If you’re thinking of investing in buy-to-let property in 2023, it’s important to know where in Edinburgh you will get the best return on your investment. Location is perhaps the most important factor to consider when making this kind of investment, followed by the size of property you choose to purchase – so it’s essential that you make an informed decision.

Using the latest rental data from Citylets and house price information from ESPC, Nicky Lloyd, Head of ESPC Lettings, shares insights into the three best postcode areas in Edinburgh for buy-to-let property investment, during April-June 2023.

EH8: Holyrood, Abbeyhill and Willowbrae

Popular with growing families and young professionals alike, EH8 is an area that offers excellent investment opportunity.

Ideally situated between the city centre, the coast and the lush green spaces of Holyrood Park, this area offers something for everyone – along with a thriving local community feel, plenty of independent businesses and excellent transport links. It’s easy to see why this location is so popular with a wide range of tenants.

Three-bedroom properties in the EH8 area performed best overall in Q2 2023, offering an average gross rental yield of 7.7%. One-bedroom and two-bedroom properties both reported average rental yields of 5.8%, making this a wise choice of location for future property investment.

Search all properties for sale in EH8.

EH11: Gorgie, Sighthill and The Calders

Properties outside of the city centre have increased in popularity in recent years, meaning that these locations are now a more solid investment opportunity for landlords. The communities making up EH11 are a particularly good choice, as they offer fantastic transport links via bus, train or tram, and are traditionally more affordable than areas closer to the city centre, making them popular with students and young professionals in particular.

Three-bedroom properties in EH11 achieved an average gross rental yield of 7.4% during the second quarter of 2023, while two-bedroom properties reported a 6% yield, and one-bedroom homes a yield of 6.1%.

Search all properties for sale in EH11.

EH12: Corstorphine and Murrayfield

Rental properties in EH12 performed strongly during the second quarter of 2023, with a variety of property sizes and types appealing to a wide range of tenants.

Positioned west of the city centre and offering excellent transport links, as well as access to fantastic local amenities, good schools and green space, properties in EH12 appeal to renters ranging from students to young professionals and families.

One-bedroom and two-bedroom properties in EH12 both reported an average gross rental yield of 6.1% during Q2 2023, while three-bedroom properties had a yield of 5.8%.

Search all properties for sale in EH12.

Contact us

If you are a landlord who is looking for an agent to help manage your rental properties, or you're a tenant looking for a new rental home, don't hesitate to contact ESPC Lettings, who would be delighted to help. Get in touch on landlord@espc.com, call 0131 253 2847 or by using the contact form