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Muirdrum, Carnoustie DD7 - Image 1
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Muirdrum, Carnoustie DD7

Scotland

£1,016,000
Listed on 16/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This substantial block of strategic land in Muirdrum, near Carnoustie, offers a rare investment opportunity with considerable potential for development. Spanning 14.66 acres, the property includes two sizable sheds, built in 2010 and 2017 respectively, providing essential facilities for various uses. The site is accessible via a well-constructed type 1 road and offers the possibility of securing planning consent for up to four residential units, aligning with the Scottish Government's favorable stance on brownfield developments. The extensive plot features excellent road access from both the west and north, with a backdrop of natural screening that minimizes traffic noise from the adjacent A92 dual carriageway. This unique property can be sold as a whole or divided into two distinct lots, presenting flexible options for prospective buyers seeking to capitalize on the growing demand for housing in this attractive area.

Investment Analysis

(DD7 area)
Area Average
£194/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
113%
Properties sold annually

Local Market Trend (DD7)

Area prices are stable by +1.7% over the last 12 months
3 year growth: 9.2%
5 year growth: 18.4%
Investment Disclaimer: Analysis based on DD7 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

Muirdrum, Carnoustie DD7
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,722
Based on a loan of £762,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE