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Forgandenny, Perth PH2

Scotland

£135,000
Listed on 05/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This parcel of land presents a unique opportunity for renovation and investment in the tranquil village of Forgandenny. Nestled south of Perth, this area is characterized by its scenic countryside while remaining conveniently close to urban amenities. Forgandenny is home to a well-regarded primary school and a historic church with Norman origins, fostering a close-knit community atmosphere. The village offers reliable bus services to Perth, making it accessible for commuters. Nearby, Strathallan School stands out as an esteemed independent institution set on a sprawling 153-acre campus, catering to students aged 9–18. In addition to Strathallan, several other reputable schools are within reach, including Craigclowan and Kilgraston, enhancing the area's appeal for families seeking quality education. The city of Perth is just a short distance away, providing residents with access to a diverse range of shops, professional services, and leisure options. Cultural enthusiasts will appreciate the city's concert hall, art galleries, and racecourse. For broader travel needs, Edinburgh is accessible in approximately 45 minutes via the M90 motorway, while Glasgow can be reached within about an hour via the A9. Significantly, this property comes with full planning permission and building warrants in place (Planning Application Number: 22/01172/fll), opening avenues for prospective development that can transform the site into residential or commercial use. This feature enhances its investment potential in an area that continues to attract interest due to its combination of rural charm and proximity to key urban centers.

Investment Analysis

(PH2 area)
Area Average
£226/sq ft
Avg Rent (weekly)
£209
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (PH2)

Area prices are rising by +5.0% over the last 12 months
3 year growth: 8.5%
5 year growth: 10.7%
Investment Disclaimer: Analysis based on PH2 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

Forgandenny, Perth PH2
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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
£495
Based on a loan of £101,250 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