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October 2024

Stirling & Clackmannan Property POV

The property market in Clackmannanshire and Stirlingshire has remained steady over the past two months, with no significant changes in average pricing. However, we’ve seen a notable surge in interest from buy-to-let landlords from the south of England.

This influx is largely due to recent legislative changes in the English property market, making Scotland an attractive investment option, particularly for those seeking better returns in the rental sector.

On the letting side, demand for rental properties continues to rise, driven by both local renters and investors. This increased interest is pushing rental yields upward, making now a prime time for landlords to invest.

As winter approaches, we expect consistent interest in the lower and mid-range property markets, offering ideal opportunities for both first-time buyers and landlords. In the mortgage market, rates have stabilised somewhat, but securing the best deal remains competitive. Buyers are increasingly seeking guidance to navigate current offers, especially with ongoing discussions around interest rates.

Our team, in collaboration with Calluna Financial, is well-positioned to help prospective buyers secure favourable mortgage deals in this shifting landscape. While the lower and mid-market remains active, the higher-end of the market may start to slow down slightly as we move into the colder months. However, with strategic pricing and marketing, premium properties still have strong potential for the right buyers.

Property Market Insights

Stirling

Average price is£254,000

in Stirling

Average rent is£975 pcm

in Stirling

Most in demand is3 bed

semi-detached house

Clackmannanshire

Average price is£185,000

in Clackmannanshire

Average rent is£850 pcm

in Clackmannanshire

Most in demand is3 bed

semi-detached house

October Highlights

Spacious and Elegant Family Home

This fantastic, spacious four/five bedroom family home located in the highly desirable Claremont, Alloa spans three floors and boasts elegant features and ample living space.

Beautifully Presented 4/5 Bedroom Home

An impressive and spacious four/five-bedroom detached family home set in the desirable residential area of Alloa. This beautifully presented property offers a perfect blend of modern living, comfort, and flexibility, ideal for growing families.

Success Story

This four bedroom house was sold in 3 days at more than £10,000 above the home report value.

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