Dundee posted positive annual growth throughout 2018, increasing steadily throughout the year from 0.7% at Q1 to 4.7% at Q4 and accompanied by decreasing TTLs. Together these metrics suggest the underlying dynamic in Dundee is presently weighted towards demand. As with other major urban markets, increases were led by the larger 3 and 4 bed properties. The average property to rent in Dundee is now £578 per month with a significant 66% of properties let within a month.
“Lickley Proctor Lettings have continued to see a constant demand for rented accommodation over the last quarter with rental levels being maintained. Better quality properties, as always, renting sooner. We find tenants are taking much more care in choosing a property, therefore a sensible level of rent being sought plays an important part in the equation.”
I am a Tenant Landlord
