The Carrick

EdinburghUK

From gbp 237,000

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The Carrick

EdinburghUK

The Carrick is a new build development situated in the south-west of Edinburgh. On offer are 27 one-, two- and three-bedroom apartments set across 5 floors. Closely located to public transport, all that this vibrant city has to offer is within easy reach.

The development itself has been designed to provide light and spacious accommodation with modern features throughout. Most apartments also offer Juliette balconies, with the penthouse units including spacious terraces.

The area is also home to many golf courses, parks and sports facilities which offer occupants many activities for leisure and fitness. Parking is available for select units.

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Development Snapshot

  • Closely located to public transport.
  • Most apartments also offer Juliette balconies, with the penthouse units including spacious terraces.
  • The area is also home to many golf courses, parks and sports facilities which offer occupants many activities for leisure and fitness.
  • Parking is available for select units.

Bedrooms

1 / 2 / 3 bedroom units

completion

Q3 2024

size range

From 549sqft to 925sqft

Unit 1 VR TOUR

A Closer Look At The Carrick

3 reasons to invest in Edinburgh

Global Education Hub

Home to over 55,000 students and 6 universities including, The University of Edinburgh (UoE) which ranks in the top 30 in the world. UoE has over 32,000 students, of which around 47% hail from overseas. The university is amongst the top research universities in the world with 38% of its research rated World Leading whilst a further 45% is rated as Internationally Excellent.

Resilient Economy

Edinburgh benefits from a resilient economy and is forecast to have one of the lowest unemployment rates in the UK - reaching just 1.9% by 2035. Subsequently, the capital city has the highest disposable income of any UK city outside of London which is forecast to rise by a further 75% and reach GBP23,920 by 2035.

Housing Market Outlook

Because of extreme pressures on the Edinburgh housing market, the city is set to see persistent growth in both its sales and rental sector across the next 5 years. Sales prices are expected to grow by 17.6% between 2023 and 2027 whilst rents follow closely behind at a 16.4% increase over the same period.

Population

570,000 forecast by 2035
+27% from 2000-2035

Housing Deficit

undersupply of over 29,000 units expected by 2031

Economy

over GBP20,4 billion (GDP)
+157% (GDP per Capita) since 2000

WANT TO LEARN MORE ABOUT PROJECT DETAILS?

Download the Fast Fact project summary below.

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(See table below for an estimate of how much you may need to budget towards acquisition costs)

(See table below for estimated mortgage rates across different markets)

Equity required
EUR
Region Mortgage Rates (Up to) Acquision Costs (Estimated)
London 75% 5.0%
Manchester 75% 5.0%
Berlin 60% 7.5%
Melbourne 80% 4.0%
Brisbane 80% 4.0%
New York 55% 6.0%
Chicago 55% 6.0%
Miami 55% 6.0%
Tokyo 70% 5.0%
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*Prices and details are correct at the time of going to press. Readers are advised to make their own enquiries to verify such information.

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Global headquarters

Hong Kong

Suite 1001-1003, 10th Floor,
Harcourt House, 39 Gloucester Road, Wanchai, Hong Kong

+852 3965 9300+44 20 4586 4845enquiry@ipglobal-ltd.comFind your nearest office

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