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29 Barossa Place, Perth, PH1

Scotland

£375,000

Listed on 25/10/2025

Property Details

Bedrooms
4
Type
Detached
Area
2530 sqft

Description

Situated in a sought-after area of Perth, 29 Barossa Place is a versatile double fronted Period townhouse currently utilized as commercial office space. This property presents an opportunity for redevelopment into a residential home or potentially multiple flats, following the previous planning permission for change of use that has since lapsed. The well-proportioned rooms spread across three floors offer ample scope for reconfiguration to suit modern family requirements. With an enclosed garden at the front and a rear hard standing area previously used for parking, there’s potential for landscaping enhancements that can further elevate its appeal. The expansive site of approximately 0.23 acres also allows considerations for new builds within the car park area, making this an ideal project for investors and developers looking to capitalize on Perth's vibrant community and amenities.

Investment Analysis

(PH1 area)

Below Market Value

This property is priced -29.2% below area average per sq ft

-29.2%
Potential saving
This Property
£148/sq ft
Area Average
£209/sq ft
Avg Rent (weekly)
£164
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£582,482
10% above area average per sq ft
Potential ROI
+22.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
65
Average per month
Market Turnover
55%
Properties sold annually

Local Market Trend (PH1)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +8.2%
5 year growth: +10.0%
Investment Disclaimer: Analysis based on PH1 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

29 Barossa Place, Perth, PH1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,338
Based on a loan of £281,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

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