Success story: a Buy-To-Let case study

Douglas Dickson’s Buy-To-Let service guides people who want to become landlords in Glasgow. Our experience and market knowledge has led to many great outcomes.

Recently we were approached by an investor looking for a property investment which combined a good financial return with a low stress factor.

With our extensive local knowledge, we were able to deliver since our business is both to manage properties for all our landlords and to remove all the hassles they might face. We pride ourselves on providing both a great financial return and an equally great service.

Our service starts at the property finding stage. Using our contacts and knowledge we create a short list of properties that have strong tenant demand and can also offer a reasonable capital growth, typically, we estimate, of 6%.

We asses properties with a number of factors in mind but, importantly, we assess each property’s existing condition in relation to its potential to have value added to it in the future.

As anyone who has ever watched BBC’s Homes under the Hammer knows, there are many small upgrades a good landlord can make to optimise the value of his or her property investment.

We can accompany our prospective landlords on viewings, but more helpful to most clients is our guidance, based on years of experience, through the pros and cons of each property once they have viewed our short list.

In a recent case, it took the viewing of just three properties before our landlord found exactly what he was looking for, and all in broad agreement with our recommendations.

We were able also to recommend our well established legal advisors to help the new landlord complete his purchase quickly and, once completed, our team swung into action, cleaning and doing everything that was required from fixing squeaky doors and updating appliances, to fitting out the property to meet all legal requirements.

In all we fully furnished, marketed and showed the property, found a great tenant and moved them in, all within just two weeks.

And the best news of all was that due to our experience and negotiation skills, the final return we were able to offer our investor was more than we initially estimated: 7.5 per cent rather than our anticipated 6 per cent. A huge bonus for any landlord.

This is just one of our many recent successes. For more information about our Buy-To-Let service go to http://douglasdickson.co.uk/letting-agents-glasgow.html