Page 30 - ESPC_Dec24
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IN THE NEIGHBOURHOOD

                      2025’s property hotspots

                                                                                                 Tzana Webster, Head of Estate Agency at Ralph Sayer
           Thinking of moving home in 2025? Our local experts share the locations
                        they think will be ‘hot property’ next year.                             “It’s definitely Granton – it’s the new Leith! With the consultation
                                                                                                 earlier in 2024 about extending the trams down to Granton,
                                                                                                 along with all the other investment happening nearby, Granton
         f you’re planning to move home in 2025,   the pipeline, or it’s simply become a trendy   is the place buyers want to be and want to invest in.”
         you might well be thinking about where   place to call home.
      Iyou want to relocate to. If you’re moving up
       the property ladder with investment in mind,   So, who better to advise on future property
       it’s always a good idea to consider locations   hotspots than our own local property experts?
       that are ‘up-and-coming’, with exciting   Read on to find out the need-to-know areas
       prospects in the future – whether that’s new   for those thinking of making a move in the
       transport links being built, new amenities in   new year...




       Amy Howard, Property Consultant at Neilsons
                                                                                                                                                        Granton Harbour
       “There are lots of areas to be excited about!
       Edinburgh is an incredible city offering an                   Newhaven
       exceptional quality of life and a grand variety
       of property styles, and it’s undergoing a                                            Paul Hilton, CEO of ESPC
       significant  phase  of  expansion.  Our  focus
       would be those areas along the tram lines;                                           “For some time now, Edinburgh has had   Portobello is also likely to remain a hotspot;
       South Gyle offers superb local amenities,                                            several neighbourhoods that are ever-popular.   demand rocketed in this neighbourhood
       with the Gyle Shopping Centre, Hermiston                                             These places are often in great locations,   post-Covid, and there seems to be no slowing
       Gait, sports facilities, destination eateries and                                    with a scarcity of available properties, and   down in demand.”
       excellent transport links, including trains, trams                                   no availability of land to increase the supply,
       and buses, fast access to the airport and to the                                     ensuring demand remains high.
       bypass and motorway network. It’s also soon                                                                                  Portobello
       to be home to the brand new Edinburgh Arena,                                         If we look ahead to where we think might
       with construction beginning in 2025. The easy                                        be popular in the year ahead, there are a
       access to the city and beyond means it’s a   amenities popping up all the time. The area   few exciting options on the horizon. Leith is
       great spot for first-time buyers, who’ll find they   has a vibrant cafe culture, waterfront pathways   always one of the places where we see the
       get more space for their money, with a good   for walking, jogging and cycling, and a good   highest  volumes of property  listings  and
       mixture of housing styles, from flats through   selection of housing styles to suit every budget.  sales, and with the extended tramline now in
       to detached houses.                                                                  place, the future looks very bright for Leith.
                                            “We’ll also be watching with interest the impact
       “At the other end of the tram line, Newhaven   of VAT being added to private school fees will   Gorgie still represents good value, and with its
       and Granton offer much to be excited about!   have in a city where over one in four children   proximity to the city centre and the tram, and
       Neighbouring Ocean Terminal is currently   are privately educated; we may well see a spike   with Haymarket continuing to redevelop, it’s
       undergoing much-needed redevelopment as   of interest in family homes in areas with high-  a great place for first-time buyers to invest in.
       part of a £250 million investment in Leith’s   performing state schools, meaning it could be
       waterfront, and the tram extension has made   a very good time for downsizers looking to part
       the  area  vastly  more  accessible,  with  more   with their larger family homes in such areas.”  Ready to begin your property journey? Head to espc.com today to get started!

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