Dundee vs Preston for Property Investment
Dundee leads on gross yield at 6.8%, while Dundee has the lower entry price at £155,000. Here is how the two markets compare on yield, price, deposit and tenant demand.
Dundee vs Preston at a glance
| Metric | Dundee | Preston |
|---|---|---|
| Average gross yield | 6.8% | 6.8% |
| Average property price | £155,000 | £175,000 |
| Implied monthly rent | £878 | £992 |
| 25% deposit | £38,750 | £43,750 |
| Stamp duty (additional property) | £7,750 | £8,750 |
| Population | 150,000 | 145,000 |
| Region | Scotland | North West |
| Investor rating | Good | Good |
Dundee
Typical stock is a mix of terraces, ex-council semis and a growing number of apartment conversions closer to the centre. Tenant demand is underpinned by a large student population, local employment in services, healthcare and logistics, supported by a population of around 150,000. On the average £155,000 purchase, a 6.8% gross yield implies roughly £878 per calendar month in rent, a useful sanity check when you are reviewing a listing. V&A museum driving regeneration and student demand.
- Strong fitStandard buy-to-let
- Strong fitHMO / rent by the room
- Strong fitFirst-time landlord
Preston
Typical stock is a mix of terraces, ex-council semis and a growing number of apartment conversions closer to the centre. Tenant demand is underpinned by a large student population, local employment in services, healthcare and logistics, supported by a population of around 145,000. On the average £175,000 purchase, a 6.8% gross yield implies roughly £992 per calendar month in rent, a useful sanity check when you are reviewing a listing. University city with steady rental demand and affordable prices.
- Strong fitStandard buy-to-let
- Strong fitHMO / rent by the room
- Strong fitFirst-time landlord
Which is the better investment?
If monthly cash flow is your priority, Dundee is the stronger option on paper at 6.8% gross. If you want the lower capital commitment, Dundee needs around £38,750 as a 25% deposit. Averages only take you so far, though, so run the actual listing through PropertyROI before you offer.
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