THE VOICE OF PROP­ERTY

The Herald Magazine - - etc - Beverley Brown

IN re­cent years Fin­nieston has been lauded as Glas­gow’s new­est prop­erty hotspot – an ex­ten­sion of the West End, ow­ing to its pro­lif­er­a­tion of trendy gin bars and eater­ies, en­ter­tain­ment venues, trans­port links and me­dia neigh­bours only a stone’s throw across the city’s land­mark Squinty bridge.

But now it seems there’s a new prop­erty kid on the block and ac­cord­ing to Ewan Blair, part­ner at Co­rum’s Shaw­lands of­fice, cool trendy West En­ders now want to be south of the river in Strath­bungo – and prop­erty prices in this niche area be­tween Shaw­lands and Pol­lok­shields have shot up in the last two years.

Ac­cord­ing to Blair, Strath­bungo is now “hip­ster central” and not just for first time buy­ers. “Young fam­i­lies with children are snap­ping up pe­riod ter­raced town­houses in Mo­ray Place and the Squares – Mary­wood, Re­gent’s Park, Queen,” he says. “And they are lov­ing the fact that it’s a child-friendly cos­mopoli­tan community with ar­ti­san shops and great restau­rants. Prices have risen 20 per cent in the last 24 months and ter­raced town­houses have hit £600,000.”

Young fam­i­lies are drawn to the ac­tive community vibe and mix of at­trac­tions, which in­clude Queen’s Park, good schools (in­clud­ing Hutch­esons’ Gram­mar School) and one of only two Wood­land Out­door Kinder­gartens in Scotland, in Pol­lok Coun­try Park. Prop­erty prices start from around £100,000 for a one-bed­roomed flat. Ret­tie’s Shaw­lands branch also re­ports a resur­gence of in­ter­est in the area. As­so­ciate di­rec­tor Jonathan Ri­ley, com­ments: “Strath­bungo is very much in the spot­light.”

PRICES UP IN SCOTLAND

THE monthly UK House Price Index pub­lished by Reg­is­ters of Scotland, shows the av­er­age price of a prop­erty in Scotland in June this year was £150,472 – a year-on-year in­crease of 4.8 per cent, com­pared to the UK av­er­age of £228,384 (up 3.0 per cent). Only four lo­cal au­thor­i­ties recorded im­proved sales vol­umes – the high­est in East Loth­ian and Perth & Kin­ross, while the big­gest drop in sales vol­umes were in Ar­gyll and Bute, Stir­ling and In­ver­clyde.

HIP­STER CENTRAL: Strath­bungo Win­ter Wan­der­land trans­forms the area into a gallery.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.