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Glengate, Kirriemuir DD8

Scotland

£90,000
Listed on 09/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This substantial commercial property presents an exceptional investment opportunity in the centre of Kirriemuir. Currently vacant, the expansive interior layout allows for a variety of development possibilities, effectively providing a blank slate for prospective buyers. With existing planning permission for conversion into residential accommodation, this property stands out as an attractive option for investors focused on meeting the rising demand for quality housing and short-term rentals in the area. Post-conversion, it could serve as either a primary residence or a lucrative Airbnb venture, with similar listings in Kirriemuir achieving impressive nightly rates and high occupancy levels. Its strategic location ensures easy access to local schools, transport links, and amenities, enhancing its appeal as both a residential and investment opportunity.

Investment Analysis

(DD8 area)
Area Average
£157/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
94%
Properties sold annually

Local Market Trend (DD8)

Area prices are rising by +7.6% over the last 12 months
3 year growth: 5.5%
5 year growth: 13.6%
Investment Disclaimer: Analysis based on DD8 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

Glengate, Kirriemuir DD8
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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
£330
Based on a loan of £67,500 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