these
5.8% rental yield 6.1% rental yield 6.1% rental yield
Ithing after knowing your budget, is areas offer everything you could want for life
knowing where you want to live. Deciding on in your first purchased property.
an area to live in can be difficult, as it’s a huge
commitment, but having a firm idea of your Dunfermline
preferred location can make your search for
5.8% rental yield 6.0% rental yield 6.1% rental yield Scotland’s newest city Dunfermline has much
the perfect property quicker and easier. Just to offer for first-time buyers, and all at a bargain
make sure you’ve done all your research to price. The average selling price for a one-
know that the location you’re looking at offers bedroom flat in the city is just £95,532, making it
everything you need, inside your top budget. the most affordable option on our list. Offering
7.7% rental yield 7.4% rental yield 5.8% rental yield excellent local amenities including shops, bars,
We’ve taken a look at ESPC data to bring you restaurants, parks and museums, plus quick
a list of the best locations for first-time buyers, and easy access into Edinburgh, Dunfermline
where you can purchase a one-bedroom is a very budget-friendly choice for first-time
ESPC Lettings is an Edinburgh letting agent. We can help with marketing your rental property and finding the right tenants. flat for under £200,000 on average. We’ve buyers searching for a bargain.
Contact the team on 0131 253 2847 or landlord@espc.com.
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