Dundee posted another positive annual gain of 4.2% YOY to average £625 per month. The market in Dundee moved swiftly at just 21 days TTL, down 6 on the previous year.
“Q4 has presented agents and landlords alike with a unique set of circumstantial challenges most notably evident in the student market. The ‘perfect storm’ of the move by universities to offer only virtual learning along with the closure of the hospitality industry, has resulted in students needlessly staying away from home, often without the financial benefit of their part time jobs. With the ability under the PRT to serve 28 days’ notice, we have experienced many of our student tenants wishing to vacate properties which would otherwise be occupied until July.”
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