STUDENT BUY-TO-LET

Table of Contents

UNIVERSITY CITIES AND TOWNS IN THE UK: A, B, C, D, E, G, H, K, L, M, N, O, P, S, W, Y,

E

City:

EDINBURGH

Universities

University of Edinburgh, Edinburgh College of Art, Heriot-Watt University, Napier University, Queen Margaret University College

Population:

449,020

Student Population:[From UCAS or individual websites]

Under Graduate

Post Graduate

Total

University of Edinburgh

1295

5945

22095

Edinburgh College of Art

16150

280

1575

Heriot-Watt University

5130

3065

8195

Napier University

10745

2590

13335

Queen Margaret University College

3680

905

4585

Total

37000

12785

49785

Campus Capacity

(9,200)

(1,800)

(11000)

Size of Market

27800

10985

38785

Drop out rates:

University of Edinburgh

Edinburgh College of Art

14%

Heriot-Watt University

14%

Napier University

18%

Queen Margaret University College

15%

Student Areas

Abbeyhill, Bruntsfield, City centre, Corstorphine, Fountainbridge, Leith, Marchmont, Morningside, New town, Newington, Polwarth, Sighthill, West end

Accommodation Officer Contacts:

University

Tel

Address

Web

Landlord Accreditation Scheme?

University of Edinburgh

0131 667 1971

Allocations Division
Pollock Halls of Residence
18 Holyrood Park Road
Edinburgh
EH16 5AY

www.ed.ac.uk

Yes

Edinburgh College of Art

0131 221 6023

Student Welfare Services
Lauriston Place
Edinburgh
EH3 9DF

www.eca.ac.uk

Heriot-Watt University

0131 451 3386

Accommodation Office
Hugh Nisbet Building
Riccarton Campus
Edinburgh
EH14 4AS

www.hw.ac.uk

Yes

Napier University

0131 455 4545/4211

Accommodation Service
Craiglockhart Campus
219 Colinton Road
Edinburgh
EH14 1DJ

www.napier.ac.uk

Queen Margaret University College

0131 317 3311

Accommodation Office
Corstorphine Campus
Clerwood Terrace
Edinburgh
EH12 8TS

www.qmced.ac.uk

Yes

Planned development for city

The redevelopment of one of Edinburgh New Town's most famous buildings is to cost £60 million. The former post office site is being turned into the capital's biggest speculative office development. Waverley Gate is a flagship development in the heart of Edinburgh's historic New Town.Recycling services in Edinburgh will receive an £83m boost from the Scottish Executive's strategic waste fund. The money will go towards initiatives aimed at recycling an extra one million tonnes of material by 2020. The funding is part of £138m awarded to four councils in Scotland.

Planned development for universities

University of Edinburgh

Plans for the £200 million flagship facility for Scotland's biotechnology activities could create up to 6,000 jobs. The biomedical research park will be built at Little France, next to the new Edinburgh Royal Infirmary and Chancellor's Building, the University's Medical School.

Edinburgh College of Art

Edinburgh College of Art has an international reputation as one of the most successful independent art colleges in the UK. The facilities are excellent and staffs are practising artists, designers, architects, curators and writers, many with international reputations.

Heriot-Watt University

The first Beer Academy in Scotland, set up by brewing companies with a view to lifelong learning among consumers as well as people in the trade was to be launched in May 2004.George Philliskirk, the new director for the academy, has a budget of £240,000 donated by Britain's brewers and industry organisations.

Napier University

Napier University’s redeveloped Craiglockhart campus will be home to the University’s Business School and has undergone a £25m redevelopment and features the iconic egg-shaped lecture theatre that has already become a landmark in the capital.

Queen Margaret University College

The planning committee of East Lothian Council has backed recommendations to grant outline planning permission for Scotland's first University campus of the 21st Century. Queen Margaret University College (QMUC), in association with architects Dyer Associates, will prepare detailed plans for the 35 acre site at Craighall. Over 4000 staff and students will relocate from existing campuses at Corstorphine and Leith in 2007. The £multi million development will largely be financed by a deal with property developers Persimmon, which will inherit the prime residential site at Corstorphine. Other cash will be raised from the sale of the Leith campus and development fundraising activities.

Campus room rental**:

Minimum

Maximum

£45

£100

Yield range

4.7 – 8.5%

3 bed house (i.e. 2 bed upstairs + 1 converted other)

4 bed house

5 bed house

6 or more bed house

Entry Price

£100,000

£155,000

£210,000

£350,000

Median Room Rate

£60

£61

£58

Average Yield B*

8.5%

7.4%

6.5%

4.7%

B - Estimated Annual Profit

£2,268

£2,200

£1,454

-£2,665

Financial Scores

Total(out of 10)

Capital Growth(out of 5)

Yield(out of 5)

3.5

2.5

Description:

Edinburgh is a vibrant and happening city. With the castle overlooking the Princes Street Gardens, and life, as a result of Scotland's relaxed licensing laws, the city is beautiful.However, like all large cities, it is quite expensive. However, many pubs offer happy hours or student discount nights, when drinks are more reasonably priced.

Edinburgh has a variety of interesting museums, and numerous beautiful buildings. This is not to mention theatres. During the Edinburgh Festival the whole city comes alive.

Websites to advertise on:

Local and national student listings: www.student-accom.comCity information for students: www.accommodationforstudents.com

Student pad Edinburgh: www.studentpad.co.uk/index.htm

Queen Mary Private sector list: www.qmced.ac.uk/accommod/acclists.htm

Information for students: www.studentnewspaper.org

Residential lettings: www.drm-residential.fsnet.co.uk

Edinburgh property rentals: www.charleswhite.propertysalesonline.com

Estate Agents:

Address

Tel

Web

James Gibb