The steady growth, stable conditions, and positive forecast of increasing sales values in the West of Scotland property market all bode well for buy-to-let investors. There’s great potential to generate healthy rental income and long-term capital gains for landlords investing in property in West of Scotland.
At Caledonia Bureau, we manage hundreds of local properties on behalf of our landlords and we see rental yields in local residential areas are consistently healthy, much higher than national average and better than the more expensive Glasgow. There’s an increasing number of tenants looking for quality properties in the West of Scotland, particularly in areas like Paisley, Dumbarton, and Clydebank.
Rental yields in Paisley
Paisley is a popular town for families, professionals, and commuters. Offering more affordable accommodation than the larger, busier metropolitan areas, the historic town of Paisley benefits from a peaceful urban setting within comfortable commuting distance of Glasgow.
A prime example of an ideal buy-to-let property in Paisley is this two-bedroom flat on School Wynd within the ‘Old Town’. It’s presented in beautiful move-in condition and is marketed at a Fixed Price of £75,000 (Home Report of £80,000), with a potential rental income of £500-550 pcm. With the right mortgage deal, investors could make healthy short-term rental yields and long-term capital gain.
Rental yields in Dumbarton
Dumbarton is a charming coastal town in a comfortable commuting distance of Glasgow, making it an attractive option for families and professionals alike. We’ve seen demand grow steadily here recently, in both the sales and letting markets. We currently have a number of great properties that would make great buy-to-let investments in Dumbarton.
A modern, two-bedroom ground floor flat located in Riverside Court in Balloch. Marketed at Offers Over £77,000 (Home Report £80,000), with a potential rental income of approx. £495 pcm.
A fantastic two bedroom flat in Whiteford Place, Dumbarton – ideal for the small family, enjoying a pleasant cul-de-sac position. Marketed at Offers Over £39,995 with a home report value of £45,000, and potential rental income of £350 – £400 pcm.
A spacious, traditional one-bedroom flat within a highly desirable area of Alexandria. The property is situated within a red sandstone building on Smollet Street and is marketed at Offers Over £69,950 (Home report value of £75,000), with a potential rental income of £450 pcm.
Rental yields in Clydebank
Located just 8 miles from Glasgow city centre, and approximately 10 miles by road from Paisley, Clydebank enjoys a fantastic semi-rural placement with incredible scenery and a wealth of outdoor activities. Popular with families, young professionals, and students, the area caters to a range of people, so quality rental property is always in high demand. It’s so close to everything you could possibly need, providing the perfect balance of urban life and peaceful rural living.
Examples of prime buy-to-let properties in Clydebank for buy-to-let investors:
Two-bedroom traditional sandstone flat on Dumbarton Road, close to local shopping and transport facilities. Recently redecorated and presented to the market in move-in condition, the property is advertised at Offers Over £68,500 (Home Report value £70,000), with a potential rental income of £450- £500 pcm.
Dumbarton Road property: http://www.caledoniabureau.co.uk/properties/show/100673005755
Beautiful two-bedroom traditional sandstone flat on Kilbowie Road, internally refurbished throughout, and ideally located for amenities and transport. Marketed at Offers Over £55,995 (Home Report vale £60,000), with a potential rental income of £400- £450 pcm.
As one of the West of Scotland’s longest-standing estate agents, we have had lots of experience managing the ups and downs of the housing market in recent times, so you can be confident you’ll be in safe hands when working with us. With an expert team by your side and a variety of properties on offer, including both property to let and homes for sale, Caledonia Bureau are confident that we can match you with the right home. Give our friendly team a call today, choosing from our offices in Clydebank, Helensburgh, Dumbarton and Paisley.