Edinburgh is the UK’s most attractive city to live and work in, according to a recent study commissioned by Royal Mail. The Scottish capital came first on education and performed well on job opportunities, business community, earnings and access to green space. So where are the best places to live in this popular city?
Choosing a Location
Edinburgh is a beautiful, vibrant city with stunning architecture, a vast array of cafés, bars and restaurants, superb shopping facilities, strong transport links, expansive green space and recreation areas, an excellent choice of schools and a lively cultural scene … widely acclaimed as the number one festival city in the world! The city undoubtedly has much to offer, but how do you decide where to live?
Location is paramount when buying a property and priorities will inevitably change over the years due to personal circumstances. House prices are heavily influenced by location and a well-chosen property location not only has the potential to enhance your quality of living, but it could also deliver greater financial return in the future when you are ready to sell.
Of course property in popular, well-established locations may not be affordable due to high demand, but newly-popular, up and coming areas are also worth exploring, bearing in mind that prices may be more volatile. Properties on the boundaries of more expensive areas are also worth considering as their prices may be lower than those at the very heart of a desirable area.
Where and Why?
There are so many great areas in Edinburgh and everyone will have their own take on what is desirable in a particular area, be it amenities, accessibility, green space, schools or a good investment prospect.
We asked members of our Property Sales Team to pick their favourite areas and let us know why. This is our shortlist, but there are of course many other desirable places to live within this great city!
Popular for its convenient location, just a short walk to the city centre and close to Inverleith Park and the Royal Botanic Garden, there are a number of small businesses in the area along with boutique shops, delicatessens, bustling bars and restaurants and a Sunday Market in Stockbridge. This largely residential area, well known for its village feel, consists of a range of traditional style properties, typically flats but also some villas and townhouses. Situated adjacent to the New Town, the area is seen as an excellent investment option. Sales tend to be quick, particularly given the current strength of the market, and there is a wide range of prices. It has been a popular area for a number of years and will continue to be one of Edinburgh’s most desirable places to live.
This area is popular for a number of reasons. Typically properties are traditional tenement flats which appeal to a wide range of buyers. Situated within a short distance of the city centre, Edinburgh University and two large parks (the Meadows and Holyrood/Arthur’s Seat), property in this area offers plenty of variety. In terms of investment, the area is very strong due to location and demand for tenement flats, as well as offering a variety of shops, bars and cafés. It is popular with students, given the proximity of University campuses, and properties provide a viable buy to let option.
Covering a wider radius, these three areas are closely linked and provide a variety of property types as well as prices. Roseburn is home to a number of property types, some traditional tenement flats, a few modern developments, some terraced housing as well as a few semi-detached properties closer to Roseburn Park and particularly as you move further into Murrayfield. Roseburn Primary School has a good reputation and Murrayfield Stadium is within walking distance. The Murrayfield area features a number of detached and semi-detached properties, some of which are at the top end of the Edinburgh market. It’s an excellent area with good transport links to the city centre and the airport.
Corstorphine, once a small village on the outskirts of Edinburgh and now a prosperous suburb, is also close to the city centre, although the furthest way of these three areas. Properties are mostly detached houses, many of which are bungalows, as well as a few flats and some terraced housing. There are good transport links with South Gyle and Edinburgh Park train stations close by, a tram link to the airport and multiple bus routes towards and away from Edinburgh city centre. Shops, cafés and restaurants are opening almost monthly. With Craigmount High School and Corstorphine Primary School being popular state school choices, the Corstorphine area is widely sought after by families.
Gorgie is an area that has seen significant demand of late and the vast majority, if not all property here, is flats. Popular for its proximity to the city centre, it is a more affordable option than the previously mentioned areas. There has been an increase in demand here, with properties in recent years regularly exceeding Home Report valuation, in some cases to a considerable degree. Popular for buy-to-let purposes, as well as a good option for first time buyers, Gorgie and Dalry are similar areas, though property in Dalry is slightly more expensive, and both are close to Fountain Park entertainment complex and Tynecastle Stadium. Polwarth is also a popular area with links to Harrison Park and the canal walkway, and has a number of schooling options. As an extension of Polwarth, Shandon has many traditional style properties and is also a popular location.
Leith consists of a number of sub areas and has always been a popular location in the Edinburgh market with a huge range of property styles, both traditional and modern. It has seen wide scale development in recent years including a large amount of new build properties. Leith is currently proving to be extremely popular from a sales point of view and generally you can get a little bit more for your money in comparison to most other areas of Edinburgh that lie close to the city centre. From a lifestyle point of view, some of Edinburgh’s best bars and restaurants are located in the Shore area and Ocean Terminal, Edinburgh’s waterfront destination, provides something for everyone, whether it is shopping, eating and drinking, cinema, gym or a visit to the Royal Yacht Britannia. There are good transport links and a walk along the Water of Leith is an option for those wanting to access the city centre on foot.
Ultimately there’s something for everyone in this great city! If you are about to begin your search for a new property and would like to find out more about which areas may suit you, or to discuss the buying and selling process, we will be delighted to help so please get in touch with us by calling 0131 202 5444 (Option 3) or by emailing [email protected].