If you’re in Edinburgh for the Fringe Festival, why not take this opportunity to view some potential holiday rental or buy-to-let properties?
It’s a great source of income and Edinburgh is a fab place to buy. With the International Film Festival, Jazz & Blues Festival, Art Festival, Royal Edinburgh Military Tattoo, and International Festival, as well as the Fringe Festival happening around the city over summer, there is no shortage of people looking for a place to stay.
They are many different areas in Edinburgh that make it such a great place to buy. Your ideal tenant (or guest) will determine the area you should buy in. Here are just a few suggestions…
Voted the best suburb to live in Scotland. Its village feel and great location makes it a promising place to buy. Stockbridge boasts a great mixture of traditional and new build properties that vary in price. It’s a great place for families, professional couples and students and is ideal for those visiting the city thanks to its trendy vibe and close proximity to the city centre.
One of the most sought after areas when purchasing a property, the city centre is steeped in history. Offers plenty of restaurants, bars, cultural activities, sightseeing options and much more. A great investment all year round, but especially in the summer time. During the Fringe Festival you can expect to achieve an extremely healthy return!
Leith & The Shore
Leith & The Shore are up and coming areas of Edinburgh. Host to a professionals and families, as well as lots of unique and independent coffee shops and bars, Leith is a real hot-spot and should be top of your list when searching for a reasonably priced home for sale with fantastic rental potential.
An affluent area in the south of Edinburgh, just 15 minutes from Princes Street. Most of the properties in this area are Victorian or Edwardian buildings with a great deal of character. It’s a popular area with professionals and students as it has the Meadows right on the door step and is easy for commuting into the centre.
Known for consisting of Georgian townhouses and Victorian flats, and for being popular with Edinburgh University students. Newington is a great location to purchase a buy-to-let property as there are always new students moving into the area looking for accommodation. But Newington isn’t just for students. A real change has happened and the area is now the ideal spot for families, as well as holiday goers looking for great connections in and around the city.
The location itself has Arthur’s Seat on one side and the Meadows on the other, with the historic Royal Mile just a short walk away.
A very green region of Edinburgh, that plays host to many specialist shops, busy bars and trendy boutiques.
The perfect location for professionals as there are countless numbers of buses going to and from the city centre. The area is also popular with students with Edinburgh Napier University, Merchiston Campus being located here.
This historical area of Morningside is a popular place to live for professionals, families and students alike so you wouldn’t be short on opportunities for tenants. With a fantastic range of retail and food shops on your doorstep it’s like being in your own little bubble.