Serving the city of Stirling is our Port Street branch where the services offered at this branch include lettings, estate agency, financial advice and our full range of legal services by our team of expert solicitors and estate agents.
23 Port Street
DX: DX ST45 STIRLING
Viewings and valuations are available outwith these hours.
We are proud to offer clients the support of some of Stirling’s most experienced property professionals from our estate agency and lettings office on Port Street. We also offer our full range of legal and independent financial services from the site.
The property market in Stirling slowed slightly during the final quarter of 2020 following what was an unprecedented period of activity during the summer and autumn months.
If you were selling a family home of either three, four or five bedrooms up to around £500,000 in the Central belt during the last few months you could almost have named your price and there were plenty of buyers.
As we moved into autumn we were still recording a high level of sales and instructions, particularly around the family markets in Stirling, Cambusbarron and Torbrex, and this level of interest continued in the winter months.
The gradual slow down during the last three months of the year is not entirely unexpected given it’s traditionally a quieter period for property transactions, but it can also be attributed to a number of other factors, not least the colder weather.
Another key factor which has affected the volume of transactions is the perception that the property market is closed, when in fact it remains very much open, with viewings and transactions able to take place, subject of course to the Covid restrictions.
There is huge demand in the area for three, four and five bedroom family homes and the lack of supply is certainly driving up values. The majority of homes are going to closing dates with multiple offers.
The lack of stock has in some cases led to potential buyers becoming apprehensive about putting their own property on the market for fear of not being able to buy another suitable home, creating somewhat of a vicious circle.
There is currently a substantial requirement for family homes, but with the vaccination programme going well and the possibility that restrictions may ease soon this should hopefully build confidence and we should see many more properties coming to the market.
The normal vibrant letting market in Stirling has slowed during the winter months, not entirely unexpected after a busy post lockdown period in the summer.
The normal high demand from students has reduced, with students now working from home or their parents’ homes rather than living in rented flats.
Given the current uncertain economic situation some landlords may be concerned that a tenant can qualify for a let move in and then lose their jobs and move back out very quickly and this could explain fewer available rental properties.
Demand levels across the city have dropped from flats in the city centre to the more rural properties.
Buying and selling in Stirling has certainly been the more popular option since the summer, and city family home rentals have dropped somewhat as the sales market has improved.
Typical rents across Stirling range from £450- £600 for one bedroom flats, to £ 900-£1,200 for detached and semi-detached homes.
Despite the current sluggish nature of the rental market, we now have some reasons for optimism with the vaccination programme well under way, and the prospect of restrictions easing over the next couple of months.
Any major improvement on the ability to travel and mix could certainly have a positive impact on the local market, particularly in terms on the student population.
Stirling is a vibrant city, world famous for its impressive castle but offering many other buildings of national importance and historical interest. The city boasts an excellent range of facilities including city centre shops, edge of town retailers, business amenities, restaurants, pubs, cafes, museums, art galleries, sporting clubs and leisure facilities. The commuter links from Stirling are impressive with the M9 to Edinburgh, M80 to Glasgow and A9 to the cities of the north. There is a main line rail station linking to all these destinations.
Edinburgh and Glasgow are within driving distance of Stirling, offering an excellent mix of business, leisure, shopping and cultural amenities. Additionally, Edinburgh and Glasgow international airports are easily accessible by road.
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We have been clients of Aberdein Considine for over 10 years now because of the consistent high quality service we have always been provided with.
D. Ellington, sale and purchase client
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