Where is the cheapest place to buy in Edinburgh?

Gorgie: Gorgie is known for its affordable tenement flats, making it a popular choice among first-time buyers seeking budget-friendly options. Pilton: Pilton provides some of the most affordable housing in Edinburgh, with options suitable for families and those looking for larger properties.

Where is the cheapest place to buy in Scotland?

Inverclyde in West-Central Scotland is the most affordable, as properties here are around 3.2 times the average salary (£41,300).

Is now a good time to buy property in Edinburgh?

This is a good time to be in the Edinburgh property market. Whether you're looking to sell or buy, the conditions are supportive. Properties are shifting steadily, pricing is strong but realistic, and the direction of travel for interest rates is encouraging.

Where is the best buy to let area in Edinburgh?

EH16 is a consistently popular area for buy-to-let in Edinburgh. Covering Liberton (and the neighbouring suburbs of Craigmillar, Peffermill and Niddrie), EH16 offers various residential properties. Liberton is situated around three miles from the city centre, making it ideal for both professionals and students.

Where is the cheapest area to buy a house in Edinburgh?

Pilton: Pilton provides some of the most affordable housing in Edinburgh, with options suitable for families and those looking for larger properties. Granton: This area is undergoing significant regeneration, offering affordable homes close to the waterfront, making it an attractive option for budget-conscious buyers.

Best place to shop in Edinburgh for Souvenirs - Tartan Weaving Mill and Exhibition ( walking tour )

Is it worth having a buy-to-let in Edinburgh?

Financial Returns and Investment Yields

Edinburgh has long been a city of great appeal to property investors due to its stunning properties, thriving economy, growing student population, and high rental demand. This combination of factors contributes to the opportunity for attractive returns on investment.

How much will houses cost in Edinburgh in 2025?

Average house price in Edinburgh was £288,000 in June 2025

The provisional average house price in Edinburgh in June 2025 was £288,000. This was higher than the average of £275,000 in June 2024 (revised), a 4.7% rise.

Is it worth buying a flat in Edinburgh?

The city's high quality of life, stable employment market, and cultural amenities support long-term value retention. Rental investment opportunities remain attractive, particularly in affordable and up-and-coming areas with strong tenant demand and good yields.

What is the housing problem in Edinburgh?

“Along with a lack of council housing, private rents in Edinburgh have risen over 30% above inflation over the last fifteen years. These two issues combined ensure that anyone faced with a rent increase are forced into homelessness or out of the city they call home.

What is the cheapest city in the UK to buy property?

1. SR1 - Sunderland City Centre. Sunderland city centre ranks as England's cheapest priced area in 2025, with average asking prices of £58,259. This represents exceptional value at 81% below England's average house price of £306,494.

Is it better to buy or rent?

Renting is best for those who don't plan to live in an area long, want a lower monthly payment and don't want to dealwith maintenance. Buying is best for those who plan to stay in a home for at least two years, want full control over their property and don't need to pull money from investments for a down payment.

What is the most affordable housing option?

How to live in Edinburgh cheaply?

Where is the cheapest place to retire in Scotland?

The Best Places For Older Adults to Retire in Scotland

We've also found North Ayrshire offers the best investment prospects, whilst the Aberdeenshire towns of Stonehaven and Fraserburgh are the most affordable retirement locations in Scotland.

Where is the most desirable place to live in Scotland?

Is moving to Edinburgh a good idea?

Edinburgh is a city that truly has it all – rich history, world-class festivals, hidden green spaces, and a vibrant independent culture. Whether you're drawn to its layered history, thriving fashion scene, or serene secret gardens, there are countless reasons why making the move to Edinburgh is a great choice.

What are the downsides of buying a flat?

Cons of Living in a Flat

Another drawback of living in a flat is that you have less privacy and autonomy. You have to share walls, floors or ceilings with neighbours, which can cause noise issues or disputes. You also have to follow communal rules or regulations, which may limit your lifestyle choices or activities.

What is the average rent in Edinburgh?

Edinburgh is an expensive city by UK standards but not when we compare it to the capital London. Average rents for a 1 bedroom apartment stand at around $810pcm. For a large 3 bedroom apartment expect to pay around $1,240 a month. If you decide to live outside of the city center prices are much more reasonable.

What is the best time to buy property?

For example, spring and summer are often marked by increased buyer activity and higher competition in the housing market, while autumn and winter tend to be quieter, which could mean you get a bargain. By understanding these typical fluctuations, you can make a more informed home buying decision.

How much will the Edinburgh house cost in 2030?

The projected average price of a home for Scotland in 2030 is the most affordable of the three at £297,222, with gains set to be led by Edinburgh where the average price of a property will cost £432,468. Aberdeenshire will be the only other Scottish location to break the £400,000 mark.

What are the pitfalls of buy-to-let?

The Risks Of Buy To Let

Many landlords are paying between 5.5% and 6.5%, depending on loan-to-value (LTV) ratios and fixed-rate terms. This can reduce rental yield, especially if the property is in a lower-rent area. Most lenders require a minimum 25% deposit for a Buy To Let mortgage.

Why are landlords selling up in Scotland?

Changes in tax or regulatory laws

The last few years have seen several government changes that have hit landlords straight in the pocket. These have all meant a drop in income, occasionally making it less profitable to own a rental in the short term, leaving many landlords rethinking their portfolios.

Where is the best place to buy-to-let in Scotland?

According to Zoopla*, the top 5 areas with the best rental yields are all in Scotland. Specifically they are: East Ayrshire, West Dunbartonshire, North Lanarkshire, Renfewshire and North Ayrshire. All five of these areas sit around the 8% mark with the highest being East Ayrshire with a yield of 8.48%.