2-bedroom flat · PH1 4RE
Listing removedReduced £15k (−11.1%) on 10 JulListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the iconic and highly regarded Stanley Mills development, this attractive two bedroom apartment offers a rare opportunity to enjoy riverside living in a historic setting.
The property combines the character associated with the former mill buildings with the comfort and functionality of modern residential design, enhanced by high ceilings and large windows that create a bright and airy atmosphere throughout.
The accommodation is well laid out and includes a comfortable lounge with space for dining, a modern fitted kitchen with integrated appliances, two generous double bedrooms and a stylish contemporary bathroom.
Additional features include a secure entry system and access to residents’ parking within the development, contributing to a calm and secure living environment.
Stanley Mills is located approximately six miles north of Perth and enjoys a scenic position alongside the River Tay.
The nearby village of Stanley provides everyday amenities such as a primary school and local shop, along with direct access to woodland paths and riverside walks.
Road links are excellent, making Perth and the wider region easily accessible.
This property is well suited to a range of buyers including first time purchasers, those looking to downsize, or investors seeking a distinctive property in a popular and established location.
Viewing is recommended to fully appreciate the setting and character of the apartment.
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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Short-let licence or registration needed
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 5 North Range,, Mill Brae, Stanley
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