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How to Find a Property Portfolio for Sale in Scotland Read on to discover how to find a property portfolio for sale in Scotland. Some investors choose to buy a single buy-to-let property. Others, meanwhile, opt to build a full-blown property portfolio — and with good reason. There are several potential benefits to building a property portfolio. You can gain access to multiple income streams and achieve longer-term financial security. And if you’re looking for a property portfolio for sale in Scotland, it makes sense to work with a knowledgeable local estate agent. Find a Property Portfolio for Sale with Cairn When buying a property portfolio, working with an expert local estate agent is the best place to start. Estate agents often have multiple property portfolios for sale and can offer you expert advice and guidance to help make sure an investment is right for you. At Cairn, we’ve sold 24 portfolios to investors throughout Scotland in the last six months, making us best-placed to help you acquire successful buy-to-let properties. Here’s how we do it: We help you identify your goals When looking for a property portfolio for sale in Scotland, you first need to think about what you want to achieve. Do you want to benefit from an increase in property prices over time? Or are you eager to boost your earnings through rental income? Chances are, it’s a combination of the two. An experienced estate agent can help you identify your goals and suggest properties that fit your long-term plan. This can reduce the chances of any expensive mistakes further down the line. You can tap into our expert local knowledge One of the biggest reasons to buy a property portfolio with our help is our excellent local area knowledge. We know what has been sold locally (and for how much) and what is due to come to the market in the near future. This means you can quickly snap up profitable properties for your portfolio. We can also provide you with key information about a particular area, such as whether it’s safe and desirable to potential tenants. The end goal: maximise your rental income We’ve worked with many buy-to-let investors to ensure they get the best possible yield for their properties. We can also advise on how to minimise void periods between tenancies. Any good estate agent knows that keeping your property occupied means more rental income for you. Our buy-to-let team makes the process of letting your properties easy and stress-free from the outset. We go above and beyond for our clients, often achieving rents in excess of the regional average. Find Property Portfolios for Sale with Cairn As one of Scotland’s leading local estate agents, you can feel confident we can help you build and expand your property portfolio. We have a proven track record in helping investors to secure profitable buy-to-let investments, with multiple portfolios sold within the last six months alone. Get in touch to learn more.

Investment, Hints & Tips, Tenanted Properties

5 Reasons Why You Should Buy Tenanted Properties

5 Reasons Why You Should Buy Tenanted Properties Interested in buying tenanted properties? You’re not alone! A growing number of buy-to-let investors are snapping up properties with tenants in place, attracted by higher net yields and the promise of reliable tenants who’ve shown they can pay on time. So, whether you’re buying to let for the first time or you’re looking to add to your portfolio, here’s why purchasing a tenanted property can be a fantastic investment. Reasons to Buy Tenanted Properties 1. You get an immediate cash flow For many investors, the most significant benefit of buying tenanted flats is that they provide an immediate cash flow. The property won’t sit empty while you look for new tenants. You get rental income from day one. Established tenants are also less likely to request expensive improvements to the property since the previous landlord often deals with them before selling. However, if major repairs or refurbishments are required, you can factor these into your negotiation. These factors mean a property’s net yield is usually higher than with vacant buy-to-let investments. 2. Tenanted properties are a fixed price investment In most cases, estate agents will market tenanted properties at a fixed price. Fixed price properties rarely achieve more than this value, which means you can have a high degree of confidence that it’s the maximum price you’ll need to pay. This can reduce the stress involved in the purchase — you don’t need to worry about a property going to a closing date. 3. You can check the tenant’s history When you buy a property with sitting tenants, you can check their history to make sure they’ve been paying their rent on time and in full. Dealing with non-payment of rent can be one of the most time-consuming and stressful situations for landlords. In some cases, it can mean you fail to meet your monthly buy-to-let mortgage payments or even falls into arrears. Knowing that the tenants are honest and reliable before you invest can help you avoid a lot of unnecessary hassle in the long run. 4. You have confidence it’s a fully compliant property Since your tenants already live in the property, you won’t need to arrange all the mandatory certificates and safety checks. The previous landlord will have already carried these out. When you buy the property, the necessary documentation will simply be transferred to you so you know when the next checks are due. What’s more, if you choose to stay with the existing letting agent, they can arrange them on your behalf to ensure the property remains compliant. 5. It’s audited and sourced by a letting agency A knowledgeable, local letting agent will be able to carry out an in-depth audit on the tenanted property to ensure that it’s a sound financial investment. Here at Cairn, we’ve sourced many quality buy-to-let properties with sitting tenants. Our team can offer expert advice and guidance to both new and experienced investors. Interested in Buying Tenanted Properties? Let’s Talk There are plenty of reasons why buying tenanted properties makes sense. If you’re interested in learning more, contact us today to discuss the investment opportunities available to you.

Investment, Property Investment

How to Find the Best Property Development Opportunities

How to Find the Best Property Development Opportunities Maybe you’ve been bingeing Homes Under the Hammer and thought “Hey, I could do that!” Or maybe you’ve already renovated one property and now you’ve got a taste for it. No matter the reason why you’re looking for property development opportunities, in this short blog post, we share the two things you need to know when searching for your first (or your next) big project. 1. Property Development Opportunities: It’s All About Location x 3 There’s a well-known phrase when it comes to property development; it’s all about location, location, location. But this isn’t a tired old cliché — you really do need to spot the up-and-coming areas before anyone else. And to do that, you have to scour the internet and pound the pavement. First, look at properties for sale on the likes of Rightmove and OnTheMarket and note their asking prices. Next, read up on new developments (shops, bars, restaurants) and check local newspapers, forums, and social media for insight. Finally, scroll around Google Maps to measure walking and driving distance from important amenities (schools, parks, train stations, etc.). Found an area you like? It’s time to visit in-person and ask yourself: Do any of the properties stand out as having potential? Some property developers like to look for the worst property on the nicest street as this means there’s room for improvement. Is there a variety of property types, or are they all the same? If it’s the latter, this could mean that each house on the street has the same maximum sales potential, so it could be a challenge to add enough value to achieve a healthy profit. Are there any skips or signs of development? This could mean fellow property developers are in the area, or it could mean the owners see enough value in their property to do some renovation work themselves. Either way, you could be onto a winner. Are there new-builds nearby? Whether it’s a shiny new flat complex, student housing, or a new-build estate, these sorts of developments are usually followed by new or improved local amenities. Buying and renovating a nearby property could mean selling while demand is high for the area. 2. Finding the Best Property: Estate Agents Are Your Friends Once you’ve identified your development area, reach out to the local estate agents. Whether it’s a call or an email, introduce yourself and outline what it is you’re looking for in a property. Discuss timelines, financials, and your end goal (place tenants in the property or sell for profit). With the right “profile” of property, the agents can start sending property development opportunities directly to your inbox. This will save you precious time, and they might even send you a hot tip for a property that’s yet to be posted online. The best estate agents know their local market, so if you’re looking for a buy-to-let in Glasgow, a buy-to-let in Edinburgh, or HMO development opportunities, they’ll be able to point you in the right direction. Looking for property development opportunities in Scotland? Make Cairn your new best friend. Tell us what you’re looking for and we’ll be happy to help. Contact us here.

Investment, Buy To Let, Glasgow, Student Accommodation

Buy-to-Let in Glasgow: 4 Reasons Why You Should Do It

Buy-to-Let in Glasgow: 4 Reasons Why You Should Do It Learn why buy-to-let in Glasgow is a no-brainer in this post from Cairn Estate & Letting Agency. Once an industrial powerhouse, home to factories and shipyards, Glasgow is today every inch a modern European city. Full of culture, diversity, and a growing population, it’s little wonder that Dear Green Place has resonated with property investors. And in this brief post, we share 4 reasons why you might buy-to-let in Glasgow. Why Buy-to-Let in Glasgow? 1. A thriving economy With the largest economy in Scotland (and the 4th largest in the UK), Glasgow is home to a range of established and emerging sectors. The likes of health, education, retail, and finance — alongside digital, biotech, and low carbon industries — are attracting talent from far and wide, providing ample opportunities and competitive salaries. And with all these talented, well-paid individuals needing places to live, demand for properties is massive (more on that below). 2. A vibrant student population If you’re interested in investing in student accommodation, then look no further than Glasgow. With three top universities and eleven colleges in and around the city, it’s home to around 185,000 students. That makes it, by far, the biggest student city in Scotland, and the second-biggest in the UK. What’s more, Glasgow was recently named as the best UK city for millennials owing to an abundance of graduate job prospects, entertainment options, and overall quality of life. 3. Vital transport links Glasgow is incredibly easy to navigate, with plenty of reliable transport links dotted around the city. But the best part is, it looks like there could be significant improvements in the pipeline. For instance, the Subway (the third-oldest underground system in the world) is often the subject of audacious expansion plans, while a modern tram or light rail network has also been proposed. If these plans become reality, it could result in certain areas of the city becoming more desirable to commuters. And this could mean a greater return on investment for investors. This phenomenon isn’t anything new in Glasgow, either. As it stands, the proximity to a Subway station can actually push up rents due to demand. 4. Huge rental demand Finally, speaking of demand, Glasgow (alongside Edinburgh) is one of the best cities in the UK in which to purchase a buy-to-let property. According to these stats, the average rent in the city is currently £840 PCM, while the average time-to-let for a one-bedroom property is around 27 days. So, if you do invest in buy-to-let in Glasgow, you’ll enjoy terrific yields — and it’s unlikely that it’ll sit empty for very long! Cairn: Buy-to-Let Glasgow Experts Interested in exploring buy-to-let property in Glasgow? Get in touch with our property investment experts to learn more about our approach and services.

Investment, Buy To Let, Edinburgh, HMO Properties, Student Accommodation

4 Huge Reasons Why You Should Buy-to-Let in Edinburgh

In truth, there are loads of reasons to invest in buy-to-let property. From passive income and tax planning to long-term capital growth, it remains a popular and lucrative investment opportunity. But why should you focus your attention on buy-to-let in Edinburgh specifically? In this short post, we take a look at 4 reasons why Scotland’s capital remains in-demand with property investors. Why Buy-to-Let in Edinburgh? 1. A growing population The population of Edinburgh has been trending upwards since the 1990s and shows no signs of slowing. As of 2020, it sits at a whopping 536,775, and this is projected to grow to over 603,000 by 2035. This means it could rival — and even overtake — Glasgow at some point in the near future. And a growing population means a greater demand for housing stock. Worth bearing in mind if you’re trying to choose between the two cities. 2. A thriving student market Edinburgh is home to 6 universities and 3 colleges. The city attracts students from across Scotland, the UK, and the rest of the world, not just for its outstanding educational facilities, but also for its rich history, architecture, and nightlife. According to a recent census, full-time students comprise around 12% of the city’s population — and these students need somewhere to live! Investing in high-quality HMO student accommodation can meet that demand and deliver greater yields for property investors. 3. Opportunities for young professionals As we mentioned, Edinburgh’s population is growing rapidly, and a significant factor in that growth is the younger generation calling the city home. Around 20% of the population are in their 20s (only Aberdeen has a higher percentage in Scotland) and 15% are in their 30s. And as of 2018, the Scottish capital was the most prosperous UK city outside London. Around 40% of the workforce are in high-skilled jobs, with an average full-time salary of £30,700. This certainly ticks a few boxes for would-be property investors; namely young, full-time working professionals with a high level of disposable income. 4. The biggest arts festival in the world In 2019, a record 3 MILLION people descended on Edinburgh for the largest arts festival going. And although new legislation will be introduced in 2021 to control Airbnb-style short-term lets, the sheer number of tourists and performers visiting the city each year represents a massive opportunity for property investors, both in the short and longer-term. Cairn: Buy-to-Let Edinburgh Experts Interested in exploring buy-to-let opportunities in Edinburgh? Get in touch with our property investment experts to learn more about our approach and services.

Investment, Buy To Let, Tenanted Properties

Buying A Tenanted Property

Thinking of buying a tenanted property? Worried how much it’s going to cost you? In short, buying a tenanted property maximises cashflow and reduces capital expenditure. When you buy an empty buy to let property you do have to factor into account your additional costs, property fit out, licenses, certificates, agency fees, […]

Investment, HMO Properties

INVESTING IN A HMO PROPERTY ?

Guide: Investing in HMO properties Average rent prices are still on the rise virtually everywhere in the UK. The figures, from Zoopla, show that its up 2.6% annual increase in rents across the UK is the highest rate seen in three years. With both Glasgow and Edinburgh having a shortage of supply, competition for available […]

Investment, Buy To Let, HMO Properties, Letting, Student Accommodation

Become A Parent Investor With Cairn

Become A Parent Investor With Cairn For many, when their children go to university or college there are only a few options open to them; continue to have them live at home, have them register for a space in the student halls, or look for a private rental property they can stay in while in […]

Investment, HMO Properties, Letting, Student Accommodation

A Parent’s Guide to Student Accommodation

A Parent’s Guide to Student Accommodation Your teenager is off to university and needs somewhere to live – not sure where to start? We talk you through the ins and outs of the student accommodation options available these days. They’ve come a long way from your student digs, trust us. University-owned accommodation The most popular […]

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Investment, Buy To Let, Hints & Tips, Property Investment

How to Find a Property Portfolio for Sale in Scotland

Investment, Hints & Tips, Tenanted Properties

5 Reasons Why You Should Buy Tenanted Properties