Scottish Property Market Increasingly Popular for Buy-to-let Investment
Buy-to-let property investment is becoming increasingly popular in Scotland. There are many other factors at play here, too—Edinburgh’s repeated ranking as one of the best places to live in the UK; the growing tech industry in Glasgow; the reputation and international appeal of Scottish universities; the huge price gap between properties North and South of the border; and the increasing demand for rental properties due to lack of homes for sale.
The appeal of buy-to-let investment in Scotland comes as little surprise to us here at Clyde Property. With steady growth in Scottish property values and a positive forecast over the next few years, it really is a great time for landlords, despite recent changes to Stamp Duty and tax on rental income. And in light of the disparity between buyer demand and insufficient stock on the sales market, rental properties of all sizes and values are attracting a great deal of interest.
To gain a better understanding of the range of rental properties we successfully market at Clyde Property, take a look at these recent letting highlights in Glasgow and Edinburgh.
Park Terrace, Park Circus, Glasgow (G3)
Three bedroom duplex apartment
£3,950 pcm
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Located in Park Terrace, one of the most affluent and desirable areas in Glasgow, this spectacular duplex apartment enjoys stunning views over Kelvingrove Park and the city from it’s top-floor position. Within walking distance of the West End and City Centre, the property features a bespoke and contemporary interior whilst retaining its period features.
The generous family accommodation comprises a fabulous entrance hallway with security entry, welcoming internal reception hallway, beautiful lounge with feature fire and spacious dining area, luxury fully-fitted dining kitchen, family room, and spacious cloakroom.
A feature staircase with glass balustrade leads to the upper level which offers a master suite with open plan sitting area, excellent storage and splendid en suite bathroom with double doors, and two further double bedrooms with en suite bathrooms.
Novar Drive, Hyndland, Glasgow (G12)
One bedroom flat
£795 pcm
This traditional tenement apartment in the popular West End neighbourhood of Hyndland is incredibly well presented and within close proximity to the train station and commuter links, the University of Glasgow, and the main shopping and restaurant district along Byres Road.
The accommodation is ideal for a professional individual or couple, enjoying a first floor placement and consisting of a reception hallway with excellent storage cupboards, bright lounge with bay window, double bedroom, modern fully-fitted dining kitchen, and bathroom with shower.
Leopold Place, Edinburgh (EH7)
Two bedroom apartment
£1,595 pcm
Built in the 1820s by W. H. Playfair, this elegant main door flat enjoys a wonderful outlook over Royal Terrace Gardens. Internally, the accommodation has been architecturally restored to an exacting standard, highlighting traditional period features whilst benefitting from the addition of modern luxuries.
Boasting new central heating, recent re-plumbing and re-wiring, and the installation of a designer kitchen with solid quartz work surfaces and underfloor heating. The property comprises a huge vestibule, large dining hall, beautiful bright and spacious lounge with feature fireplace and wood burner, two double bedrooms, and family bathroom. Period features include ornate cornicing, working shutters throughout, original fire place, and ornate fanlight in the vestibule.
Harrison Road, Edinburgh (EH11)
One bedroom flat
£690 pcm
Charming ground floor flat situated in the Polwarth area of Edinburgh. The accommodation includes reception hallway, large bright lounge with lovely views of Harrison Park, double bedroom, kitchen, and bathroom. Secured entry, within walking distance of many local amenities, with larger supermarkets and the city centre just a short car or bus journey away.
Clyde Property is a leading independent, multiple-award winning estate and letting agent with 30 years’ experience in selling and letting property in Scotland. Just call your local Clyde Property branch today, for friendly, impartial advice on finding your next dream home.
