Landlords in Edinburgh who are looking to attract high-end tenants will be keeping an eye on how a newly listed rental flat at The Crescent, a luxury development located within Edinburgh’s celebrated UNESCO World Heritage Site, performs.
With fewer higher value properties coming on to the market in Scotland, rents at the top end of the market appear to be rising, with the two-bedroom duplex overlooking the iconic Donaldson’s school having officially been listed on the market with Tay Letting, which is looking to test the market by setting an asking price £4,000 a month.
Located in Edinburgh’s New Town, The Crescent provides a contemporary twist on an architectural classic and delivers 84 residences.
The property features premium furniture selected by Karen Livingstone Welstead and hand-picked original artwork from several contemporary artists.
The rental flat also offers external space, including a private terrace, providing views of the historic Donaldson’s building and the surrounding gardens.
Malcolm Pickard, divisional director, Tay Letting, said: “The Crescent is without doubt Scotland’s most iconic development, and we’re excited to bring one of the country’s most anticipated rental properties to market.
“Everything about the property, from the internal fixtures and fittings to the carefully chosen decorations, set this apart as one of the most sought-after residences in the country.”