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Croft Terrace, Errol, Perth, PH2

Scotland

£158,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1188 sqft

Description

This end-terrace house, positioned favorably to the south, offers picturesque views from its interior spaces and well-maintained enclosed gardens. Comprising three bedrooms, the property includes a spacious living room and a dining kitchen that can benefit from modern updates. The bathroom and ample storage throughout provide practical functionality while presenting the opportunity for renovations to enhance the living experience. A notable feature is the brick outbuilding, which adds versatility to the property—ideal for use as a workshop or additional storage. The greenhouse further complements the outdoors, perfect for gardening enthusiasts looking to cultivate their own plants or vegetables. Additionally, unrestricted on-street parking makes accessibility convenient for residents and guests alike. Situated on the outskirts of a charming village, this home enjoys a peaceful setting while remaining close to coastal attractions. Furthermore, it benefits from proximity to major cities like Perth and Dundee, both of which are just a 30-minute drive away. This location presents great investment potential as demand for properties in tranquil yet accessible areas continues to grow. With some thoughtful refurbishment, this home could be transformed into a highly desirable residence or an appealing rental opportunity. Included in the sale are all fitted floor coverings and window treatments, allowing for ease of transition for new owners or investors looking to make their mark on this property.

Investment Analysis

(PH2 area)

Below Market Value

This property is priced -41.1% below area average per sq ft

-41.1%
Potential saving
This Property
£133/sq ft
Area Average
£226/sq ft
Avg Rent (weekly)
£209
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£295,206
10% above area average per sq ft
Potential ROI
+53.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (PH2)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 8.5%
5 year growth: 10.7%
Investment Disclaimer: Analysis based on PH2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Croft Terrace, Errol, Perth, PH2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£579
Based on a loan of £118,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE