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EXPERT ADVICE
E XPERT ADVICE

The best-performing postcodes for
Homes in the EH8 district were also strong performers during
property lets 2024’s second quarter, with properties here in high demand. EH8
offers a broad range of properties to suit renters from students
and young professionals to families, in areas incredibly close
Using the latest Citylets data and ESPC house price information, to the city centre and excellent local amenities.
Head of ESPC Lettings Nicky Lloyd shares the top Edinburgh
One-bedroom properties generated an average rental yield
postcodes for strong rental yields.
of 7.1%, while two-bed homes offered a healthy 6.5%. Ideal for
families or students, three-bedroom homes were also in high
demand, with an average yield of 6.8% for this property type.
hinking about getting involved in ‘good’, while anything above 6% is considered
property investment? The potential ‘very good’.
Trental yield for your property is one of
the most important factors to consider before We’ve analysed the latest rental data from
you take the plunge, along with the potential Citylets, looking at the second quarter of 2024
that the property will increase in value over (April-June) and combined it with ESPC house EH11 offered very healthy rental yields across the board, likely due
time, as this is how you can make money from price data, to uncover the best-performing to a combination of lower property prices and increased renter
your property. postcodes for property investment across demand. Just west of the city centre, EH11 covers up-and-coming
Edinburgh. Our analysis has revealed that communities as well as more established neighbourhoods,
A rental yield is the annual return you achieve four postcodes delivered the strongest results meaning it appeals to everyone from students and young
from renting out your home, and across the during the first quarter of 2024: EH3, EH8, EH11 professionals to families.
UK, the current average rental yield is between and EH12.
5% and 8% (according to Natwest). Anything In this postcode, one-bedroom and two-bedroom properties
around the 5-6% mark could be considered Let’s take a look in more detail... offered rental yields of 6.4% and 6.3% respectively, however,
three-bedroom properties performed exceptionally well, with a
yield of 7.8% - the best to be found in Edinburgh during this period.

This ever-popular postcode area continued to attract
strong interest across the market, especially from young
professionals and students seeking homes in these Homes in EH12 continued to perform strongly, proving popular
highly sought-after central neighbourhoods. with a range of renters, from young professionals to families.
Offering direct access to the city’s finest With excellent local amenities, first-rate transport links,
amenities and green spaces, alongside beautiful renowned schools and plentiful green spaces, it’s no surprise
architecture and the likelihood of an easy that this pocket of Edinburgh held strong appeal for tenants.
commute, EH3 has experienced considerable
demand from would-be tenants. One-bedroom properties had an average rental yield of
6.1%, while two-bedroom properties performed especially
One-bedroom properties in EH3 performed well, producing a yield of 6.6%. Three-bedroom properties
especially well during April-June, offering an generated an average yield of 6.3%.
average rental yield of 7.6%, while two-bedroom
properties generated a 6.2% yield, and three-bedroom
homes produced an average yield of 6.3%.
New Town 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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