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Muirdrum, Carnoustie DD7

Scotland

£1,016,000Guide Price

Listed on 09/07/2026

Property details

Bedrooms
N/A
Type
Detached house

Description

This substantial block of strategic development land spans 14.66 acres and features two sizable sheds, making it an excellent investment opportunity in Muirdrum near Carnoustie. Currently available as a single lot or two separate parcels, Lot 1 consists of 1.83 acres equipped with a modern shed built in 2010 (40m x 20m) and another newer structure from 2017 (30m x 12m), both of which provide potential for various uses. Notably, this property is positioned favorably for securing planning consent for residential development, particularly for the construction of four houses. The area benefits from robust road access and is located close to the A92 dual carriageway, ensuring connectivity while maintaining a tranquil setting shielded by natural foliage. Lot 2 encompasses the remaining acreage with promising long-term strategic potential, perfect for thoughtful development that aligns with community needs. This land offers not only immediate utility but also future growth opportunities within a developing locale.

Investment analysis

(DD7 area)
Area Average
£195/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
75%
Properties sold annually

Local Market Trend (DD7)

Area prices are falling by -6.3% over the last 12 months
3 year growth: -1.5%
5 year growth: +6.2%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,838
Based on a loan of £762,000 over 30 years at 4.45% 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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