ONE of Scotland’s most expensive rentals up for grabs at £ 7,000 per month

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ONE of Scotland’s most expensive rentals is up for grabs at £ 7,000 per month – but tenants will also have to shell out an additional £ 10,500 for the deposit.

The five bedroom townhouse is located on Ann Street in Edinburgh New Town and close to the much sought after area of ​​Stockbridge.

Boasting spacious and immaculate bedrooms, a basement veranda, full kitchen and private garden, the stunning Georgian property costs £ 1,615 per week for the year.

The property requires a deposit of 10.5k. (C) DJ Alexandre

The contemporary house, which was listed on Saturday, is spread over four floors and has a magnificent spiral staircase.

There is also a small lawn with a large tree that covers the front of the house for more privacy.

To the rear of the townhouse is a private garden with a large glass veranda which overlooks the nearby Dean Tennis and Squash Club.

Currently, the listing is Scotland’s most expensive long-term rental on the Zoopla website.

It was purchased for £ 1.4million in January 2020.

The list caused a stir online after being shared on social media – with many viewers shocked at the outrageous price tag.

The spacious kitchen - Property News Scotland
The property is near Stockbridge. (C) DJ Alexandre

A local group shared a link to Facebook on Sunday, writing “Ever wanted to live on Ann Street? It is ONLY £ 7,000cf … ”

Cara Eunson said: “Surely if you can afford these rental prices (unfurnished no less) then you would just buy?”

Susan Anderson said: “The deposit is just over £ 10,000. Who has that kind of money?

Karl Macrae said: “Absolutely obscene money. An example of what is wrong with this world.

Fiona Allen added: “Deposit £ 10,000? This is more than my first fixed purchase cost.

While in true Edinburgh fashion, some locals found the cramped parking lot more shocking than the hefty price tag.

Angela Buchanan said: “Gorgeous house but you still have to park on a very narrow street.”

Grace Cunningham added: “Good luck parking on this street.”

Inside the property - Property News Scotland
The property is available immediately. (C) DJ Alexandre

Estate agents DJ Alexander described the property as a ‘must see’, adding: ‘Ann Street is rightly the prettiest Georgian street in Edinburgh, located in the New Town and characterized by its elegantly proportioned Georgian townhouses with their beautiful, well-kept gardens.

“All the amenities of the town center are within easy walking distance as well as nearby Stockbridge with its full range of award-winning shops and restaurants.

“This beautifully presented townhouse has been fully tastefully decorated and offers flexible living over four floors.”

Edinburgh is the 91st most expensive city in the world and 38th in Europe, according to the latest cost of living report from global mobility specialist ECA International (ECA).

According to a Citylets report, which covered the first quarter of 2021, the average rent in Scotland has remained stable at £ 826 per month.

This is up slightly from £ 811 for the same period in 2020.


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