Glasgow Property Investment: Top Areas for High Returns

Why Invest in Glasgow Property?

Multiple reasons ranging from a powerful economy and rising student population to regeneration efforts are making the Glasgow property market a preferred destination for investment. Here are some of the key reasons why investors are keen on the city:

• Rental demand: With a large population of students and young professionals, there is a lot of rental demand.
• Affordability: Compared to other cities such as London and Edinburgh, Glasgow provides more affordable property prices with better rental yields.
• Regeneration projects: Large-scale developments, such as Clyde Gateway and Buchanan Wharf, are driving property appreciation.
• Positive Job Market: There are large businesses and financial centres in Glasgow, making it attract professionals seeking rental homes.

Top Areas for High Returns

1. Finnieston

Once an area that was used for the industrial form of operation Finnieston has since transformed into one of Glasgow’s most trendy areas which was recognised by the residents and visitors alike. It was home to a great selection of top-rated restaurants and provided great vibrancy which the young professionals and students found to be congenial.

1. Average Property Price: £200, 000 roughly.
2. Rental Yield: Six to seven per cent.

2. West End

Glasgow's West East is an area that is in high demand for investors due to its proximity to the University of Glasgow, as well as due to its excellent amenities and historic appeal. Areas around Hillhead, Partick and Hyndland are sought after by a reasonable number of investors.

1. Average Property Price: £300,000 (quoted).
2. Rental Yield: Around 5-6%.

3. Southside (Shawlands, Govanhill, Battlefield)

Glasgow’s Southside has seen significant redevelopment in recent years. Shawlands and Govanhill have both become hot spots in the area for investment which will see the renovated properties increase in value. Shawlands is well known as a hotspot for cafes and the bar scene, while Govanhill is well known as an area with high rental yields along with cheaper options which location will have provided as being easily accessible to the city centre. The area is considered a good choice for investments as it is well located for travel to everything in the city centre.

1. Average Rental Yield: 6-8%
2. Ideal for: Young professionals, families, first-time investors

4. East End (Dennistoun, Bridgeton, Parkhead)

Dennistoun has become increasingly in demand amongst young professionals and students and is one of the coolest places to live in the UK. Bridgeton and Parkhead are both benefiting from ongoing redevelopment projects along with the Clyde Gateway regeneration, which is aimed at transforming the East End into a prominent centre for both residential and business activities.

1. Average Rental Yield: 7-9%
2. Ideal for: Buy-to-let investors, budget-conscious buyers

5. North Glasgow (Possilpark, Springburn, Maryhill)

North Glasgow has a number of the highest rental yields that exist within the city, the areas which stand out are Possilpark and Springburn, and within this area of the city property prices are seen to remain relatively low. While in these areas there were historical problems present the regeneration has taken place which has improved the infrastructure as well as made the area livable thus making it a good location for investors who wish to purchase property to make a return on capital.

1. Average Rental Yield: 7-10%.
2. Ideal for: High-yield investors and those looking for long-term growth.