Clyde Property Helensburgh has had a remarkable February due to extremely buoyant market conditions in the local area. Since the start of 2017, we’ve sold an incredible number of properties and have far exceeded our own expectations. This follows on from the increasingly strong demand witnessed throughout 2016 for all property types in the Helensburgh area. We even had two closing dates in the diary for the week before Christmas, further demonstrating the strength of the Scottish property market at the present time.
A recent Helensburgh home to come on the market is the beautiful “Clairinch”. Built in 1905, it is a substantial and elegant detached residence, located in the much sought after Upper West side of Helensburgh. Designed by Messrs H and D Barclay at the height of the Arts and Crafts era, the property sits effortlessly amidst simply stunning, mature and extensive garden grounds with breathtaking south westerly views over the Clyde estuary.
One recent sale from the latter part of 2016 that is worthy of particular mention is a modern apartment in Normanhurst Court, which we sold in less than one month after it had been marketed unsuccessfully for over a year through another local estate agent. Located within walking distance of the town centre, and situated within mature garden grounds, this delightful two bedroom flat was presented to the market in impeccable condition.
Helensburgh Local Property Trends
With an average selling time of just 3 weeks, our average sale price for the final quarter of 2016 was £213,000, with a large number of properties achieving offers in excess of Home Report valuations. Our sales figures are considerably higher than the overall average price of all sold property in Helensburgh, which Rightmove reports to be £168,677. Our innovative marketing and sales techniques clearly make all the difference.
This year, we can expect to see closing dates and quicker selling times becoming the norm as buyer demand increases. If you are thinking of selling your home this year, we would advise putting it on the market as soon as possible to take full advantage of current market conditions.
£1.3 billion naval investment
Looking ahead to the forthcoming months, we are confident that the Helensburgh property market will continue to thrive, and indeed grow even stronger. Particularly in light of the planned £1.3 billion investment in the Royal Naval Base at Faslane, which is set to become home to the UK’s entire submarine fleet by 2020.
It is anticipated that the number of people working at the base will increase from 6,800 to 8,200 over the next three. An additional 1,000 construction jobs will also be created during the expansion. As a result, the wider community will experience notable regeneration with the development of new housing, better transportation links, and improved infrastructure, including a £2 million refurbishment of the Drumfork Club in Helensburgh.
Consequently, property values in and around Helensburgh will undoubtedly increase, and we can expect to see a steep rise in buyer demand as more people begin to move into the area. This is incredibly exciting news for home owners in Helensburgh, as well as anyone who may be considering investing in buy-to-let property in the near future.
VIDEO Helensburgh Sales Trends – October-December 2016
VIDEO Helensburgh Letting Trends – Oct-Dec 2016
Clyde Property is a leading independent, multiple award winning estate and letting agent with 30 years’ experience in selling and letting property in Scotland. Just call your local Clyde Property branch today, for friendly, impartial advice on finding your next dream home.