Edinburgh Property Investment | Our Essential Guide

Last updated: June 2022

Are you considering a property investment in Edinburgh?

In this article, local property price and rental yield data are presented to help you decide.

 

Edinburgh is the capital city of Scotland and is situated along the Firth of Forth that leads straight into the North Sea.

Travelling from Edinburgh to major UK city's, Europe, or the rest of the world is easy thanks to excellent transport links.

Edinburgh has two major train stations that operate regular services connecting travellers with the rest of the UK. The road network also provides easy access to the rest of Scotland and the UK. Drive to Glasgow in an hour on the M8, Aberdeen or Newcastle in 2 and a half hours, Manchester in 4 hours, or Birmingham in 6 hours.

London can be reached in 7 hours by car, 5 hours by train, or a little over an hour when flying!

Edinburgh airport is the third biggest in the UK. Only London and Manchester deal with more passengers. A bus to the airport from the city center runs every 10 minutes, 24 hours a day.

Population Trends

Major Employers

Edinburgh has lots of career opportunities thanks to some major employers that operate in the region.

NHS Lothian and the City of Edinburgh Council both employ nearly 20,000 people.

One of the oldest universities in the world, the University of Edinburgh, employs more than 13,000. J0bs include working in academics, administrative staff, and other support roles.

Edinburgh has always had a strong financial services industry. Natwest Group, Lloyds Banking Group, and Standard Life all employ thousands of people each in a variety of roles.

The Scottish government is based in Edinburgh, thanks to its location this generates thousands of jobs working within the Scottish administration.

Other notable employers in the area include Royal Mail, Tesco, and Lothian and Borders police.

Local Colleges and Universities

Edinburgh has a worldwide reputation for a fantastic education, there are six universities to consider.

Heriot-Watt University specialises in courses relating to science, design, languages, engineering, and business. The university first opened in 1821 and has a strong reputation for finding solutions to global problems.

With more than 20,000 students, Edinburgh Napier University is a popular choice. Cyber-security, construction, and design are some of the courses that the university excels at teaching,

Queen Margaret University is a leader in teaching drama, creative courses, and healthcare social sciences. The university was founded in 1875 and today aims to make a difference in the world through teaching, learning, and research.

Over 500 years ago, in 1515, the Royal College of Surgeons of Edinburgh was founded. It's the oldest surgical college in the world and provides high-quality education for surgeons and dental surgeons.

Scotland's Rural College is a university that focuses on courses including agriculture, sustainable land use, and biological and animal sciences.

One of the oldest universities in the world is the University of Edinburgh. The university is regarded as one of the best in the world with high rankings in research, development, and teaching.

History of Edinburgh

Humans are believed to have lived in the Edinburgh area since 8,500 BC with the first signs of habitation dated back to 900 BC. In the 12th century, the castle was built and the city began to grow.

The 14th century saw Edinburgh expand further thanks to trade in wool, leather, and cattle. Then, in the 15th century, Edinburgh was named the capital city of Scotland.

By the 18th century, Edinburgh was not only an economic powerhouse but also a popular place for intellectuals. Studies in medicine, science, history, philosophy, and economics all prospered.

In modern times, Edinburgh is as popular as ever. Students and young professionals flock to the city. It's also a hugely popular destination for tourists.

Property Prices In Edinburgh

Investing today with a view to the projected resale value of your property is vital for achieving capital appreciation. Reviewing accurate, historic price information can help inform your growth projections.

Flat prices in Edinburgh

The average flat price in Edinburgh was £230,607 in 2021.

Price growth averaged 35.28% for flats in Edinburgh for the period 2011-2021.

Graph of Flat Prices In Edinburgh

Flat prices in Edinburgh

Flat prices in Edinburgh source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 173,745 175,799 162,407 170,466 164,148 161,560 159,866 169,200 177,926 178,101 186,682 202,179 210,773 216,860 230,607

Terraced house prices in Edinburgh

The average terraced house price in Edinburgh was £331,522 in 2021.

Price growth averaged 51.30% for terraced houses in Edinburgh for the period 2011-2021.

Graph of Terraced House Prices In Edinburgh

Terraced house prices in Edinburgh

Terraced House prices in Edinburgh source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 212,042 215,200 201,048 219,116 210,655 210,588 210,662 225,816 237,030 237,473 243,310 269,443 284,892 301,390 331,522

Semi-detached house prices in Edinburgh

The average semi-detached house price in Edinburgh was £413,822 in 2021.

Price growth averaged 54.90% for semi-detached houses in Edinburgh for the period 2011-2021.

Graph of Semi-Detached House Prices In Edinburgh

Semi-detached house prices in Edinburgh

Semi-Detached House prices in Edinburgh source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 258,334 262,234 244,663 267,148 257,609 256,179 256,236 275,941 291,218 292,503 301,430 335,232 354,864 376,826 413,822

Detached house prices in Edinburgh

The average detached house price in Edinburgh was £661,962 in 2021.

Price growth averaged 55.23% for detached houses in Edinburgh for the period 2011-2021.

Graph of Detached House Prices In  Edinburgh

Detached House Prices In Edinburgh

Detached House prices in Edinburgh source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 412,755 414,124 384,895 426,438 414,664 406,631 406,297 438,568 460,871 462,644 478,444 527,438 555,740 595,494 661,962

Edinburgh Rental Yields

Researching local rental yield information offers valuable insights into whether a property investment is likely to be profitable.

As of June 2022, Edinburgh rental yields ranged between 3.7% and 6.7% (source: propertydata.co.uk).


Data Sources

Property prices are from House Price Index Reports published by HM Land Registry.
Rental yield data is from PropertyData . Population data is from CityPopulation.
Peter D Doherty

Peter D Doherty is the founder of the Property Investor Academy.

A Masters graduate in accounting and finance from Dublin City University, Pete worked in the City of London for 14 years. He held senior finance roles (Financial Controller) in several substantial UK commercial banks. He is a graduate of Macquarie University.

With over 10 years property investing experience, he is the owner of a London based lettings agency as well as proptech consultancy. He regularly contributes to online landlord forums such as Propertytribes and Reddit.  Peter is a member of National Residential Landlords Association (“NRLA”).

https://uk.linkedin.com/in/peter-doherty-tal
Previous
Previous

Leeds Property Investment | Our Essential Guide

Next
Next

Cardiff Property Investment | Our Essential Guide