Developer launches first Scottish BTR site in Edinburgh city centre

New Fountainbridge BTR site, Edinburgh

DEVELOPER Vastint UK has launched its first Build to Rent (BTR) scheme in Scotland, with the launch of 253 new homes in Edinburgh city centre.

Described as featuring ‘high-spec finishes, sleek modern furnishings and a prime waterside setting’, New Fountainbridge is located on the Union Canal on a former brownfield site and features a mix of studio, one, two, and three-bedroom apartments and four-bedroom townhouses. All of the homes have been built around private courtyards, with residents also able to benefit from a concierge, bike storage, and private parking.

The site includes 63 homes available at intermediate market rent (IMR), with the remaining 190 available at open market rent (OMR).

Zhaleah Qayyum, head of residential sales and lettings at Vastint UK, said, “We’re excited to be launching New Fountainbridge, this is our first development in Scotland and we’re thrilled to be bringing our beautifully designed, high-quality new homes to a location which is close to the city centre and also offers views of the iconic Union Canal. New Fountainbridge is about more than just the bricks and mortar, we’re committed to creating a dynamic community which blends city centre buzz with tranquil waterside living.”

The development includes 8,500 sq ft of commercial space on the ground floor, with Vastint UK aiming to attract retail and leisure operators that will further enhance the offer to residents.

Ahead of welcoming its first residents in September, the development is currently open for viewings and registrations of interest via newfountainbridge.com.