property as an investment
Over the last 40 years, UK residential property has increased in value by an average of 11% per annum and in the last decade has out-performed other asset classes such as equities, gold and funds. an increasing number of people now regard property as the most viable alternative to providing for their pensions. a recent study by the prudential showed that 55% of people aged 25-34 and 40% of those aged 35-54 are now looking at property investment to provide them with an income in retirement.
investing in glasgow
Glasgow is Scotland’s largest city and contributes around £13 billion to the Scottish economy each year. the city’s popularity as a business location has grown significantly and today it is one of the uk’s leading knowledge-based economies; key sectors include finance, business services, media, broadcasting and education. total employment in the city has reached 420,000 and in the last decade Glasgow’s jobs base grew at nearly twice the average rate for Scotland and Britain.
Much of Glasgow’s economic success can be attributed to its large population of highly-skilled employees - almost 2 million people of working age live within 1 hour’s commute of the city centre. Glasgow’s four universities are internationally renowned centres for teaching and research and have a student population of 85,000. almost 40% of graduates enter the city’s workforce upon completion of their studies and a further 17% find employment in the surrounding metropolitan area.
Property prices in Glasgow have doubled in the last seven years. the expansion of Glasgow’s knowledge-based economy continues to attract graduates and young professionals; 35% of Glasgow residents are aged 20 to 39 and single person households represent two-thirds of the city’s population, making it an
excellent location for buy-to-let property investment.
2014 Commonwealth games glasgow
Glasgow’s bid to host the £300 million Commonwealth Games in 2014 has also been successful. Previous host cities have enjoyed a significant increase in property prices as a result of the ‘games effect’; in the five years prior to the 2002 Commonwealth Games in Manchester, property prices in the area increased by 102% compared with an average of 52% in the North West and 83% across the UK. in addition to the expected uplift in property values, the Glasgow games will also create around 2,000 new jobs and generate an estimated £56 million in revenue for the city.
Learn more about the impact of The Commonwealth Games will have on property in Glasgow
Glasgow investment fact file
Host city of the 2014 Commonwealth Games and Scotland’s largest city with a metropolitan population of almost 2 million
Excellent transport links with three international airports less than 60 minutes drive from the city centre and the most developed rail network outside the south east of england
Internationally acclaimed universities with a total student population of 85,000
Glasgow is a European city of culture; the tourist industry attracts almost 3 million visitors annually and contributes £700 million to the local economy
One of the UK’s leading centres for financial services, broadcasting and I.T. major employers include: Royal Bank of Scotland, National Australia Group, Morgan Stanley, Barclays Stockbrokers, the BBC and British Telecom
Home to the UK’s third-largest conference centre; the net additional economic impact of the Scottish Exhibition & conference centre (s.e.c.c.) is estimated at £347 million
Major shopping destination; Glasgow has the highest retail sales outside of London
Not only is Dandara a developer and builder of repute, it also provides a ‘one-stop shop’ to guide potential investors through every aspect of their buy-to-let investment.
Property Management Service
Dandara’s full in-house letting and management service is designed to take the hassle out of property investment and is offered exclusively to Dandara purchasers. After finding a tenant, Dandara look after them and the property throughout the tenancy, allowing everyday freedom from responsibilities as a landlord.
for further information on the property investment opportunities available at gh2o and other Dandara developments, please contact our investment sales team:
For more info call:
0800 008 7 008