Serving the West End area of Glasgow is our Byres Road branch which is managed by Partner, Gavin Crowe and offers lettings, estate agency, financial advice and our full range of legal services to clients.
108 Byres Road
DX: DX 500203 HILLHEAD
Viewings and valuations are available outwith these hours.
We are proud to offer clients the support of some of Glasgow’s most experienced property professionals from our Glasgow West End estate agency and lettings office on Byres Road. We also offer our full range of legal and independent financial services from the site.
As lockdown ended in June there was some anticipation that the market would burst into life but the level of activity we saw exceeded all expectations. One key feature was a change in buyers’ needs, with many who had not even considered moving now actively exploring the market.
Most obviously there has been a greater requirement for more space, especially given the new normal around homeworking. Certainly access to a garden as well as closer proximity to outdoor spaces such as parks was also a high priority.
In addition, the temporary changes to LBTT has also enticed more buyers, with the cumulative effect of demand outstripping supply and Glasgow experiencing a micro boom in property sales.
During the third quarter we saw an average selling time in Glasgow of just 15 days, with selling prices more often than not over the Home Report value. During the months following the end of the initial lockdown it wasn’t unusual to see 25 to 30 viewings for every property sold, undoubtedly a sellers’ market.
Looking ahead, we still face a number of issues not least Covid and the Brexit deadline on 31 December however we also have solid reasons for optimism.
The progress on vaccines is extremely positive and signs are emerging of a return to the 90% mortgage deals. Furthermore the Scottish Government have also indicated that the First Home Fund will open to applications early next year.
All of this should ultimately augur well for the economy and have a knock effect for the housing market.
The final quarter of 2019 provided further evidence that the Private Rental Market in the West End and more widely Glasgow is still booming and shows no time of slowing down.
The final three months of the year continued to see a strong flow of new properties coming on to the market and this has resulted in a very busy period with monthly rents still on the increase and the demand from tenants still very high.
The latest figures from Citylets revealed that the average rent in Glasgow has now broken through the £800 mark for the first time, at £803, up 2.3% year on year.
The market is operating at a sustained and fast pace and it’s now taking an average of 27 days to let.
Leasing is certainly a popular option for many with average house prices in Glasgow seeing regular rises throughout 2019, and many properties coming to the market are enjoying the luxury of having several potential tenants making applications.
One bed properties were renting fastest at 22 days which is unchanged on the last year and 67% of homes were let within a month – the same as the Capital. At this stage any implications from the imminent EU exit are yet to make a tangible impact on the market, however the current pattern would suggest that the next few months at least should remain busy with a number of landlords looking to add additional properties to their portfolios.
Dowanhill is one of the West End of Glasgow’s most sought after pockets boasting a diverse range of traditional properties near the cosmopolitan Byres Road.
Situated just two and a half miles from Buchanan Street, Dowanhill is surrounded by a wide selection of bars, restaurants, cafes and well known high street shops. The West End is scattered with boutique style shops which give a bohemian feel to the fashionable shopping scene.
The area offers a variety of property styles from cosy attic flats, four storey sandstone traditional townhouses to discreet basement apartments. The district is also within walking distance of Glasgow University and The Royal Botanic Gardens, and offers great transport routes, with a subway running conveniently to the City Centre.
Jordanhill is an affluent area in the West End of Glasgow. It is one of the most sought after places to settle down in the West End and is popular amongst both families and single buyers. The area consists largely of terraced housing dating from the early to mid-20th century, with detached and semi-detached homes and modern apartments.
Families who settle in Jordanhill benefit from access to the highly regarded Jordanhill School and there are beautiful parks within walking distance. The City Centre is a mere 15-20 minute car journey and the area is sure to appeal to all who desire a suburban feel whilst benefitting from close proximity to the busy city centre.
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