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Bolivar, 26 Murray Place, Pitlochry PH16 5EE

Scotland

£200,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
941 sqft

Description

This property presents a dual opportunity for those looking to invest in a prime location. Currently featuring a three-bedroom detached bungalow made from Dorran construction, it offers a solid base for refurbishment to create a comfortable family home with ample garden space and outbuildings equipped with plumbing and power. The site comes with full planning permission for an ambitious redevelopment plan that includes the construction of a spacious three/four-bedroom two-storey residence. The proposed design outlines an impressive open-plan living area complete with vaulted ceilings, versatile utility spaces, and additional features such as a snug and home office. The first floor includes luxury touches like a principal suite with walk-in wardrobe and en-suite bathroom, complemented by two further bedrooms with built-in storage. This site's combination of renovation potential and planning approval makes it an attractive prospect in the desirable setting of Pitlochry, conveniently located near transport links and local amenities.

Investment Analysis

(PH16 area)

Below Market Value

This property is priced -15.0% below area average per sq ft

-15.0%
Potential saving
This Property
£213/sq ft
Area Average
£250/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £75,000
Target Value
£258,775
10% above area average per sq ft
Potential ROI
-5.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (PH16)

Area prices are falling by -5.5% over the last 12 months
3 year growth: +1.0%
5 year growth: -3.0%
Investment Disclaimer: Analysis based on PH16 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

Bolivar, 26 Murray Place, Pitlochry PH16 5EE
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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
£714
Based on a loan of £150,000 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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