|
Edinburgh has historically led the way for Scotland’s property market.
History
Residents have been cashing in on booming property prices much longer than Glaswegians and are more in tune with the economic consequences of any improvements they make at home. Investors tend to be wealthy individuals. Edinburgh is traditionally more ‘Saville Row’ than Glasgow and has taken its cues from developments in England’s South East.
Tenant Preferences
The capital’s tenants favour a property’s practical aspects over anything else, in particular high spec, inconspicuous, non-brand items with a traditional appearance – although period room proportions allied to contemporary design are becoming more and more popular, as are balconies, roof gardens and private parking. Kitchens are chosen with an eye on enhancing a house’s resale value due to the city’s mature market and savvy consumers.
Who are the Tenants?
Edinburgh’s vast range of rental properties are being snapped up by couples and families who are fed up trying and failing to land their dream property. Many are choosing to take 6-month leases with the hope of the market cooling down during that time.
Prices
Expect to pay anything from a few hundred pounds per month for a modest one bedroom flat, to the other end of the market where you can rent a 5 double bedroom flat in Leith for about £12,000.
Articles
| 
