5-bedroom house · PH2 0BB
Listing removedReduced £7.5k (−2%) on 20 JunListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This fantastic detached property offers spacious and flexible accommodation well suited to modern family living.
The property benefits from a welcoming sun porch to the front and a single-storey side projection which incorporates a garage, providing useful storage and parking.
The generous garden grounds further enhance the appeal, featuring a large vegetable patch, a greenhouse ideal for keen gardeners, and a useful shed for additional outdoor storage.
The ground floor accommodation is entered via the bright sun porch which leads into the main reception hall.
From the hall there is access to a convenient WC and a generously proportioned sitting room, providing a comfortable and inviting living space.
A separate dining room offers an ideal area for family meals and entertaining.
The kitchen is well positioned and provides good workspace and storage, with the added benefit of an adjoining utility room for laundry and additional household storage.
Also located on the ground floor is a versatile bedroom or study which could serve equally well as a guest bedroom, home office or additional living space depending on individual requirements.
The first floor provides further well-proportioned accommodation comprising four bedrooms, offering ample space for family members or visitors. A family bathroom serves the upper floor.
The property is accessed via a private road serving only three properties at Northbank, creating a quiet and exclusive setting.
It lies to the west of Craigie Place within an established and popular residential area.
The location enjoys a peaceful residential atmosphere while remaining conveniently placed for local services and amenities.
Perth city centre lies approximately one mile to the south-west and offers a wide range of facilities including shops, supermarkets, restaurants, leisure facilities and professional services.
A number of day-to-day amenities are also available locally, making the property well placed for convenient everyday living. EPC Rating: C
Value & comps
Land Registry doesn’t cover Scotland or Northern Ireland, so previous sales may not be on record.
Returns
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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.
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FAQ
About 1 Northbank Craigie Place, Perth
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