It is no accident that EH8, the university district of the city, has such high returns for investors. The University is a prestigious higher education institute that has long provided a welcoming environment for students since 1582.
Edinburgh’s Seat of Learning
The University of Edinburgh is ranked 6th across Europe and 18th in the world. It is also the sixth oldest University in the English-speaking world. Its alumni include such prestigious names as Alexander Graham Bell, Robert Louis Stevenson, Sir Arthur Conan Doyle and Charles Darwin. Three former UK Prime Ministers also attended the University of Edinburgh: Gordon Brown, Lord Palmerston and Lord John Russell.
Edinburgh is home to six universities in total. As well as the University of Edinburgh, the city has Herriot Watt, Edinburgh Napier, Queen Margaret and the more specialised institutes of the Royal College of Surgeons and Scotland’s Rural College. These universities cater to the 60,000-strong student population that live and study in Edinburgh. Nearly 45,000 of these students are undergraduates, with just under 17,000 carrying on their studies in the city as postgraduates.
Such a strong nurturing of its higher education institutes and output has a fantastic knock-on effect for the city. Edinburgh has the highest percentage relative to its population of members of the workforce who are educated to degree level, with 55.1% of Edinburgh workers having achieved such a status.
Student accommodation forms the backbone of properties for sale in the Edinburgh buy to let market. Indeed, there has never been a better time to invest in the sector. Certainly in this city, where the Edinburgh buy to let student accommodation market has become one of the biggest in the UK.
Like Liverpool and Manchester, student accommodation for sale in the Edinburgh property investment market has benefited from an agitated and unpredictable pound in the wake of Brexit. Overseas investors from the Middle East, Singapore, China and Russia have all found themselves looking to invest in Edinburgh buy to let student accommodation.