Neighborhood Spotlight: LEITH
Time Out magazine has named Leith one of the ‘coolest neighbourhoods in the world’ last year. The team at Coulters want to show you why Leith is so popular
Once a burgh in its own right, following a forced merger with the City of Edinburgh in the 1920s, Leith is now a hugely successful part of the larger city.
The neighbourhood still retains its strong identity and heritage but what makes it so cool?
Made famous by Irvine Welsh, Ewan McGregor and co in the film Trainspotting, there would be few around the world then that would desire to spend any amount of time in Leith based on the picture painted on the big screen.
In the decades since its release, however, a transformation has taken place. Time Out sites two Michelin-starred restaurants, a variety of incredible bars and a fierce sense of local identity as the driving force behind Leith’s resurgence.
As well as the picturesque shore, there are wide open green spaces. The first recorded rules of golf were said to have been set down in 1744 by players at Leith Links
Life in Leith
The district lies to the North of the city and connects to the East end of Princess Street via the mile-long Leith Walk. This direct route makes Leith easily commutable to the city centre by bus or cycle (and tram at some point in the near future too).
Whilst some may require a short commute, many others will enjoy working as well as living in Leith.
The area is home to a strong creative hub with many studios and offices holding residence there.
Michelin starred dining at the likes of The Kitchen and Restaurant Martin Wishart are fantastic attractions but for more casual dining, the Pit Street Market is a very popular street-food market popping up in Leith at the weekends and offering a variety of food, drinks and entertainment from independent vendors.
Buying or selling property in Leith
Leith has for a long time been cited as ‘up and coming’, making property investments in the area a wise move.
Prices have indeed been rising and homes have been selling quickly, with ESPC reporting that from October to December of 2018, two-bedroom flats in Leith achieved the highest sales volume of anywhere in the city.
Two-bedroom flats in Leith, the Shore and Granton also saw the biggest increase in average selling prices of all areas across Edinburgh last year, rising by 19.1% to £204,242.
Compared to other parts of Edinburgh, Leith is certainly affordable, offers a fantastic investment opportunity and has a lot to offer home buyers who wish to move into the area as well as those looking to invest.
Now is definitely the time, as the reported selling prices show no signs of slowing down.
If you are looking for your next home and Leith is top of your list, or you have a home to sell in the area, get in touch to find out how we can help you.