The Carrick
Gorgie Road Edinburgh EH11 3AF
The Carrick is a new build development situated in the south-west of Edinburgh.
The development itself has been designed to provide light and spacious accommodation with modern features throughout. Most apartments 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.
Prices starting from £237,000
Fast Facts
Development
Number of Properties
8 x One beds
17 x Two beds
2 x Three beds
Size Range from 549sqft to 925sqft
PRICE RANGE GBP
£237,000 - £429,000
Estimated date of completion Q3 2024
TITLE is ownership (similar to share of freehold) No ground rent
Warranty Provider -
NHBC or equivalent (10 Years)
Estimated Factor / Service Charge Approx. GBP2 psft per month
PAYMENT PROCESS -
20% UPON EXCHANGE
80% UPON COMPLETION
Developer - Mandale Homes
With over 40 years of experience, Mandale Homes is the largest privatelyowned developer in North East England with experience in all areas of property development, from single homes to industrial commercial spaces. Their outstanding industry reputation has been recognised with eight UK Property Awards that are awarded based on excellence in quality, design, innovation, service, originality and commitment to sustainability
Architect - Wardman Brown
An Award Winning Architectural Practice and a Member of the Chartered Institute of Architectural Technologists (CIAT).
With projects ranging from small residential extensions to large contemporary houses, barn conversions, timber eco-lodge holiday homes to large commercial office blocks and much more.
Edinburgh
Edinburgh consistently ranks as one of the happiest cities in the UK. It was also recently listed as #1 Happiest Place to Work due to a high median salary and low commute times. Furthermore, Edinburgh holds the title as the greenest city in the UK with an array of parks and outdoor leisure activities. The city’s ability to simultaneously provide exceptional living, shopping, food and entertainment to rival any major city, makes it an easy choice for students, professionals and visitors alike
Investment
As the capital of Scotland, Edinburgh has become a bustling business, education and tourism hub that attracts talent, students and visitors from across the world. Edinburgh sits just 332 miles north of London accessible within 1 hour and 20 minutes by air, or in under 4 and a half hours by train.
Celebrated as one of the most beautiful cities in the world, Edinburgh’s distinctive sandstone architecture, green open spaces and lengthy history has earned the city UNESCO World Heritage status. The city’s charming New Town area covers over 450 hectares and is characterised by vast Georgian terraces dating back to 1767.
Unsurprisingly, Edinburgh is regularly voted one of the world’s best cities to live in. As a major capital city, Edinburgh benefits from continued investment and confidence from some of the largest and fastest-growing companies in the world, such as Amazon, Microsoft and IBM
Edinburgh Housing Market
Edinburgh has seen some of the highest house price growth of all UK major cities. This trend is expected to continue for the foreseeable future, house prices are forecast to grow 17.6% between 2023 and 2027 alone.
House Price Growth Forecast
2023 1%
2024 2%
2025 3.5%
2026 4.5%
2027 5.5%
Edinburgh Rental Market
Rents in Edinburgh increased by 14.7% in the year to October 2022. Between 2023 and 2027, rents in Edinburgh are expected to increase by a further 16.4%, surpassing the national average over the same period.
Rental Price Growth Forecast
2023 1%
2024 5%
2025 3.5%
2026 2.5%
2027 3.5%
The Local Neighbourhood
