Subscribe to our Construction Newsfeed
Scotland Construction Directory
Search our 14,711 companies....

Construction News

31/03/2009

Student Flats Fly off The Shelves

Traditional flats have been let faster and earlier than in previous years with students keen to secure accommodation in Edinburgh's most popular areas months before the academic year starts.

Edinburgh residential property lettings and management specialists Cullen Property report that more than 75% of their four and five bedroom tenement flats have found new tenants within weeks of being listed. Operations Director Steve Coyle explains: "We started viewings at the beginning of March and, since then, 70 of the 90 flats available have been let until the summer of 2010.
-- Advertisement --
NorthernAsbestosServicesLtd



"Students are keen to share good quality, traditional four or five bedroom tenements with their friends and many of our viewings have attracted several dozen potential tenants, showing that there is still a shortage in this particular segment of the lettings market."

Areas like Marchmont, Bruntsfield and Newington are especially popular with students and the company is constantly looking for additional properties in these parts.

Steve Coyle continues: "Student numbers are set to increase in Edinburgh, which means demand will remain high. For landlords, renting to students offers great stability as they are happy to commit early and for at least 12 months."

Cullen Property has added several more properties to its books and is expecting to find tenants for most of them by the end of April.

Over 65% of all flats managed by Cullen Property are currently occupied by students. Since the company was founded in 1998, Cullen Property has specialised in sourcing properties with optimum rental potential in the student market.

(GK/JM)

Latest Construction News

29/04/2025
Albyn Housing Society, a major social housing provider operating across the Highlands, is expanding its portfolio to the Isle of Skye for the first time. The society, which manages almost 3,900 properties across 80 rural communities on the mainland, will soon hand over seven new affordable homes i
29/04/2025
As SP Energy Networks progresses with its ambitious £10.6 billion investment plan (RIIO-T3) to upgrade Central and Southern Scotland's electricity transmission network between 2026 and 2031, a new independent report has shed light on the costs and characteristics of various transmission technologies
29/04/2025
Casey Gardner, a 19-year-old apprentice painter and decorator from Fife, is set to represent Scotland in the national final of the prestigious 2025 PDA Premier Trophy Awards – Apprentice of the Year Competition. Ms Gardner secured her place after a successful performance in the Regional Heat held
29/04/2025
Keith Anderson, Chief Executive of ScottishPower, has been named Business Leader of the Year at an awards ceremony held at the EICC in Edinburgh. Mr Anderson was chosen from a shortlist of eight company leaders, including representatives from The Ivy Collection, Greggs, Cazenove Capital, and the Mur
29/04/2025
Significant progress has been made this week on major development plans for the strategically important Hunterston site in North Ayrshire. Members of the council's Planning Committee approved proposals for the creation of a salmon rearing facility at the location. The applicants, Bakkafrost Scotl
29/04/2025
The local community in Innerleithen, including pupils from St Ronan's Primary School and local councillors have celebrated the official reopening of the village's play park following significant improvement works. The much-anticipated upgrades to the facility include extensive drainage work and the
29/04/2025
Craigtoun Country Park, a popular destination near St Andrews, is poised to see a significant upgrade to its beloved Dutch Village situated on the boating lake. The structure is set to undergo essential repairs, including new rendering and roof tiles, thanks to newly secured funding. Fife Council h
29/04/2025
Residents of the Kirkton area of Dundee are a step closer to a new community centre following the allocation of £1.5 million in funding. The money has been awarded to local charity Kirkton Community Centre SCIO through the UK Government's Community Regeneration Partnership (CRP). The funding will e
29/04/2025
Gas network operator SGN has been lauded for its exceptional commitment to customer service, securing four prestigious gold awards at the CCA Global Excellence Awards 2025 ceremony held in Glasgow last night. The accolades affirm SGN's position as industry leaders in customer care and innovation. T
29/04/2025
A collaborative effort involving public, private, and academic organisations has culminated in the launch of a ten-year strategy aimed at fostering sustainable economic growth across the Highlands and Islands. The Highlands and Islands Regional Economic Partnership (HIREP) has unveiled its Regional
RBT Underfloor LimitedMorris & Spottiswood LtdMV CommercialSMS Alba Limited@rchitects Scotland LtdProlink Building Solutions LtdCross BlindsDiscount Kitchens and Bathrooms LtdHutton Stone Co LtdACCON UK Ltd