Located in the charming coastal village of Poolewe on the Scottish Highlands' west coast, this former church presents a unique refurbishment opportunity. The property is ideally positioned along the renowned NC500 route, making it a strategic investment for capitalizing on Scotland's year-round tourism. Currently under consideration by Highland Council for a change of use to residential space, the property's potential includes both internal renovations and external alterations. Access to main services such as water, drainage, and electricity are already in place.
This historic structure, dating back to 1828, can be transformed into a stunning highland residence or converted into two separate rental properties. With average house prices in the region rising dramatically—137% last year—the financial incentives are compelling. The estimated value upon completion could reach up to £450,000 based on recent sales data.
Should you choose to pursue a dual-rental strategy, projected rental income could significantly bolster your investment—potentially generating around £2,000 per week at a 70% occupancy rate, equating to an annual income of approximately £72,800.
With breathtaking views over Loch Ewe right from your doorstep and close proximity to local attractions like Inverewe Garden and various hiking trails, this property not only promises personal enjoyment but also lucrative revenue opportunities. Full engineers' drawings are available upon request, and building warrants have been issued.