Becoming a Property Investor in Edinburgh.

At Glenham Property Management, we are experts in sourcing the perfect property in Edinburgh for our property investment clients not only is this due to our meticulous knowledge of the city but also our understanding of the complex Scottish property market

Edinburgh offers a unique investment opportunity, with consistently high rental yields, making it an excellent place to start or add to your property portfolio.

In this update, we want to share some key points that any property investor should consider. These are the points we discuss with each of our investor clients to ensure we can tailor our Property Management service to their investment.

Buy To Let

With interest rates at their lowest for years, investing in property can deliver returns that you would not receive by having the money sitting in a bank account.  The combination of high rental yields plus increases in property values can create a win-win situation for your investment. By taking advantage of the low rates, it also makes sense to leverage your investment with a sensible loan-to-value mortgage. We have achieved great results with out buy to let management over the last few years and a leveraged return on investment of over 12% per annum is quite realistic.

However, you must keep in mind that property is a long-term investment, and if you are not comfortable with investing for a significant number of years or need easy access to your money, then it might not be the right investment option for you.

Also keep in mind that you will need around 25% of the purchase price in cash upfront as a deposit so give you access to more favourable interest rates.

Location Location Location

It’s a cliche, but it’s true in the case of property and especially in investment property location is everything.

Universities in Edinburgh bring with them large student numbers and young professionals which make for a buoyant rental market.  When narrowing down your search you then need to understand which areas of Edinburgh are better for renting than others and factor in local amenities, shops, transport, bars and entertainment, if you are unsure talk to us.

The Market

There are many distinct tenant markets you might want to rent to; one and two bedroom flats appeal to young professionals. HMO (House of Multiple Occupancy) are popular with students. Rental yields on HMO properties tend to be higher but are balanced out by having a distinct target market which will appeal to a limited audience when you come to sell your property.

Again if this is something you need expert advice on and something Glenham can talk you through.

Consider All The Costs

There are many costs involved with buying a property which you might forget to factor into your investment plan.  Things to remember include; refurbishing a property, buying new white goods and the costs for legal requirements. You also need to factor in the costs for being a landlord, this will include  electrical and gas certificates, inventories and also bringing the property up to the level required by the Repairing Standard legislation.

Glenham can guide you through this whole process so you fully understand all the costs involved.

Learn more about our property investment service

Fully Managed Service

Not all our clients live in Edinburgh, which is where our fully managed property management service comes into its own. If something happens to your property and there is a problem we are there to manage it  24 hours a day. If you are a landlord with an HMO property you are required by law to have 24 emergency assistance in place.

Learn more about our property management service.