UK Business Property

Investing in property can lead to healthy returns.

Investment property hunters looking for spots where there is great potential for growth might find all they wish for in Scotland.

According to new figures released by the Bank of Scotland, property prices in the rural parts of the country have more than doubled in the course of the last ten years.

An average rise of £79,819 has been reported in green areas over the decade – equating to some £665 a month.

Investments in urban zones were almost as profitable, increasing by 91 per cent – or £64,263 – over the same period.

Such figures could interest investment property buyers looking for spots with the potential to grow further.

Nitesh Patel, housing economist at the bank, said: "Living in the countryside is an aspiration for many homeowners, attracted by the prospect of a better quality of life, open space and a cleaner environment."

Richard Barber, a partner in residential sales at estate agency firm WA Ellis, recently said people hoping to invest in residential property will not find anywhere more lucrative than London.

Posted by Sarah Smith