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Aberdeen strikes rental riches

Aberdeen strikes rental riches

From Landlord & Buy-to-Let magazine:

 

Prices for renting in Aberdeen have soared to record levels as a shortage of properties has fueled a frenzied demand by eager tenants, according to Citylets, the UK’s number one lettings portal.

Rental prices have broken the four figure barrier for the first time with average monthly rents reaching £1,002 – a 11.5% hike in a year.

 

High levels of demand have also seen properties in Aberdeen typically stay on the market for less than two weeks before being snapped up.

 

To see the full report visit http://www.landlordzone.co.uk/press-releases/aberdeen-strikes-rental-riches