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I have some friends who live on the outskirts, towards the bypass. It's obviously a little further out but not really a big deal if you have a bike, and I've never struggled to get to them on the bus from town. Huge bonus is that they see the mountains from their kitchen window, and just have to walk a few minutes to get into the Pentlands! It's pretty amazing. Happy to put you in touch with them if you wanted, they moved from London probably 8-10 years ago?
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Also, assuming you've already spoken to @Ecobeard for local knowledge?
Thanks for the info. Whereabouts in Edinburgh would you recommend?