Archive Press Releases

Riverside Inverclyde in the top 4 investment locations in Scotland

For the second year running, The Royal Bank of Scotland (RBS) has identified Britain's top 22 most desirable property hotspots for first-time buyers by analysing factors affecting attractiveness and return on investment. While there are many factors affecting the suitability of an area and its investment potential, The RBS First-Time Buyer Index defines five key trends shared by all of the top 22 hotspots that can be easily identified by all first-time buyers looking to make a sound investment. These factors provide a template which can be applied to any area to help provide foundations for achieving longer-term property dreams.

RBS: Five key factors

Strong public transport infrastructure.

The 2006 Scottish “League table”:

1. Bo'ness

6. Loganlea, West Lothian

2. Hawick

7. Fraserburgh

3. Highfield, North Ayrshire

8. Salsburgh

4. Riverside Inverclyde

9. Leven

5. Leith

10.Granton

According to The RBS First-Time Buyer Index, “Riverside Inverclyde has successfully redesignated the land from industrial to mixed use, attracting attention from private sector home builders.”

Gordon McGuinness, interim Chief Executive of Riverside Inverclyde's comments, “Riverside Inverclyde is delighted that The Royal Bank of Scotland's First-Time Buyer Property Index has Riverside Inverclyde in its top four investment locations in Scotland. This is early recognition of the impact that our ambitious regeneration programme is having and people can see for themselves some of the fantastic developments taking shape across Inverclyde. With more development activity planned by both the Private and Public Sector partners we look forward to Inverclyde continuing to prosper and attract new residents to the area.”