Bidwells says ..
Colliston Inn, Arborath Residential Development Site
Property Oracle says ..
The Colliston Inn presents a unique opportunity in the Angus property market. Listed at £285,000, this property comprises a substantial building on a large plot of land, measuring 37,996.61 sqft. The building itself, from the available images, appears to be in fair condition, with scope for modernisation and potential for a variety of uses. The substantial plot suggests development potential or the opportunity to create expansive outdoor spaces. The lack of bedrooms and bathrooms suggests the property is likely to require refurbishment and is likely aimed at a developer or investor. The location offers a blend of rural setting and proximity to the town of Arbroath, which has amenities but would require a car for daily commuting, especially in the absence of close by schools. More information on the property’s internal layout and the exact nature of the plot is needed before a truly comprehensive evaluation can be provided. However, the significant land size makes it attractive to prospective buyers seeking extensive acreage in a relatively peaceful setting. The absence of comparable properties in the immediate vicinity makes the precise valuation challenging, however, the asking price appears in line with values observed in surrounding areas.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 4
- Land
- 7
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 21,527.82
- Lot (est)
- 37,996.61
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 172,483.00 £Decreased by 32.50 %
- Est sale value
- 4,240,980.54 £Increased by 44.85 %
- Average area rental value
- 550.00 £/moDecreased by 14.60 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.83 %Increased by 26.82 %
- Crime Rate
- 0.00 %
Agent Activity
Bidwells created the listing.
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Denside | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Arbroath | 9079 | ARB | 7.22 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Colliston Inn, Arbroath, Angus | £ 285,000 | BUY | 6 / 10 | 0.00 KM |
| The Old Church, Colliston, Angus, DD11 | £ 385,000 | BUY | Unknown | 0.13 KM |
| Colliston, Arbroath | £ 435,000 | BUY | 7 / 10 | 0.71 KM |
| Colliston, Arbroath, Angus, DD11 | £ 2,100,000 | BUY | 5 / 10 | 1.32 KM |
| Arbroath, Angus, DD11 | £ 250,000 | BUY | Unknown | 1.90 KM |