Inverclyde region in Scotland is Britain’s second fastest selling market

August 2024

by Gordon Campbell

• New analysis reveals that Port Glasgow in Inverclyde, our main investment focus area is Britain’s second quickest selling market, with the average home finding a buyer in just 26 days.
  
  
• Carluke near Glasgow is first (24 days) and Falkirk is third (27 days) 
  
  
• It currently takes 43 days to find a buyer in Scotland, compared with 71 across Great Britain: 
  
  

Wales is the slowest overall, taking an average of 82 days to find a buyer

• It’s taking an average of two weeks longer to find a buyer across Great Britain than at this time last year, with buyers remaining price sensitive and having more property choice to consider 
  
  
• Scotland (+3 days longer to find a buyer) and London (+3 days longer) are the least affected areas compared to last year.
  
  
• The East of England (+19 days longer) is the most affected 
  Swanage in Dorset is the current slowest market, with an average home taking more than two months longer to find a buyer than at this time last year.
  
  

Scotland remains the quickest market across Great Britain, finding a buyer in 43 days on average, while Wales takes over from London as this year’s slowest market to find a buyer, with it taking on average 82 days to find a buyer. 

Why

We have been focusing on Inverclyde area near Glasgow for the last 4 years.

We saw at that time and what was planned for further and significant infrastructure spending to road, rail, town centres, leisure and business centres/parks and major port expansion for cruise liners and shipping.

This recent blog explained in detail why. http://allianceproperty-group.co.uk/items/news-section/Why-Does-The-Glasgow-Economy-Make-It-One-Of-The-Best-Local-Economies-and-Property-Markets-in-the-UK-

The Results

Inverclyde has been enjoying being one of the fastest growing areas in the UK for the last 3 years for house price growth, rental yield growth and tenant demand and now being confirmed as the 2^nd fast property market in the UK.

Investors who have trusted us in everything we say and do have reaped the rewards and in life changing financial benefits.

Summary

If you would like an impartial discussion on how we can help you in starting or developing your property portfolio then please get in touch.

We will hold your hand at every stage and beyond while sharing our 45 years’ experience, knowledge and expertise as successful investors with you. Contact Us

Alliance Property Group. Making a Difference