Buy-to-let in Glasgow – 5 important things to consider

Whether you are looking to expand your property portfolio or purchasing a property for the first time there are a number of important things to take into consideration before you buy to let a property.

If you’re looking to invest in property, then Glasgow is a great place to do it. With a growing economy and plenty of opportunities for tenants, the city is a great place to buy to let.

But with so many areas of Glasgow to choose from, which are the best?

There are a number of factors you need to take into account when choosing the best buy to let areas in Glasgow.

You need to think about the potential return on investment, as well as the current market conditions.

You also need to consider the demographics of the area, as this can impact the type of tenant you’re likely to attract.

In this article, we’ll talk about some of the things you need to think about before buying a property to let – so that you can make the best decision for your needs.

Potential return on Investment

The first thing you need to think about when choosing a buy to let area is the potential return on investment.

This is one of the most important factors to take into account, as you want to make sure that you’re getting a good return on your investment.

This is usually determined by looking at the average rental prices in the area, as well as the capital appreciation.

You can find out the average rental prices in Glasgow by contacting letting agents or searching online.

Capital appreciation is the difference between the purchase price and the sale price of the property, and it’s a good indicator of how well an investment is performing as it shows the increase in value of a property over time.

This is usually determined by looking at house price growth in the area.

Again, you can find this information by contacting letting agents or searching online.

Current market conditions

It’s important to keep up to date with the latest news on the property market.

This will help you make an informed decision about whether now is the right time to invest.

This includes things like the unemployment rate and the average wages in the area.

If there are a lot of people out of work, then they’re likely to have less money to spend on rent.

Conversely, if wages are low, then people may be more willing to accept lower rents.

Area demographics

When it comes to buying to let, the most important thing is to choose an area that is in demand and where prices are rising.

This will ensure that you get a good return on your investment and that your tenants are happy. The demographics of an area can also impact the type of tenant you’re likely to attract.

For example, if there are a lot of students in an area, then you’re likely to get tenants who are looking for cheap accommodation.

If there are a lot of young professionals in an area, then you may be able to charge higher rents.

Again, letting agents or online searches can help you to find out this information.

Letting agents

Glasgow letting agents like Yates Hellier will have a good idea about the best areas to buy property in the city for rental purposes.

They can offer advice on which areas are most popular with tenants and what type of properties are in demand.

Property management

Property management is an important consideration when buying a property to let.

Once the property has been bought a Property Management company, such as Yates Hellier, can provide a full management service, taking care of all the day-to-day tasks involved in running a rental property.

This can include finding and vetting tenants, collecting rent, and dealing with repairs and maintenance issues.

You also need to think about things like void periods, as this is when a property is empty and you’re not receiving any rent.

Using a property management company such as Yates Hellier can help you to minimise void periods by finding suitable tenants quickly.

What’s next?

So, above are some of the things to consider when choosing the best areas to buy to let property.

With a little bit of research, you can find an area that has great potential for growth and will give you a good return on your investment.

By taking all of these factors into account, you can be sure that you’re making a wise investment and that your tenants will be happy.

Yates Hellier is one of the leading letting agents in Glasgow.

We can offer advice on the best areas to buy property to and help you find the right tenants for your property.

For more information, please don’t hesitate to get in touch with us today.

How can we help with your property?

Complete the form below and one of our team will get back to you as soon as possible.

What people say about our property management services

FAQs

What people say about our property management services

a stand out company

Your investment is only as good as your letting agent.

Glasgow rental property has proven to be a great investment over the years. However, all investments have risk and not all Glasgow letting agents are equal. My job at Yates Hellier is to ensure that my client’s investments produce consistent results.

Jack

delighted with the service

Your investment is only as good as your letting agent.

Jack

FAQs

How do I obtain an investment property in Glasgow?

Aside from the conventional on-market routes through estate agents and auctions, speak to local letting agents too. They may have clients that are actively looking to dispose of investment properties or are considering selling. We often sell properties off-market with sitting tenants directly to other investors. The benefit is that the selling landlord has rental income until the lease expires, and the new landlord has a fully managed, revenue generating asset from day one. Both parties have no void costs or liabilities. If you are set on a particular street, you could have your Letting agent approach the owners to see if any would consider selling their property off market.

Who pays for an EWS1 form?

In Scotland it is the ‘owner’ of individual flats. So, if you wish to sell – this is you. This is due to the differing method of ownership in England and Scotland. In England and Wales, EWS1 form applies to the whole building. In England the ‘owner’ is the freeholder - they never fully own their property.

invest in glasgow property

switch your letting agent

Yates Hellier is one of Glasgow’s leading letting agents and estate agents. Our hands on service provides exceptional value to our clients.

We provide a premium service to discerning landlords and sellers who appreciate a quality service with unrivalled attention to detail.

2 Woodside Place
Glasgow
G3 7QF

Yates Hellier: Glasgow Letting agents & estate agents

Client money protection Certificate

Google Rating

4.9

Based on 246 reviews

Yates Hellier Sales & Lettings

4.9

Jane Oleksiw

1696279721

I had such an enjoyable experience dealing with Yates Hellier. I am an international student from Canada who recently moved to Glasgow and was able to find accommodation with such ease with the help of everyone at Yates Hellier. A ton of my stress and concern about moving to an entirely new continent was very much so minimized with all of the help and support I received. This letting agency is nothing short of professional, efficient and supportive. I would recommend this agency time and time again!

Nadia Carveth

1696264927

I rented a flat under Yates Hellier before Covid. I never had any issues with them and they were always available for assistance :)

Tom P

1696089002

I have been a tenant with Yates Hellier for a while now and they have always been friendly and quick to respond to queries regarding maintenance etc — they are also very engaged with looking after their properties and I would use them if I was a landlord due to their professionalism and efficiency.

Louisa “Coco382014” Coco

1696082475

Always great service from Yates Hellier. I've been a tenant for 6 years and intend to continue this lengthy tenancy for as long as possible.

Gordon Wheatley

1696060352

We bought and sold with Yates Hellier and found them to be extremely professional.What we liked was the regular/daily updates with Ross Yates.Anyone thinking of using Ross Hallier we would strongly recommend that you use Ross to do the viewings.

Harry Gascoigne

1695897488

Yates Hellier are a brilliant letting agent, who always went above and beyond to ensure that we felt comfortable and safe in our flat. 10/10 from us! Thank you so much.

Lauren Short

1695885435

Yates Hellier provide peace of mind that our property and tenants are well looked after. A very professional and friendly service - would highly recommend to first-time landlords.

Daniel Hoffmann

1695843273

Ross was a brilliant agent. He was open and honest and I felt like I could trust him from our first meeting. He was also incredibly accommodating and took all our personal considerations into account. We had been looking for a bigger place for a while and with his backing we decided to put our flat on the market before finding a new place. This was a considerable risk for us due to time pressures in our family situation, however, Ross helped guide us through the selling and buying process. We were very lucky in the sale of our flat and achieved an amazing price which allowed us to offer on a property which would have previously been out of our budget. I say we were lucky but sometimes you make your own luck and in this case I whole heartedly believe that we would not have been as lucky if we didn’t have Ross taking us through both processes. We are incredibly happy with how things have worked out and have Ross to thank, I cannot recommend YatesHellier highly enough, they were brilliant!

Gabriel Motzkin

1695654387

I am grateful I found them. We are in Glasgow for part of the year, and they manage our apartment. Yates, Hellier are the best. We couldn't do it without them. We have had other property managers around the world, and there is simply no comparison. Moreover, their prices are reasonable.

scotwheels1

1695647160

From initial contact to sale, the team were both friendly and professional. Cant recommend them enough!

Hannah Robinson

1695623008

Our experience as tenants with Yates Hellier was very positive and the best we have had from any letting agent. Whenever there were any issues with the flat, it would take them no time at all to get them sorted and they always communicated with us very well.

Derek Walker

1695563325

Ross was very professional and showed good negotiation skills with potential buyers as the market was dropping. Yates Hellier as a whole were very good and refreshingly they don't tie you into 6 month contracts like other bigger estate agents. This is invaluable in a falling market as it gives you the option to postpone the sale and not be penalised.

Jenni McKittrick

1695553497

I recently sold my house in Burnside with Yates Hellier and could not be more delighted with the service provided. Ross was able to offer expert advice from start to finish, enabling for a smooth transaction. I would highly recommend Yates Hellier to anyone looking for a personal and friendly service when selling or buying. Thanks again.

Joan Capper

1695478222

First class professional and personal service

Brian Maybin

1695397449

I had a fantastic experience with Yates Hellier. I actually ended up using them by chance but I’m glad I did. I was very impressed by Ross. His knowledge of the market was excellent. He had clear understanding of the processes and great ability to convey to this to me as his client. We were updated throughout. Yates Hellier seemed to have a good vetting process for potentional buyers. If you are looking to achieve the best potentional for your property sale Yates Hellier is an excellent choice.

Yaman Rajab

1695381397

Osman Sahin

1695375702

Very friendly employees. They answer any questions you've and do their best to solve your issues.

Douglas Wardell-Johnson

1695370033

Rented from them, always Professional and fast to respond to requests, with in-house handyman quick to come look at minor issues when asked.

Gwyneth Dunn

1695320551

Brilliant service and friendly staff at Yates Hellier

Robbie Laidlaw

1695306790

Yates Hellier are a letting agency who are direct and simple to deal with. 95% of the issues we have raised have been dealt with promptly, as they send over a workman to fix the problem.They do regular inspections ensuring the flat is in good condition, but also as an oppurtunity for us to raise issues. occasionaly things we have mentioned in person have fallen through the cracks, but mostly dealt with when reminded in an email.

Hayley Macklin

1695301879

Rented a property for 5 years with Yates Hellier. Great communication, nothing was ever a problem if we needed help or repairs. Whole team were polite in any visit they done to the property & never invasive. Great company!

James Matthew

1695298253

I had an excellent experience of both the sale and letting of my property with Yates Hellier.I decided to sell the property after the rental. It had been left in immaculate condition. The marketing material, photos and video they produced were incredibly professional so i decided to talk to Yates Hellier about selling my property. I had previously got in the market leader in Glasgow to give me an estimate. I decided to take a chance on Yates Hellier as I liked everything about them- A young vibrant team and image who are friendly and knowledgable. I didn't feel like i was being lied to or forced into anything to get the sale, as i did with the other company.Ross and his team lined up 37 viewings in the very short time it was on the market. He held to his promise that he would get the very best price for my property. The offer way exceeded my expectation. We even decided to go for offer no 2 as the purchaser's were chain free and in a better position than the first offer. This was all driven by recommendation and the diligence relayed around each prospective buyers circumstance was exceptional.Having very successfully got the deal over the line, I half expected something to go wrong prior to the moving stage. Not so. Again Yates Hellier delivered first class agency in facilitating a mutually beneficial moving arrangement to both myself and the buyers.I wouldn't hesitate to use Yates Hellier in the future. If you are looking to sell your property I strongly advise you to call them and at least have them in for a quote. You will be glad you did.A big thank you to the Yates Hellier team for an outstanding result!

See all reviews