First city and capital of Scotland, Edinburgh with its stunning architecture and rich history, has long been seen as one of the most desirable places to live in the UK. Home to almost 500,000 residents, Edinburgh is also home to the Scottish parliament, the Museum of Scotland and the Scottish National Gallery.
House prices in Edinburgh have witnessed a strong recovery since the 2008 financial crisis, and a recent report from Hometrack showed that the average price of property in Edinburgh is now closing the gap on the London property market.
Despite the increase demand for property in Edinburgh and the surrounding areas, there is still considerable value for money to be found for investors. Recent stamp duty changes in Scotland saw the Land and Buildings Transaction Tax (LBBT) being removed at the lower end of the property market, whilst increasing at the luxury end.
Whilst the Edinburgh buy to let sector has undoubtedly been buoyant in recent years, the student property sector has seen an increased focus in more recent times. Driven by high demand from students who are not liable for tuition fees, there is now considerable rental demand for high quality student accommodation in Edinburgh and its surrounding suburbs.
This high demand, coupled with a very low level of supply has resulted in student properties in Edinburgh selling out much quicker than those in other established university towns south of the border. A recent report by Chestertons named Edinburgh ranked Edinburgh as the top city in the UK to invest in student property.
The report, which looked at a wide number of factors including average costs, rent charges and growth in house prices placed Edinburgh as the number one destination for student accommodation investment in the UK, ahead of Bristol and Brighton.
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We’ve helped over 300 investors since 2015…
Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.
We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.
We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.
If you are considering in investing in a property in the North of England, and don’t fancy the ‘hard sell’ approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 337 3890.
We look forward to hearing from you!
"I had good support from Mark and the team during the process. they tried to help with solicitors as well. I guess overall it was a good experience and would probably like to work with the team in the future."
Hasan | Student Accommodation
