Located to the north of the city centre, bordering the New Town, Dean Village and Comely Bank, Stockbridge is arguably one of the most picturesque areas of the city. Famed for its elegant Georgian and Victorian architecture and a vast array of independent shops and eateries, Stockbridge provides a village feel just minutes from the city centre.
Although compact, the area provides a wide range of attractions for locals and tourists alike. For those looking for a spot of greenery, Stockbridge doesn’t disappoint – residents have Inverleith Park, the spectacular Royal Botanic Gardens and the water of Leith on their doorstep. Residents can also take a step back in time by going for a dip at the Glenogle Swim Centre, a beautifully restored Victorian swimming pool. Every Sunday, crowds arrive for the Stockbridge market, set up in the Jubilee Gardens, which sells a tempting array of artisan goods from local suppliers. Stockbridge has something for everyone.
Buy to let in Stockbridge
Stockbridge is well covered by local state and independent schools, and offers excellent transport links to the rest of the city, making it an attractive area to call home for many. All types of tenants – from students to professionals and families – flock to rent properties in the area.
As can be seen from the table below, rent levels in Stockbridge tend to be higher than those across the city as a whole. This is predominantly down to the popularity of the area, increasing competition between tenants, which is also demonstrated in the low average time to let.
|Number of bedrooms||Average rent Stockbridge||Average rent Edinburgh|
|Number of bedrooms||Average time to let Stockbridge||Average time to let Edinburgh|
Although rents are generally higher in Stockbridge, investors looking to purchase a buy to let property will pay an average purchase price of £427,432 [Source: Rightmove], higher than the average for Edinburgh city centre, which is currently £364,126 [Source: Rightmove]. However, investors who are willing to take on a renovation project will still be able to secure a relatively good price; prices for 1 bedroom flats in the area currently start from £175,000.
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Over the past 10 years, we have managed many properties in Stockbridge, building expert knowledge of the area. Contact us for Stockbridge buy to let and lettings advice.
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