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North Range, Mill Brae, Stanley Mills, Perth, PH1 - Image 1

North Range, Mill Brae, Stanley Mills, Perth, PH1

Scotland

£110,000
Listed on 06/05/2026

Property Details

Bedrooms
2
Type
Apartment

Description

Nestled within the historic Stanley Mills development, this charming two-bedroom first-floor flat offers a distinctive opportunity for those looking to invest in a property with character and potential. Housed in a beautifully restored former mill just north of Perth, the flat features an inviting entrance hall that leads into a spacious open-plan lounge and kitchen area, two generously-sized bedrooms, and a modern bathroom, all spread over approximately 63m². This layout is versatile and caters to various buyers—whether you're a first-time homeowner, someone downsizing, or an investor seeking value-added opportunities. The building showcases much of its original architectural charm with solid stone construction and classic sash windows from its sympathetic conversion completed around 2012. Although the property has been well maintained, it would benefit from some upgrading and minor repairs throughout; this presents an excellent opportunity to enhance its appeal further. Externally, residents enjoy access to communal parking and well-kept shared spaces alongside the picturesque Mill Lade, enhancing the tranquil setting of the development. Located on the banks of the River Tay, Stanley Mills offers a unique blend of historical significance and natural beauty while providing convenient access to local amenities in Stanley village and broader facilities in Perth. This property represents not only a comfortable home but also an exceptional investment opportunity within a sought-after location steeped in character.

Investment Analysis

(PH1 area)
Area Average
£209/sq ft
Avg Rent (weekly)
£164
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
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

North Range, Mill Brae, Stanley Mills, 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
£392
Based on a loan of £82,500 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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