Page 17 - ESPC_Mar25

EXPERT ADVICE
The best postcodes for property investment

Nicky Lloyd, Head of ESPC Lettings, reveals the Edinburgh postcodes that Homes in the EH8 district were also strong performers during 2024’s
offered the best return on your investment in the last quarter of 2024. fourth quarter, with properties here in high demand across a range
of renters. Covering areas including Meadowbank, Willowbrae,
Abbeyhill, Holyrood and stretching into Newington and the Old
he final quarter of 2024 was Once again, one-bedroom properties Town, EH8 offers a broad range of properties to suit renters
interesting, in that average rental performed very well during the period of from students and young professionals to families, in areas
Trates fell slightly compared with Q3. October-December 2024, achieving an incredibly close to the city centre.
The average time to let was slightly slower average rental yield of 6.4%, highlighting
than the previous quarter, giving tenants continued demand from young One- and two-bedroom properties were especially sought-after,
a little more time to find their next home. professionals and students searching for a with both delivering average rental yields of 6.6%, while three-
Despite this, demand remains strong home in Edinburgh. bedroom family homes reported an average yield of 6.2%.
in the capital. With the announcement
in early December regarding the Let’s take a look at the areas that
immediate increase of Additional Dwelling performed best in terms of average
Supplement from 6% to 8%, it’s clear that rental yields.
expert insight from a quality letting agent The EH11 postcode area returned particularly good rental yields which
is now more important than ever.
are driven by a combination of relatively low property prices and
rising demand from renters. Located west of Edinburgh’s city
centre, EH11 includes areas Gorgie, Dalry, Polwarth, Shandon and
Slateford and appeals to a range of renters, including students,
Homes in the heart of the city, in the prime EH1 postcode (covering
the Old Town and around Princes Street), generated a very strong young professionals, and families.
rental yield for investors. Offering unbeatable access to everything
that makes Edinburgh so famous, properties in this area have In this area, one-bedroom and two-bedroom properties
experienced considerable demand from prospective tenants. delivered rental yields of 6.2% and 7% respectively. Notably,
three-bedroom properties excelled with a significant yield of 7.7%,
One-bedroom properties in EH1 offered an average rental yield the second highest in the city during this timeframe.
of 6% during October-December, while two-bed homes provided
a substantial 6.4% yield.

During Q4 2024, the EH12 postcode, which includes areas such as
Corstorphine, Murrayfield, and Saughtonhall, demonstrated a
Properties in EH5, which includes the increasingly popular Trinity and strong performance. The area offers excellent local amenities and
Granton, offered an excellent opportunity for investors. On the northern great transport connections, along with good schooling options.
coast of the city, elegant Trinity has long been popular due to its good
schooling, plentiful green spaces and easy access to the city with Average rental yields in the area were impressive: one-bedroom
excellent bus and tram links. Granton has been feeling the impact properties excelled with 8%, the highest in Edinburgh during
of significant investment in the area and has rapidly become more Q4 of 2024, while two-bedroom properties and three-bedroom
appealing than ever with young professionals. properties both delivered an average yield of 6.1%.

One-bedroom properties in this postcode area offered an
average rental yield of 7% during October-December, while two-
bedroom properties also did well, with a yield of 6.9%.
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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