Buy-to-Let in Edinburgh: Where to Look?
Looking for the best areas to buy-to-let in Edinburgh? This post’s for you…
Edinburgh is one of the best places to buy-to-let in the UK. With as many as six universities, a thriving commercial centre with over 50,000 businesses, and a growing population expected to reach 600,000 by 2033, it’s the ideal city for expanding your rental portfolio.
But if you want to maximise your income on a buy-to-let investment, you must choose the area carefully. So read on to discover the best locations for buy-to-let in Edinburgh.
Best Areas for Buy-to-Let in Edinburgh
EH16 – Liberton and surrounding areas
EH16 is a consistently popular area for buy-to-let in Edinburgh. Covering Liberton (and the neighbouring suburbs of Craigmillar, Peffermill and Niddrie), EH16 offers various residential properties.
Liberton is situated around three miles from the city centre, making it ideal for both professionals and students. Liberton High School, renowned for academic and sporting achievements, makes rental properties in this part of the city particularly sought after by families.
EH17 – Gilmerton, Moredun and Mortonhall
Benefiting from good access to the city bypass, homes in EH17 (Gilmerton, Moredun and Mortonhall) appeal to tenants who need to reach other areas of the city or venture further afield.
The area is also close to many of the University of Edinburgh’s buildings, making it popular with students.
EH11 – Try Dalry or Gorgie for Buy-to-Let in Edinburgh
Southwest of the city centre, EH11 covers Dalry and Gorgie. With excellent transport links, it’s no surprise that property here is popular with a wide range of tenants.
Homes in EH11 also tend to be more competitively priced, making it an ideal area for investment. And since this is an up and coming part of Edinburgh, you can expect to make a healthy ROI.
EH7 – Broughton, Hillside and Lochend
The area of Broughton is in high demand. Both young professionals and students enjoying its proximity to the city centre — but without the high housing costs associated with other areas.
Bars, restaurants, cafes, and delis line Broughton Street, making it a vibrant and highly sought after area. Property in Broughton, as well as neighbouring Hillside, tends to attract higher selling prices. For more competitively priced property, take a closer look at the area of Lochend.
EH8 – Newington and Canongate
EH8 is a fantastic location for students attending the University of Edinburgh, with Newington and Canongate both situated near university buildings and an array of bars, eateries, and shops. And with Holyrood Park and the Meadows right on the doorstep, there are plenty of green spaces to enjoy.
If you want to rent to students in Edinburgh, properties in the EH8 district should be your first port of call.
Buy-to-Let in Edinburgh with Cairn
According to the latest rental market data from Citylets and house price information from ESPC, properties in EH17 and EH8 were the best areas for buy-to-let investment in Edinburgh. Rental properties in these locations achieved an average gross rental yield of 6.1% during the final quarter of 2020.
Interested in buy-to-let opportunities in Edinburgh? Get in touch with our property investment experts to learn more about our approach and services.