Location makes owning a property in Livingston a proposition worth seriously considering, whether first-time buyer, commuter or property investor.
The West Lothian town lies about 15 miles west of Edinburgh and roughly 30 miles east of Glasgow. With a population of around 55,000, it's the second largest settlement in the region after Scotland's capital city and the seventh in Scotland.
Livingston was the fourth of the five Scottish new towns created to help accommodate overspill from Glasgow's densely populated city centre in the years following the Second World War. Many consider it to be the most successful.
There can be no doubt the town greatly benefited from Edinburgh's spectacular economic success in recent years, fuelling a boom in house building which was also accompanied by high levels of investment in shopping and other services.
Today, the average asking price for a three-bedroom property in Livingston is around £120,000, less than half that of a similar property in Edinburgh. Average monthly rental for a two or three-bedroom property is between £500 to £600, with an average time on the market of about five weeks.
Given such figures, little wonder acquiring a property in the town might be seen as a sound investment for the property investor.
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