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Muirdrum, Carnoustie DD7

Scotland

£1,016,000

Listed on 04/05/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This substantial block of strategic development land spans 14.66 acres in Muirdrum, near Carnoustie, and offers significant potential for investment. It comes with two sizable sheds—one built in 2010 and the other in 2017—both of which could be repurposed or enhanced for various uses. The property is accessible via a type 1 road, providing excellent connectivity to key transport routes including the A92 dual carriageway. The land’s designation as brownfield presents an opportunity for securing planning consent to construct up to four houses, appealing to developers looking to tap into the local housing market. With good visibility from multiple access points and a natural buffer from surrounding noise pollution thanks to mature trees, this site holds promise for a range of future developments. Whether retained as a whole or divided into separate lots, the combination of land area and existing infrastructure positions this property as a notable investment opportunity in the region.

Investment Analysis

(DD7 area)
Area Average
£196/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
62%
Properties sold annually

Local Market Trend (DD7)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +3.7%
5 year growth: +12.1%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,625
Based on a loan of £762,000 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

Price History

+31.3% since listed
£1,016,000+£242,000(+31.3%)
16/02/2025
Current price
£774,000Initial listing
27/12/2024

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