Page 30 - January 2024

EXPERT ADVICE INTERIORS INSIDER

The New Year
The best places to buy-to-let in Edinburgh

ESPC Lettings’ Nicky Lloyd reveals the postcodes offering Home Report
the highest rental yields.

I f you’re interested in becoming a landlord in Edinburgh, or in expanding your current We bring you the interiors trends

portfolio, knowing the best areas to invest in is key to success.

The latest rental data from Citylets, combined you need to know in 2024.
with house price information from ESPC, EH4: Stockbridge, Barnton, Cramond
shows that there were three postcodes in and Blackhall
Edinburgh that offered the best rental yields EH4 offers great access to the city, the f you’re considering a home makeover Anglepoise table lamp, £149.00,
during the third quarter of 2023. to mark the new year, we’ve got some
coast and green spaces, as well as fantastic Ifood for thought to help you hone your shop.nationaltrust.org.uk
schooling options and transport links, home interiors. After years of cottagecore,
making it a very popular choice. 70s retro-kitsch and jewel tones, 2024 is
EH3: New Town
bringing some fresh trends to the interiors
Properties here performed especially well, One-bedroom homes in EH4 provided scene, with everything from the return
as increasing numbers of tenants sought a rental yield of 6.5% during the third of 2000s minimalism to Italian-inspired
rental properties in the highly desirable quarter of 2023, while two-bedroom grandeur.
New Town. homes offered 7.2% on average, and
three-bedroom homes had an average Trends come and go, so it’s important to
One-bedroom properties in EH3 achieved yield of 6%. not take them too literally – instead, try a
an average rental yield of 7.3% during sprinkle of whichever trends tickle your
July-September 2023, while two-bedroom Nicky Lloyd, Head of ESPC Lettings, fancy throughout your home, to create a
properties offered 6.2%. Three-bedroom said: “Throughout 2023, Edinburgh’s look that feels distinctly ‘you’.
homes had an average yield of 5.9%. rental market continued to be under
staggering levels of demand, with many
more renters looking for homes than Quiet luxury
there were available properties. Even One of 2023’s biggest interior trends is set Stoneware vases, £45 for three,
EH12: Corstorphine and Murrayfield during traditionally quieter periods, we to continue into 2024, and it’s a great one cultfurniture.com
Homes in EH12 also performed strongly, are continuing to see huge demand for to bring into your home, whatever your
with properties here proving popular with homes in the city which we expect to see taste. In a nutshell, quiet luxury means
a range of renters. carry on into 2024. bringing in understated items that are
Wool throw, £79,
high in quality and offer a sumptuous, abodeliving.co.uk
In this postcode, one-bedroom properties “Properties of all sizes have seen a rise rich quality – think cashmere or merino
performed strongest, with an average in demand, but one-bedroom properties blankets, heavyweight curtains, thick rugs
gross rental yield of 7.3%, while two- have been especially popular, while two- and simple, unfussy accessories, in an
bedroom homes had a yield of 6.8%, and bedroom homes have experienced the elegant palette of navy, camel, terracotta,
three-beds offered 5.3% on average. largest rise in rental rates.” cream and beige. The key to quiet luxury
is buying the best quality you can afford –
this timeless trend ensures you’ll be using
these items for the long haul.
ESPC Lettings is an Edinburgh letting agent. We can help with marketing your rental property and finding the right tenants.
Contact the team on 0131 253 2847 or landlord@espc.com.
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