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Development Site At Barvick, Glenturret, Crieff PH7 - Image 1
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Development Site At Barvick, Glenturret, Crieff PH7

Scotland

£495,000
Listed on 02/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This expansive 10-acre development site near Crieff is a rare investment opportunity, offering planning permission for the construction of two five-bedroom homes. The property features natural biodiversity that has flourished over the years, creating a serene atmosphere, complemented by the Turret Burn which gracefully runs through the grounds. Currently, Barvick House, Barvick Cottage, and an outbuilding on-site are in a derelict state, presenting a significant renovation project for potential buyers. The approved architectural plans from The Denholm Partnership allow flexibility; while two separate homes can be built, there is also potential to develop a single grand residence with an ancillary cottage. Notably, work on the entrance driveway has already commenced, bringing the planning permission into effect (17/01046/fll). The landscape includes mature trees and open grassland on one side of the burn as well as untamed pasture and woodland on the other side, providing ample space for imaginative landscaping and design. The location offers outstanding views over the Turret Water and easy access to nearby amenities in Crieff, known for its eateries including the Michelin-starred Glenturret Lalique restaurant. Investing in this site not only presents a chance to develop unique properties but also to engage with the natural beauty of Perthshire’s countryside. The proximity to local attractions like Gleneagles Hotel and various outdoor activities enhances its appeal as a desirable residential area.

Investment Analysis

(PH7 area)
Area Average
£224/sq ft

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
15
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (PH7)

Area prices are rising by +9.4% over the last 12 months
3 year growth: 16.0%
5 year growth: 16.9%
Investment Disclaimer: Analysis based on PH7 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 At Barvick, Glenturret, Crieff PH7
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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
£1,813
Based on a loan of £371,250 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