Glasgow is tops for cheap private rents

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Glasgow is tops for cheap private rents

HOMES for rent in Govan and Ibrox are the cheapest in Scotland, figures show.

Statistics based on rentals charged between October-December last year show that five of the country's 10 least-expensive areas for two-bedroom flats were in Glasgow, while another three were nearby.

The city's cheapest areas were:

l Govan and Ibrox at £432 a month.

l Parkhead and Tollcross at £462.

l Shettleston and Carntyne at £475.

l Springburn and Royston at £477.

l Mount Vernon at £479.

Others on the least expensive list included Clydebank at £445, Paisley at £455, Johnstone at £461 and Uddingston at £479.

The figures were compiled by Citylets, one of Scotland's leading rental agencies, and are based on more than 50,000 annual lettings.

At the other end of the rental scale, Glasgow was ninth in the Top 10 of the most expensive rentals.

The city's Park and Woodlands areas have an average monthly rental of £795 – that's £177 behind first-placed Aberdeen's West End.

Areas in Aberdeen and Edinburgh take up all the other places in the Top 10 most expensive locations.

Dan Cookson, a senior analyst at Citylets, which includes major partner brands such as our sister online site S1homes, said: "It is interesting to see that neighbourhoods in Glasgow remain some of the cheapest to rent in Scotland.

"This kind of result shows that despite the increased demand for private rental property it is still a very competitive market.

"However, with Park and Woodlands among the top 10 most expensive areas to rent, it shows tenants are still willing to pay good prices to rent in what is perceived as a desirable area.

"It is no surprise the West End areas in Aberdeen and Edinburgh's areas are continuing to top the list.

"It is good to see that while urban rents have increased gradually over the year there are still areas that can offer value for the tenant.

"This is important as it is evident that the 'generation rent' trend continues with many people not being able to afford a deposit for their first step on to the property ladder.

"Affordability is clearly important to many people when choosing rents.

"However, it is not straightforward to say that people are purely price driven, many are driven by location and consider this the deciding factor."

gordon.thomson@ eveningtimes.co.uk

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