Rents in Aberdeen returned to trend in the last quarter of 2019 with the market recording a modest 1% YOY fall to stand at £708 on average. An encouraging 47% of 1 bed properties let within a month as did 36% of the market as a whole. Many leasing agents in Aberdeen report a confident outlook for the region into 2020 with signs of increased corporate activity.
“Northwood Aberdeen has experienced an exceptionally busy Q4. Typically a quieter time of year, we have recorded at least twice the activity of the same period last year, with enquiry levels and move-ins at very encouraging levels. Northwood Aberdeen celebrated 10 years in business and have seen various changes in market conditions over the years and Q4 2019 shows a continued improvement in activity and reduction in stock levels which bodes well with renewed positivity and more certainty in the market for 2020.”
I am a Tenant Landlord
