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Portobello Review | The residential property market in 2017

Owen Reilly, June 6th 2017 

 

Selling prices in 2016 

 

 

 

 

 

 

 

 

House-hunters are charmed by city-centre living and by Portobello

The self-contained neighbourhood of Portobello is sought-after by young professionals and young families who want to enjoy a relaxed residential environment within walking distance of the city centre. We observe clients choosing houses in Portobello as alternatives to city-centre apartments, and we observe clients trading up from Dockland apartments to Portobello houses.

 

Strong demand reflects low availability and increasing desirability 

All Portobello listings will attract great interest from first-time buyers, people trading up and from buyers in search of interesting renovation projects that will provide desirable townhouses or investments. Against the general backdrop of the much-document low stock of housing available, demand for property in Portobello is particularly strong. This reflects the very low availability and the increasing desirability of Portobello.