Areas in Glasgow

Residential property in high demand areas in Glasgow can command a premium rental return.

City centre living has become popular in the last decade with many small conversions commanding huge prices. There are many traditional apartments in the city centre, which provide a better investment and these can also offer reasonable rental yields as well as the promise of attracting tenants.

The most popular area in Glasgow is the West End, which contains the University, the Botanic Gardens and much of the nightlife. The West End continues to be highly desirable and has been the main focus of "Buy To Let" investment. Much of the residential property in these areas is traditional Glasgow tenements which have been restored and modernised internally. These properties are expensive, offer a small rental return, but are likely to increase in value in the long term.

Slightly less expensive are areas on the south side of the river. Certain areas have undergone much improvement in recent years and are also prove extremely desirable. Areas such as Shawlands and Mount Florida are hailed as "The new West End" as the program of tenement restoration is near completion. This area has also been a traditionally strong area for investors with the recent increase in property prices reflecting this.

Like London, there is a revival for good property in the east of the city, once a very neglected area. Leading developers in Glasgow are currently assessing the possibility of modernising this area to realise the potential that London and Manchester have seen in recent years. We are closely monitoring this situation and if opportunities arise this may become an exciting growth area.