Contact information for Scotland’s leading national law firm, solicitor estate and letting agent. Aberdein Considine,420-424 Union Street, Aberdeen.
420-424 Union Street
DX: DX AB46 ABERDEEN
Viewings and valuations are available outwith these hours.
We are proud to offer clients the support of some of Aberdeen’s most experienced property professionals from our estate agency and lettings office on Union Street. We also offer our full range of legal and independent financial services from the site.
2017 was undoubtedly a particularly tough year for the market in Aberdeen. From around November 2016 through to May 2017, the market began well with asking prices being achieved at valuation, however activity and demand slowed down in the summer and winter months, which led to an exceptionally difficult market.
The third quarter of 2017 saw an outbreak of stability for the first time in three years in the north east market.
Going into the New Year the market started slowly, with small, green shoots of positivity. With confidence slowly coming back it was a very encouraging start to the year.
The market saw some momentum during Spring and as we enter the summer months and it is expected that the market will continue to pick up pace. The general attitude to the market in Aberdeen City seems to be positive and there is optimism that things can and will only get better.
Ex council properties continue to do well and a strong number of these sellers are upsizing and buying again in the local area which is helping to support the higher end properties. These are affordable for first time buyers which can only help move the property market on.
The early signs for 2018 were positive, with the number of valuations for new stock at a high level, which should generate plenty of interest and a high number of sales. Viewing agents diaries are being booked up days ahead, which in this case is now leading to offers coming to fruition.
If the oil price can be sustained we would expect this to be reflected in a stronger market throughout 2018, with summer being particularly busy, albeit any recovery will be gradual rather than sudden.
After a couple of difficult years, the Aberdeen leasing market is showing the first signs of recovery, with the city centre recording increased numbers of enquiries and viewings. These two factors will have an immediate effect on number of lets secured and may lead to a slow recovery of the rental values later in a year.
The latest figures from Citylets also supported the view that rents in the city could be in recovery. The good news for landlords was that the average rent in the city is now £707 per month for 2 bedroom properties and around £500 for 1 bedroom flats. Whilst there remained a downward trend, with rents 4.3% year on year, this was an improvement from the minus 6% seen in the previous quarter.
With a varied portfolio of properties on our books, we expect to attract all types of tenants. However, at present our modern one bedroom properties generate most interest.
We have also noted slightly increased interest in our higher end properties, mainly from private tenants.
Rents in Aberdeen remain above the national average and properties are taking an average of 50 days to let.
The evidence suggests that it would be reasonable to believe that rents will fully level off in 2018.
With the number of new comers relocating to the city increasing, we no longer rely only on 'movers' which should restore market confidence. 2018 should bring some stability with a better balance of supply and demand which should lead to a slow recovery of rental values. The early signs are very encouraging.
Cults is an attractive and popular suburb on the western edge of Aberdeen. Situated on the banks of the River Dee and surrounded by beautiful countryside, Cults retains a village feel and boasts a number of green spaces. This includes Allan Park and the nearby Countesswells forest walk.
The main schools in the village are the state-run Cults Primary School and Cults Academy, which is one of Scotland’s highest performing secondary schools. On top of this, the International School is only a short drive away and there are many pre-schools dotted around the area.
It is located within a few miles of the city centre, with regular buses running into town. Cults is well served by a wide range of amenities including excellent local shops, banks, post office, library, medical centre and public transport facilities. There are several independent and chain cafes providing the perfect place for socialising with friends.
The village provides a variety of recreational activities including Cults Sports Complex, a modern, multi-functional facility with a 6-lane swimming pool, indoor sports halls and a fitness suite. North Deeside Road is also the gateway to Royal Deeside.
Northfield is a small town in the north west of Aberdeen, less than three miles away from Old Aberdeen and four miles from the city centre. A regular and reliable public transport service provides quick and easy access to the city centre.
The area is well served by local shops and leisure facilities including a swimming pool and the Aberdeen Hospitals Complex is within easy reach. Northfield has both a primary and secondary school and is just a ten minute drive from the University of Aberdeen.
Located close to the city’s main arterial route, Northfield provides a quick route to most areas of the city. It is easy to reach Aberdeen International Airport and the oil related offices at Bridge of Don, Dyce, Kingswells and Westhill.
Peterculter is a popular, thriving suburb just a short drive from the city centre. This makes it the ideal commuter base for those who want the benefits of a more rural home while working in the city centre.
Also known as Culter, the suburb is on the northern banks of the River Dee, near the confluences with Crynoch Burn and Leuchar Burn. The town offers the chance for many local walks including the connection to Deeside Way at the site of the former Culter railway station.
The village itself has a wide range of amenities including shops and medical facilities both in Peterculter and neighbouring Cults. Peterculter is also handy for the ever-expanding business parks at Kingswells and Westhill. There is an excellent primary school close by and secondary education can be found at Cults Academy.
Torry is a thriving community separated from the heart of Aberdeen by the River Dee. It is connected to the north bank of the Dee and the centre of Aberdeen by three bridges; Victoria Bridge, the Queen Elizabeth Bridge and the narrow Wellington Suspension Bridge.
It is famous for its fishing community and still has a number of fishing businesses operating close to the Dee. The location offers a variety of primary schools and secondary education in Torry and the surrounding areas.
A wide range of shops are available locally and there is an active social and recreational life with facilities ranging from a swimming pool, community centre and golf course. The city centre is within easy walking distance and is well served by public transport.
Rosemount Place is situated in the north-west of the city centre and is bounded by Berryden, Midstocket and Queens Cross. The buildings around Rosemount are mainly Victorian style with grey tenement blocks representative of the period. There are larger, detached homes in the west end.
Rosemount is a highly desirable location with a range of excellent amenities with a variety of individual shops including a Sainsbury’s supermarket. Rosemount is a unique area since it maintains a number of traditional premises such as butchers, fishmongers, cheese shops and bakers. It also has a number of smaller boutique shops.
There are excellent recreational facilities and Rosemount is well placed for access to the Royal Aberdeen Hospital complex and Cornhill Hospital. The area is served by good public transport facilities which make many parts of Aberdeen easily accessible, and if you are looking to commute, a short drive leads you to the main Aberdeen ring road.
Ferryhill is a district in Aberdeen located to the north of the River Dee. The area is well served by local shops and public transport facilities. It is within relatively easy walking distance to the city centre and accordingly a wide range of pubs, clubs, restaurants and leisure facilities are all close to hand. Duthie Park with its many attractions, including the Winter Gardens is also situated nearby.
The location is within the catchment area of good primary and secondary schools. Ferryhill primary school has about 350 pupils, making it one of the largest primary schools in Aberdeen. The most common choice of secondary schools for Ferryhill residents is Harlaw Academy.
Milltimber is an attractive village situated between Peterculter and Bieldside in the Lower Deeside area to the west of Aberdeen. It is a sought after residential suburb with a great choice of properties from starter flats to large family homes, making it the perfect place to settle for single buyers, couples and families.
Local amenities include an excellent primary school and community centre with secondary schooling provided at Cults Academy. Leisure facilities include the 18 hole golf courses at Royal Deeside and the walkway along the former Deeside Railway Line.
A full range of shops, services and recreational facilities are available at Cults and Peterculter. There are regular bus services into the city centre and easy access to the expanding business and industrial estates at Kingswells and Westhill, making it the ideal commuter location.
The Hilton area is a popular residential district and enjoys a convenient location within the city, close to many amenities including the retail parks at Berryden and Kittybrewster and the hospital complexes at Foresterhill and Cornhill.
The location is the perfect spot for families, with several primary schools in and around the Hilton area including St Peter’s RC School, Seaton School and Sunnybank School. The University of Aberdeen is also in a handy location just a five minute drive away.
There are many community, recreational, and sporting facilities, and regular public transport. Excellent road links ensure ease of access to the City Centre, the oil related offices at Dyce and Bridge of Don, and Aberdeen International Airport.
Summerhill is a pleasant residential area in the west end of Aberdeen with easy access by car or bus from the city centre. The area is situated between Kings Gate and the Lang Stracht. It is within easy reach of the Health Campus at Foresterhill, Woodend Hospital, Woodhill House and the city's main Anderson Drive trunk road, with links to the suburbs and the airport.
There are local schools at both primary and secondary levels, with Summerhill in the catchment area for Hazlehead Academy. Summerhill Community Centre offers a wide range of learning and leisure opportunities for all age groups. It runs activities throughout the week including dancing, hill walking, climbing, orienteering and cycling. Additionally there are many local shops and supermarkets nearby and a municipal bus service.
Mastrick is an area located on the western fringes of Aberdeen, just under three miles away from the city centre. Mastrick is located close to the headquarters of Aberdeen Journals and there are several shops and local amenities including a doctors, dentists and local primary and secondary schools.
It is within a short walking distance of Hazlehead Park, Northfield, Sheddocksley, Summerhill and Woodend. Woodend Hospital is a short distance away from Mastrick, as is the hospital complex at Foresterhill. Anderson Drive offers easy access to the main business centres in the north and south of the city.
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