Are you a buy to let investor looking for a letting agent Edinburgh to manage your property at The Engine Yard or are you an investor considering buying a property within the development?
The development – The Engine Yard is one of Edinburgh’s most exciting new developments, located close to the East of the City Centre within an area of Edinburgh expected to see high rental and capital growth over the next 5-10 years. The Engine Yard is being developed by Places for People and is located on the site of Edinburgh’s historic tram depot, reflecting a strong sense of history and place.
Once completed, The Engine Yard will offer 377 fantastic apartments, duplexes and penthouses with most benefiting from dual aspect windows, so they’re light and airy. The apartments offer open-plan living with stylish fitted bathrooms and kitchens. The upper floors offer incredible views over the City and much further afield and a lot of the apartments have feature balconies for that morning coffee or after work summer refreshment!
The Area – The Engine Yard’s position is exceptional. It’s located just off the historic Leith Walk offering easy access to St Andrew Square, George Street, the Bridges and Princes Street. A huge attraction of this area is the ongoing redevelopment of Edinburgh St James which will undoubtedly transform this part of Edinburgh as the City Centre retail and leisure hubs will migrate towards the east of the City Centre and the top of Leith Walk. Leith Walk itself suffered for several years while Tram works were ongoing with many smaller retailers and businesses unable to survive the chaos however we’re seeing a rapid transformation of this thoroughfare from Leith to the City Centre and the Edinburgh St James redevelopment will accelerate this regeneration further.
We regularly recommend this part of Edinburgh to investors looking to secure strong-yielding professional-let properties with good long-term growth prospects. Read our blog on some of our recommended investment areas here.
Properties available – More information on individual properties remaining for sale can be found here. From a quick browse of the properties available and our deep knowledge of rental properties in the vicinity here are some examples of the returns potentially available at The Engine Yard
Umega Lettings – We’re Edinburgh’s leading letting agent providing an award-winning property management service to our buy to let investors and tenants. We’re creating one of the best small businesses to work for in the world so that we attract, develop and retain the very best people who can take care of our landlords and tenants and progress towards our mission of smashing the negative stereotypes of letting agents Edinburgh.
If you would like to discuss our opinion on rent or specific apartment suitability as a long-term buy to let investment Edinburgh please do contact our new business team at [email protected] and we’d be very happy to discuss this with you.