Scotland is a diverse region of the UK with a range of different landscapes and communities. It is also home to some of the most affordable housing in the UK, particularly in the northern parts of the country.
The average house price in Scotland is £166,482, which is significantly lower than the UK average. This makes it an attractive location for investors looking to buy property. The region also has a high demand for rental properties, particularly in urban areas such as Edinburgh and Glasgow.
Scotland is also home to several top universities, including the University of Edinburgh and the University of Glasgow. These institutions attract a large number of students, which can drive up demand for rental properties in the surrounding areas.
Despite the relatively low housing prices in Scotland, the region still offers a good return on investment for landlords. In fact, the average rental yield in Scotland is 5.0%, which is higher than the UK average. Also, in certain parts, you can find rental yields as high as 9%.
Overall, approach investing in Scotland with caution as there are separate rules over there when it comes to renting as opposed to Wales and the rest of England. Also, just because an area has a higher rental demand, does not mean that it is necessarily the best thing to invest in.
You should also look at other factors to invest in Scotland like the crime rate (Which can be higher in Scotland) and the average income in the area (The lower this is the more likely you will run into things like rent arrears as a landlord).
|An insight into property in Scotland
|Average house price
|Average household income
Houses for sale in different cities in Scotland
Here below is our list of cities in Scotland with property data specific to each property type, rental trends, demographic factors and other relevant information specific to each city in Scotland.
Property data for cities in Scotland
Cities starting with A
Cities starting with B