Meanwhile rents in Edinburgh have, as expected, broken back through the £1000 mark and reached a new high of £1023 per month, up 5.2% on last year and slightly below the 3 & 5 year trend of circa 6%. The busy student season saw the large 3 & 4 bed properties record noteworthy TTL figures with 38% of 4 beds let within a week and 83% within a month, figures underlining the frenetic experience for those involved.
“The first quarter of 2017 has been very active. We have enjoyed high numbers of qualified applicants for apartments and houses who are keen to enjoy all the benefits of living in arguably Europe’s most exciting city. The demand to be within striking distance of Edinburgh city centre is being fuelled by the constant media buzz of just how special a place Edinburgh is to live. The arts, music, theatre, sports complimented by a thriving café/bar culture is driving people to experience that healthy work/social balance that in our opinion Edinburgh excels in providing.”
I am a Tenant Landlord
