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Development Opportunity, Mill House, Torrance - G64

Scotland

£610,000
Listed on 31/03/2026

Property Details

Bedrooms
N/A
Type
Link Detached House
Area
1206 sqft

Description

This property presents a unique investment opportunity, encompassing both Millhouse and Upper Millhouse, set on a remarkable former mill site in Torrance. Built in the early 1970s, these structures feature an intriguing combination of reclaimed stone and expansive glazing that contribute to their distinctive architectural presence in East Dunbartonshire. Each building offers spacious accommodations, but together they provide an exceptional platform for redevelopment. With the right vision and planning permissions, one could transform these properties into a single contemporary residence that honors their industrial roots while modernizing the living space. The generous internal layout includes multiple reception areas and ample bedroom options, all situated on approximately 0.45 acres of substantial garden grounds that add to the potential for creative reconfiguration. The property boasts serene gardens with views over surrounding fields, combining rural tranquility with convenient access to local amenities and transport. Acquiring both properties allows for significant opportunities—either as two separate homes or unified into a striking singular estate—making this a rare find in the market.

Investment Analysis

(G64 area)

Above Market Value

This property is priced +98.2% above area average per sq ft

+98.2%
This Property
£506/sq ft
Area Average
£255/sq ft
Avg Rent (weekly)
£278
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£338,615
10% above area average per sq ft
Potential ROI
-60.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
79%
Properties sold annually

Local Market Trend (G64)

Area prices are rising by +6.1% over the last 12 months
3 year growth: +13.8%
5 year growth: +21.7%
Investment Disclaimer: Analysis based on G64 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

Development Opportunity, Mill House, Torrance - G64
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,161
Based on a loan of £457,500 over 30 years at 3.91% 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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