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Development Site, Muirhall Road, Perth, Perth And Kinross PH2 - Image 1
Development Site, Muirhall Road, Perth, Perth And Kinross PH2 - Image 2
Development Site, Muirhall Road, Perth, Perth And Kinross PH2 - Image 3

Development Site, Muirhall Road, Perth, Perth And Kinross PH2

Scotland

£250,000
Listed on 11/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique investment opportunity, featuring a development site with approved planning permission to transform an existing water tank into an innovative two-storey residence. Spanning approximately 1280m², the site boasts a pleasant open outlook towards the fields and the majestic Cairngorms, making it an attractive canvas for your next project. The granted planning permission, detailed under reference 24/01097/fll, facilitates the conversion of the water tank into a distinctive home, offering both character and potential. Importantly, all necessary contributions have already been settled with the local authority, streamlining the development process for prospective buyers. Located in the desirable Kinnoull area, this plot is part of a community that is becoming increasingly sought after by those looking to invest in residential properties. Opportunities like this are uncommon in the market and allow for significant customization and personalization of living space. Whether you are looking to create your dream home or seeking a promising development venture, this site’s combination of location and potential makes it a noteworthy consideration.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
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

Development Site, Muirhall Road, Perth, Perth And Kinross PH2
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£916
Based on a loan of £187,500 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