Top 5 Residential Areas to Buy Property in Glasgow
Best Area to Buy Property Glasgow 2019
Are you looking for the best area to buy a property in Glasgow in 2019? Here are our top 5 areas to buy property in Glasgow for 2019;
- The West End
- Merchant City
The rest of this blog post will go on to explain in more detail as to why each area has been selected and made it into our top 5 places to buy a house or a flat in Glasgow in 2019.
THE GLASGOW PROPERTY MARKET
Glasgow has shaken off her rough exterior of yesteryear and has came out refreshed as a huge economic and industrial centre that continues to grow and expand. Although the property market has not quite reached the lofty heights of her old rival Edinburgh, you can still expect a good return on your property investment, and in some postcodes, a higher chance of strong capital growth, especially in the areas highlighted below. It is now harder than ever to secure a property in the city and no one knows this more than first time buyers. With property prices at an all-time high, getting your first step on the property ladder must seem like an impossible task to some, but with the right advice and strategy it can be easier than you think.
BEST FIRST TIME BUYER AREAS GLASGOW
What are the best first time buyer areas in Glasgow? With several factors to consider when buying your first property, it can all seem rather daunting but here at Cox & Co we can offer you the advice needed to secure your first flat. Cox & Co specialise in sourcing investment property for our landlord clients and the criteria we use for assessing investment property is exactly what you should be using when looking for your first purchase.
GLASGOW AREA PROPERTY BUYING GUIDE
As a Glasgow mortgage broker we know a thing or two when it comes to what to look for when deciding the best area to buy a property in Glasgow. We have a simple template that we apply to all our potential property sourcing targets, questions that should also apply to anyone looking to purchase their first property;
Is the property in a sought-after area? Is there a high rental demand? Is the property traditional or modern? Is there a lot of property for sale in the area? Do they sell quickly?
Potential Capital Growth
Is there still room for price growth in the area? Have prices reach the max affordability? Are there any new developments going on that could improve the local area?
Are there shops and bars close by? How long would it take to walk into the city centre? Is there a park nearby?
Is it near a good bus route? Are there parking facilities? How close are you to the train station? How quickly can you get out of town?
Taking the above information into consideration, our area sales manager Kieran Goudie has selected his top 5 tips on the best places for first time buyers in Glasgow
Best Areas to Buy a House or Flat in Glasgow 2019
The number one place to buy property in Glasgow in 2019 goes to the family hot spot of Jordanhill. Houses in this locale are like hens teeth and when one does come up, expect to compete with several buyers for the honour of calling G13 home. What drives this market? In short, Jordanhill School, the number one ranked, non private, high school in Scotland. Families flock here to take advantage of the opportunities offered by the school, and with very little space for further development or house building, a house here will be a solid investment for years to come.
The unofficial home of the hipster, Finnieston, or “New West End” is an up and coming area with bags of potential and even more places to buy some crushed avocado. The construction of the SSE Hydro and it’s related amenities has breathed a new life into this long overlooked Clydeside area and house prices are rising by the day. With it’s eclectic mix of traditional properties and several new developments still under construction, the area is drawing in the coolest young (and young at heart) of Glasgow’s residents.
No Glasgow list would be complete without an entry from the timeless classic of the West End. From the traditional tenements and busy hustle of Byres Road, to the sleepy tree lined streets of Kelvinside and the grand townhouses of Grosvenor Terrace, the West End really has something for everyone. You will see plenty of ladies who lunch and maybe even some famous faces frequenting the abundance of pubs and restaurants.
The Southsides trendy alternative to the cities old favourites, Shawlands has a more urban and underground feel. Popular with young people and locals looking for more affordable housing but still with the amenities and accessibility into the city centre. The areas main thoroughfare of Pollokshaws Road is buzzing with activity day and night, and new bars and restaurants seem to be popping up every week. This all makes Shawlands a fantastic place to live or invest in.
Located to the east of the city centre, the area known as Merchant City is the trendy side of town. The area oozes style, with several large street murals painted on the side of buildings striking a surprisingly aesthetic contrast against the traditional cobbled streets, Throw into the mix multiple high end bars, eateries, some trendy new apartment buildings and just enough classic architecture to keep the purists happy, this area is definitely the one to see and be seen in.
BUYING YOUR FIRST HOUSE IN GLASGOW
If you are looking to move to Glasgow, Scotland’s capital then reach out to Cox & Co today. We are on hand to offer the best advice when it comes to best areas to buy a property in Glasgow this year.
Even if you already own property in Glasgow our team of Glasgow property investment specialists will still be able to help you get the best solution for your budget.
Definitive Guide to the Best Areas to Buy A Property in Glasgow
Looking for houses for sale in the up-and-coming Scottish city of Glasgow? With everything from heritage homes to new-build flats to choose from, you’ll need to do your homework.
Property Styles in Glasgow
There many styles of property in Glasgow that make great long terms property investments. In this historic city is home to some remarkable Victorian and art nouveau architecture. A signature example is Glasgow’s tenement homes – multi-occupant buildings constructed in the nineteenth and twentieth centuries which now form an integral part of its heritage and architectural identity.
Transport Links in Glasgow
As we move into 2019 more than 50 per cent of Glasgow workers commute into the city centre and financial district from Greater Glasgow. This is no doubt in part because the transport links in Glasgow are so good. Glasgow is home to the UK’s largest urban rail system outside London which extends right across the city and out to west Scotland. This is one of the main reasons young families and professional couples decide to invest in property in Glasgow and call it home.
Job Opportunities in Glasgow
One of the most important things to consider before moving to a new area or even when you are thinking of investing in a property is the current job market. Glasgow has now become the largest economic centre in Scotland and, thanks to the growth of more fledgling industries such as financial services, retail and even tourism, employment rates are generally pretty good.
WHERE TO BUY IN GLASGOW – THE PROPERTY HOTSPOTS FOR FIRST TIME BUYERS
For those looking to step on to the property ladder during 2018, there are still good-value areas first-time buyers in Glasgow, if you know where to look and hopefully you do know!
The prospects for first-time buyers in Glasgow are looking better than they have in years, now is the time to make the investment and even more so if you decide on one of the best areas to buy property in Glasgow.