We’re DESPERATE for you to invest in the City of Discovery with us!
Dundee is thriving at the moment, so why not invest?
The Scotsman ranked Dundee the best place to live in Scotland 2019 We are absolutely thrilled with this because it shows what we have believed for a long time; we are a small city, with excellent communities; and we are bursting with culture.
The V&A effect– The Victoria and Albert Museum coming to the city was a huge coo, and has seen tourism to the City of Discover get a much needed shot in the arm. Both the Verdant Works and Discovery Point having increased numbers. Dundee has also seen a growth in the number of hotels springing up, this has been great for the hospitality sector due to the spurt in local jobs being created.
Slessor Gardens has brought world class acts to the city for the first time in decades, seeing the likes of Tom Jones, Rita Ora and Little Mix.
The City of Dundee is home to two huge Universities, bringing in around 15,000 Undergraduates to the city every year. The University of Dundee was voted best uni of the year for student experience in The Sunday Times Good University Guide
Dundee and Property
House prices in Dundee are still very reasonable with good rental returns meaning that both the return on the investment and the yields are excellent, and in turn, highly competitive when compared to Glasgow, Edinburgh & Aberdeen.
The average property rental value in Dundee now stands at £633 per month and takes and average of 45 days to agree a let. The rental data for the city is consistent with the resurgence of Scotland’s 4th largest city and its considerable positive economic and redevelopment according to City Lets.
The average price for a property for sale in Dundee is around £170,000.
Easylets are not just a flash in the pan, we have been in the Dundee Property market for over 10 years and we are all local people.
- We know what an investor should and shouldn’t be looking for in the city
- We can give you expert local knowledge
- We really care
- We want to see Dundee continue it’s upward trajectory
What can we offer investors
We can offer everything you might want to look after your property from Lettings, to renovations and redevelopment, to sales, purchasing and sourcing.
We had a staggering 398 lets agreed 2019 with an average rental value of £672.43.
We took an average of 31 days to let properties , which is much better than the industry averages shown above (45 days).
Our rates are very competitive and we have a proven track record as well has having fully qualified staff and being a Registered Letting Agent (LARN1905021) and a member of the Chartered Letting Agents.
We advertise on a wide variety of portals Rightmove, Zoopla, Letting Web, S1 Homes, On The Market as well as our own website and other smaller portals.
We have a local presence with our shop being located in a popular city centre location attracting heavy footfall.
We manage both residential properties and student properties and have a large and loyal client base. Which shows we must be doing something right!
Looking to Sell a property?
We now have an in house estate agent who can do that for you, Gareth has an excellent track record of selling property over market value. 1st Avenue won a number of instructions in 2019 with 90% selling over market value!
Looking to buy?
1st Avenue have a some great listings, including properties that are excellent Buy to Lets (BTL) and with Easylets guidance we are able to give accurate rental valuations and advise you on what your yield will be.
We work closely with Trades24 and new investors can rely on them for a number of things for example:
They are maintenance and renovation experts, particularly in the buy to let market with specialist knowledge of HMO properties.
They undertake all job types the smallest of jobs to full property renovation, Trades 24 do it all, Joinery , Plumbing, Electrics, Decoration, Floor fitting. and much more.
Trades 24 offer a hassle free service to all of our clients, taking the pressure off of renovations from start to finish……so you don’t have to!
Trades 24 cover have covered all major markets including, Letting Agencies, Health & Dental Establishments, Hotel and Leisure, Historic and Listed buildings, Commercial & Retail property, Private housing and Private Landlords.
Trades24 offer a free advice and quotation service with no obligations.
To find out why we’re DESPERATE for you to invest in the City of Discovery, or to find out more information on any of the above or just want an informal chat about getting involved in investment property in Dundee, please do not hesitate to contact us.
Direct Dial: 01382 207770