St Andrews Market
The St Andrews letting market provides a unique opportunity for investors/landlords. The University of St Andrews has around 10,000 students, many of them international students. In 2020/21 there were 130 different nationalities represented in the student body.
With a local population of around 18,000 it is clear that the student numbers make up a significant part of the overall population. In the summer months tourist numbers swell the overall population, with St Andrews being one of the most popular tourist destinations, especially for those wanting to visit the "Home of Golf".
Where investors/landlords benefit is that there is a constrained supply of accommodation in St Andrews. Relatively poor transport links mean that students are very keen to live in St Andrews, rather than surrounding towns/cities. These factors combine to generate high demand for accommodation and consequently upwards pressure on rent levels.
At Inchdairnie we seek to maximise your rental income and minimise your expenditure. We invest heavily in interviewing and checking prospective tenants and once your property is let we maintain close contact with your tenants and inspect your property regularly. All of our properties are maintained to high standards and we will only accept properties for let which are of good standard. We believe that providing tenants with good accommodation and monitoring their occupation closely minimises issues and ensures that your property is kept in good condition during the period of the tenancy.
The combination of good capital growth and high rental levels makes St Andrews a unique investment opportunity. We have detailed knowledge of the market and would be delighted to assist you maximising your asset return.
Our directors Craig and Mike have known each other for around 30 years since they worked together in the same law firm in the1990s.
Craig has lived in St Andrews for nearly 20 years and has advised both international and UK based purchasers on acquiring real estate in St Andrews.
Mike is Executive Chairman of Coulters a solicitor/estate agency business. Prior to this he was an equity partner in the real estate practice of an international law firm. He recently obtained an MSc with Merit in Real Estate Investment and Finance from the internationally renowned Henley Business School and has 30 years experience advising both international and UK based investors in UK real estate.