Edinburgh-based property portal ESPC has identified the top-performing postcodes for rental yields in the city for the second quarter of 2024.
Leveraging the latest rental data from Citylets and house price information from ESPC, four key postcodes have emerged as the best areas for buy-to-let investors.
EH3: the heart of edinburgh offers top yields
The EH3 postcode, which covers Edinburgh’s prestigious New Town and West End, was a standout performer in Q2. This iconic part of the city, known for its stunning architecture and proximity to key amenities, has seen high demand from professionals seeking central locations.
One-bedroom properties: 7.6% yield
Two-bedroom properties: 6.2% yield
Three-bedroom properties: 6.3% yield
EH8: broad appeal and strong returns
EH8, covering areas like Meadowbank, Holyrood, and parts of Newington, remains popular with a wide range of renters, from students to families, thanks to its close proximity to the city centre and excellent local amenities.
One-bedroom properties: 7.1% yield
Two-bedroom properties: 6.5% yield
Three-bedroom properties: 6.8% yield
EH11: up-and-coming areas drive yields
Postcode EH11, encompassing Gorgie, Dalry, Polwarth, and Shandon, offered some of the most impressive rental yields in the city during Q2 2024. A mix of lower average property prices and increasing demand from students, young professionals, and families has made this area a strong choice for investors.
One-bedroom properties: 6.4% yield
Two-bedroom properties: 6.3% yield
Three-bedroom properties: 7.8% yield (highest in the city)
EH12: west edinburgh’s growing popularity
The EH12 postcode, which includes neighbourhoods such as Corstorphine and Murrayfield, continues to attract a variety of tenants due to its excellent transport links and strong local amenities.
One-bedroom properties: 6.1% yield
Two-bedroom properties: 6.6% yield
Three-bedroom properties: 6.3% yield
expert insights
Nicky Lloyd, head of ESPC lettings, noted: “The second quarter of 2024 was particularly interesting for Edinburgh’s rental market, with demand remaining strong across all property sizes. One-bedroom and three-bedroom properties performed especially well, reflecting high demand from students, young professionals, and families.”
Lloyd added: “Despite ongoing challenges in the market, Edinburgh continues to offer promising opportunities for buy-to-let investors, with steady rental growth and increasing yields.”
