Dundee

Eilidh Finlayson

Finlayson Gore, Dundee - Eilidh Finlayson

“Q2 of 2025 has been fairly stable with landlords seeing improved yields following the removal of rent increase restrictions. Many have been able to negotiate reasonable uplifts while retaining their long-term tenants. In the student market, the continued influx of purpose built student accommodation (PBSA) in the city has prompted existing investors with traditional student accommodation and HMO’s to carefully plan and implement upgrades to their available properties to ensure that they remain attractive to tenants. As a result, student rents have stabilised, showing little increase over the last two years.”

Market Overview - Q2 2025

BedsAverage
Rent
Rent Change
1yr
Rent Change
5yrs
Rent Change
10yrs
Av. TTL
(days)
TTL Change
YoY
Let within
a week
Let within
a month
1 bed £600 -4.9% 39.2% 51.1% 35 4 21% 55%
2 bed £831 -9.9% 26.3% 47.3% 41 4 14% 50%
3 bed £1,079 -18.8% 27.8% 31.7% 38 0 4% 50%
All £862 -9.9% 29.0% 44.1% 39 3 15% 51%

Average Rent (pcm) by Number of Bedrooms

Average Time To Let (TTL) by Number of Bedrooms

Rental Index (base Q1 2010)

YearQ1Q2Q3Q4
2010 100.0 94.3 94.3 93.4
2011 102.8 95.5 91.8 86.1
2012 96.2 93.2 94.6 91.5
2013 99.3 98.1 96.4 91.7
2014 103.3 97.4 98.4 94.6
2015 101.9 103.8 99.7 99.0
2016 107.6 104.0 102.4 103.6
2017 105.9 104.7 101.4 95.8
2018 106.6 107.3 104.9 100.3
2019 107.6 106.9 109.9 104.2
2020 109.4 116.0 109.9 108.5
2021 111.5 115.5 122.7 117.2
2022 125.3 133.2 137.8 148.1
2023 145.0 154.7 161.1 156.9
2024 153.1 166.1 163.5 150.0
2025 144.8 149.7    

Market Composition

Yield by Popular Postcode (Flats):

Postcode20172018201920202021
DD1 7.70% 6.70% 6.70% 6.70% 7.1%
DD2 6.40% 6.60% 6.20% 6.30% 6.3%
DD3 7.80% 7.10% 7.10% 7.30% 7.1%
DD4 8.70% 7.40% 7.20% 7.00% 7.0%
DD5 5.00% 4.50% 4.50% 4.50% 4.5%
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