West Lothian

Callum McQueenie

Callum McQueenie - Mavor & Company

“We have found that the rental market in West Lothian has continued to perform strongly in Q4 with applications being accepted within days of properties being marketed, along with the annual surge of tenants looking to move in before Christmas. There is demand particularly for 2 or 3 bed houses where tenants can have access to an additional bedroom as well as outdoor space during continued restrictions. A further encouraging sign is the number of new instructions post lockdown which again proves the strength of the rental market within West Lothian and that the area continues to entice new landlords to invest.”

Market Overview - Q4 2020

BedsAverage
Rent
Rent Change
1yr
Rent Change
5yrs
Rent Change
10yrs
Av. TTL
(days)
TTL Change
YoY
Let within
a week
Let within
a month
1 bed £535 4.1% 16.1% 25.9% 10 -9 46% 92%
2 bed £645 2.4% 13.6% 21.0% 17 -6 41% 82%
3 bed £806 6.8% 13.4% 29.2% 17 -13 35% 73%
All£7494.2%17.4%28.7%16-840%82%
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Average Rent (pcm) by Number of Bedrooms

Average Time To Let (TTL) by Number of Bedrooms

Rental Index (base Q1 2008)

Market Composition

Yield by Popular Postcode (Flats):

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