Page 26 - ESPC Magazine Dec 2020
P. 26

AREA FOCUS

                                                                   Granton Harbour                                                                             Balerno

















        THE BEST AREAS IN EDINBURGH FOR
                   BUY-TO-LET PROPERTIES

          Using the latest rental data from Citylets and house price information from ESPC, we’ve
           identified the best areas for buy-to-let properties in Edinburgh based on rental yields.
                                                                                                                                                     Newhaven and Granton
                                                                                            EH16 – LIBERTON AND THE
       EH5 – GRANTON                        respectively. Three bedroom properties in       SURROUNDING AREAS
       Granton has grown in popularity with   this area had an average yield of 4.3%.       Covering the village of Liberton, and the
       students and young professionals in recent                                           nearby areas of Craigmillar, Peffermill and
       years, thanks to the presence of Edinburgh   EH11 – DALRY AND GORGIE TO SIGHTHILL    Niddrie, EH16 is a good place to purchase
       College and proximity to the trendy areas of   Running through Dalry, Gorgie, Stenhouse   a buy-to-let in Edinburgh. There have been
       Leith and Newhaven. Plus, excellent bus and   and Sighthill, the EH11 area is popular for both   many new build developments in this district
       cycle routes make accessing other parts of   young professionals and students. There are   which have proved popular with tenants, but
       the city a breeze.                   excellent bus services available to transport   house prices remain competitive.                                  Slateford
                                            residents to all areas of the city, including
       From July to September 2020, the average   Heriot Watt University.                   Between July and September 2020, the
       rental yield of a one bedroom property in EH5                                        average rental yield for one bedroom
       was 6.1% while two bedroom properties in   In EH11, from July to September 2020, one   properties in EH16 was 7.4% while it was 5.7%
       this area had a yield of 4.7%.       bedroom properties achieved a 5.0% yield,       for two bedroom properties and 5.4% for
                                            two bedroom properties achieved a 5.3%          three bedroom properties.
       EH14 –SLATEFORD TO JUNIPER GREEN,    yield and three bedroom properties achieved
       CURRIE AND BALERNO                   a 5.6% yield.                                   EH17 – GILMERTON AND MOREDUN TO
       Juniper Green, Currie and Balerno are nestled                                        MORTONHALL
       under the Pentland Hills, making the EH14                                            Easy access to the City Bypass makes living   If you’re thinking of entering the buy-to-let
       district a popular base for those who enjoy                                          in the EH17 area of the city an attractive   market, contact ESPC Lettings on landlord@
       spending time outdoors. There are also                                               prospect for those who need to commute to   espc.com or 0131 253 2847 for advice on the
       excellent schools in the area making it                                              other parts of the city or further afield on a   Edinburgh rental market.
       attractive for families.                                                             regular basis.
                                                                                                                                 The average gross rental yields in this article
       During the third quarter of 2020, the average                                        Two bedroom properties in EH17 achieved an   are based on rental data from Citylets and
       rental yields for one and two bedroom                                                average gross rental yield of 6.3% in the third   house price information from ESPC from July
       properties in EH14 were 5.9% and 5.1%   Sighthill Park                               quarter of 2020.                     to September 2020.


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