NEW BUILD DEVELOPMENT

Following my blog regarding the update on the property market in March, and my previous blog regarding the importance of developments, readers may recall I had mentioned an exciting prestigious development that we have brought on the market in Liff.  As I expected, these properties are proving popular and I attach a marketing link and you will see that there are only five properties remaining.  Again, this shows you that the right new build property, in the right location, marketed properly will do well in this current property market.

The Trust House Development in Liff is part of our Open Viewing Day on April 22, where you can view these properties between 10am and 12noon without booking an appointment. Click here to view more information on this exciting development.

 

Lindsay Darroch
Partner – Head of Property 
@LindsayDarroch
www.blackadders.co.uk

 

MARCH UPDATE

I thought you would be interested to hear my feelings in relation to the first quarter of 2017 as far as the property market is concerned.  Whilst there was an uplift in March compared to February’s figures, this is not a consistent uplift across the country, with some areas being higher than 2016 and some areas being lower.  I expect, once I see official figures, that overall the numbers will be down by approximately 10%.  Most common mantra I am hearing in relation to my residential business, is that “I’m not putting my house on the market until I see somewhere that I want to buy”.  I’m noticing an increase in relation to the number of people deciding to stay put and carry out the extension/alteration to their existing property.  This lack of activity appears to have been caused by an increase in uncertainty due to the global, European and Scottish issues that are dominating the press.  Interestingly, I am already hearing of a couple of commercial developers who have decided against investing in Scotland due to uncertainty caused by Indy2.

The lack of stock is very much causing an increase in prices with the number of closing dates increasing and the right properties in the right areas achieving far in excess of the expected price.  I do not think that this is sustainable.  I will keep you updated on trends.

Lindsay Darroch
Partner – Head of Property
@LindsayDarroch
www.blackadders.co.uk

Blackadders Launch Open Viewing Day – April 22

42514 Blackadders_Facebook_cover

The Blackadders Property team are delighted to announce that we will be hosting an Open Viewing Day on Saturday April 22 at our property shops.

The Open Viewing Day will provide you with a unique opportunity to meet our various property teams who deal with the entire property buying and selling process for our clients. From having your house viewed and valued; to marketing and promoting your property; to guiding you through the offer stage; all the way through to conveyancing and concluding your sale or purchase – our team will have you covered. We even have mortgage experts on hand too!

Refreshments will be provided for those who attend and there will also be a free prize draw, giving you a chance to win a “fee free purchase” from Blackadders.

Whether you are a 1st time buyer looking to get on to the first step of the property ladder or an experienced property developer, our Open Viewing Day offers an opportunity to meet the team who work at Blackadders who can answer your questions and give you expert property advice.

Our Open Viewing Day will also see selected properties hosting “Open Viewings” between 10am and 12 noon where you can view properties that are currently on the market with no prior appointment.

Included in these Open Viewings are two fantastic new developments in Liff and Broughty Ferry.

The Trust House in Liff is a unique development which has been delivered to a very high standard; a converted former hospital providing tranquil country living within just 10 minutes of the Dundee City Centre. You can view this development by clicking here.

The Taychreggan luxury development in Broughty Ferry is a substantial former mansion house and hotel based in a very sought after residential area. This has already proved to be a very popular project and there are just 5 properties available left in this development. You can view this development by clicking here.

Our Open Viewing Day provides a unique opportunity to visit these prestigious properties at your leisure. For more information on these developments and all of our properties that will be hosting Open Viewings, please contact our property teams below:

Aberdeen:       01224 452750
Dundee:           01382 342222
Edinburgh:      0131 202 1868
Perth:               01738 500600
Arbroath:         01241 876620
Forfar:               01307 461234

Lindsay Darroch
Partner – Head of Property
@LindsayDarroch
www.blackadders.co.uk