First time buyer areas in and around Edinburgh
Purchasing your first home is exciting but there are a lot of different factors to consider, including where you would like to buy. When choosing an area, you need to factor in your budget and whether it’s a good investment if you choose to sell it in the future.
We’ve highlighted some of the hotspots for first time buyers in the capital, but also areas further out of the city that are great for first time buyers.
And if you're looking to buy your first home, make sure to enter our first time buyers' prize draw to be in with a chance of winning £3,000 towards your first home deposit - the winner will also get free conveyancing from one of the participating ESPC solicitor estate agents.
Flats in Leith
Leith Walk, Easter Road, Pilrig and Bonnington have proved to be particularly popular first time buyer areas, benefiting from easy access to the city centre and a plethora of shops, bars and restaurants in the area. There are also large volumes of one and two-bedroom flats available. Our April 2019 House Price Report indicated that the average selling price of a one bedroom flat in these areas was £145,129.
Flats in Dalry
The neighbouring areas of Dalry, Gorgie, Slateford and Chesser are also hotspots for first time buyers, with excellent transport links to the city centre and lots of local shops and restaurants. The average selling price of a one bedroom flat in these areas between February 2019 and April 2019 was £154,379.
Flats in Abbeyhill and Meadowbank
Lying to the east of the city centre, the areas of Abbeyhill and Meadowbank have always been traditionally popular areas for first time buyers. With the lovely green space of Holyrood Park and Arthur’s Seat located nearby, it’s not hard to see why. There’s a mix of properties available, including lots of one and two-bedroom flats. Our April 2019 House Price Report showed that the average selling price of a one bedroom flat in these areas is £171,223.
Flats in Musselburgh
The seaside town Musselburgh, in East Lothian is a great option for those looking to get on the property ladder as there are several smaller flats and houses available at lower prices compared to districts near the city centre. Additionally there are excellent bus, train and road links into Edinburgh. From February to April 2019, the average price of a two bedroom flat was £154,027.
Flats in Dunfermline
The historic town of Dunfermline is ideally placed for commuting into the City. The last 12 months have seen a host of new bars and restaurants open as it becomes more popular. From February to April 2019, the average selling price of a two bedroom flat was £100,650.
Flats in Penicuik
Penicuik is situated midway between Edinburgh and Peebles and offers great transport links. It also benefits from proximity to the Pentlands and the Borders, making it ideal for first time buyers who love the countryside and outdoors.
Flats in Broxburn
Broxburn is located in West Lothian and offers great road and rail links to Edinburgh so it's ideal for commuters. Plus, there are a number of local amenities in Broxburn itself and the neighbouring town of Uphall, and the towns of Livingston and Linlithgow are easily accessible.
Information on buying your first home
If you’re looking for advice about purchasing your first home, legal and financial experts offer free property advice at our Information Centre every day.
Alternatively check out our helpful first time buyers' guide for more information on the buying process.