Page 18 - ESPC July 2022
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EXPERT ADVICE PENNYWELL LIVING BY URBAN UNION
COMING SOON
The best property postcodes for
Edinburgh investors
A selection of 2, 3 & 4 bedroom homes and 1 & 2 bedroom apartments.
Using the latest rental data from Citylets and house price information
from ESPC, Head of Lettings Nicky Lloyd shares the best areas for
buy-to-let property in Edinburgh.
f you’re considering investing in buy-to-let, EH8: Holyrood, Abbeyhill and Willowbrae
the location of your property is probably the EH8 offers an ideal investment opportunity,
Imost important factor to think about. A great with this locale becoming popular with families
location can attract quality tenants and higher and young professionals. EH8 offers great
rental rates but is usually a more substantial access to the city, the coast and green spaces,
initial outlay. with plentiful amenities and excellent transport
links, making it a very popular choice for a wide
Understanding the kind of yield your property variety of tenants.
can expect is key to making a great investment
– so, combining the latest rental data from Three-bedroom properties offered an average
Citylets with ESPC’s house price information, we gross rental yield of 6.4% during January-March
can reveal the three postcodes that provided 2022, while two-bedroom homes provided a
the strongest rental yields during the first three yield of 5.2% and one-beds achieved 4.8%.
months of 2022.
EH12: Corstorphine, Murrayfield and
EH5: Granton, Pilton and Wardie Hermiston
Properties in up-and-coming EH5 performed Homes in EH12 are proving popular with a range
well, as increasing numbers of young of renters. Located to the west of the city centre,
professionals and students sought properties in this postcode offers a variety of homes suited
this traditionally more affordable area. Boasting to students, young professionals and families
great access into the city centre as well as being looking for a home close to good schools
close to Leith, Trinity and Newhaven, where the and green spaces, plus it offers excellent local
forthcoming tram extension is set to increase amenities and first-rate transport links.
popularity even more, these locations have
seen notable renter demand.
In this postcode, one-bedroom properties
performed strongest, with an average gross
One-bedroom properties in EH5 achieved an rental yield of 6%, while two-bedroom homes
average rental yield of 6.4% during January- had a yield of 5.1%, and three-beds offered
March 2022, while two-bedroom properties 4.8% on average.
offered a yield of 4.5%.
Find out more about our award winning specification
Contact Irene on 07940 992182 or register your interest
ESPC Lettings is an Edinburgh letting agent. We can help with marketing your rental property and finding the right tenants. at pennywellliving@urbanunionltd.co.uk
Contact the team on 0131 253 2847 or landlord@espc.com.
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