Scotland Property Investment

I may be biased, but I still feel Scotland property investment is worthwhile.

When people/journalists talk about property prices falling around the UK, they are generally talking about the south of the country - and not property prices in Scotland. Prices in the north of England have been rising at higher rates over the last 2 years as play catch up with the south. And Scotland property investors have enjoyed rises of up to 30% this year, and are expected to see averages of 5-10% next year.

As every where else in the country there are some areas performing better then others, and some markets are over saturated. In the Scotland property market if you look at Edinburgh currently, the capital growth has been very high, but as in other major cities, rentals have not kept up. Therefore if are looking at a buy to let, in particular in the corporate letting 2 bed apartments, yields will not cover your mortgage repayments.

For buy to lets Stirling, Dundee and Inverness would be a better bet when looking at Scotland property prices and yields. But clearly the price and location within these cities will be key in this.

When I am down at consultations/meetings in the south of England with investors, they cannot believe some of the yields I tell them are still available.

However most of them tell me they would not know where to start when looking to get the best deals.

Therefore I have been working hard over the last few months to build up my team of finders in Scotland property hotspots and other hotspots that are still achieving high rental yields in the UK.

I now have a team of finders covering Aberdeen, Dundee, Glasgow and the west coast, and the Edinburgh area, as well as the north east of England - every one of these finders is a full time professional property investor.

They will only offer me deals that provide a minimum of 8% yields.

Some of these will be bought already tenanted, so rental yields will be clear.

I will be discussing these deals in my newsletters but to ensure you are notified as soon as these become available because they go very quickly, please sign up for free email alerts at Property Investment Deals - high yielding buy to lets!

The vast majority of Scotland property I will offer will generally be priced anywhere from £20-80,000, and therefore be perfect for investors looking to get started, as can buy with under £10,000, which is not easy!!

As we all know cash flow is key as a property investor, and it is important to have properties that are cash positive every month - every property will make money every month.

To see examples of recent deals, go to Example of a UK Buy to Let deal

To give you an idea of types of properties I will be able to offer I have given details of 3 examples below. I had meant to email 6 deals during week but went to subscriber before could send email out!

The thing with deals this good is they go very, very quickly!!

All 3 are high yielding, generating money and are the sort of examples of Scotland property deals I can offer on a regular basis.

35 apartment block - The owner is looking for £1.6 million, so £45k per apartment. The flats are achieving £300 pm per flat. However the rent could be increased as it has not had an increase for a while. He is currently using a local professional property leasing company, the same one as I use myself. This would be my recommendation to maintain continuity. They charge approx 10% management fee, but they have all trades to maintain and do repairs where necessary. They are definitely the most professional and efficient company I and other investors I know have worked with. I would be able to get accurate verbal valuations free of charge, and then could get proper written valuations if you want to pursue it. All tenancies are short assured. Tenants are responsible for their own council taxes above the rental price. The General feeling is that due to a retail development away to be built it will regenerate the area and valuation could be as high as 2 million in next 3-5 years.

So 8% yield and could get more !!

Net yield would be around £100-125 per property per month - so £3000 plus every month!

On a 85% Buy to Let mortgage, would be only putting in £210,000.

Just think could put 15% down and have enough each month to cover an income - I'll be honest a deal like this is few and far between, don't expect us to produce this every week!

Two individual buy to lets

Property 1)

3 Bedroom first floor flat close to main hospital, it is an ex local authority and comes with warm air gas central heating. Current landlord has had property in excess of 10 years. Has been letting it out for £450 per month. Landlord is currently installing new upvc double glazing; He would sell at £64,000. Property cost would include furniture.

So 8% yield again, over £100 cash positive each month!

Property 2) 1 bedroom flat - tenant’s lease comes to an end in February. Flat would need some work approx 1-2K to tidy up, but this would reflect in surveyor’s valuation. Due to the fact that the internal stairwell is also scruffy this has the biggest impact on keeping the valuation lower. Landlord would sell for £50K. Rent achievable would be £325 pm.

Yield of 8% again!

A bit more attractive than some of the off plan city centre apartments that are offered, that are often over priced and cannot cover monthly costs??!!

To make sure you hear about these deals as soon as they come out, sign up for email alerts at Property Investment Deals! and you will be added to the mailing list for these high yielding buy to lets!

Any questions/queries on Scotland property investment, please email us at info@property-investment-tips.com

Check out my recommendations for UK mortgages!

And check out my recommended Scotland property investment deals!