Average rents in Dundee rose on last quarter but sit down slightly YOY at minus 1.6%, £610 per month on average. As per Q4 2016, TTLs were again down 4 days over the year at 48 days.
“In the first quarter of 2017 Lickley Proctor Lettings have noticed there has been more interest from prospective tenants in those properties which are in recognised good residential areas and at the higher end of the market. It has been encouraging that there have been a few portfolios of rental properties sold recently which have been readily purchased by investors and we have also taken enquiries from new landlords which indicates that Dundee is still regarded as a good market for investing in the Private Rental Sector.”
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