Next Neighbourhoods: Leith Walk and East New Town, Edinburgh, Scotland
Edward Douglas-Home, Knight Frank Scotland, tells us why this location is now an up and coming neighbourhood. Located a stone’s throw from the Georgian and Victorian terraces that typify Edinburgh’s prime residential hotspots
01 March 2021
Why is the area up and coming?
It is changing rapidly. The new St. James redevelopment comprises new shops, leisure facilities and homes, and is set to transform the top end of Leith Walk, with an estimated investment value of over £1 billion.
My favourite bits
Many new delis and coffee shops have already opened, with a multi-screen cinema and hotel still to come when the development is complete. My favourite is Artisan Roast.
Who’s buying?
A mix of first-time buyers and investors – the area is still relatively affordable compared with the West End and New Town.
What will my money buy me?
A two-bedroom apartment will cost about £300,000, while a budget of about £1 million will buy you a five-bedroom Georgian townhouse.
