Northwood House, 118 Strathern Road, Broughty Ferry, Dundee
SA

Northwood House, 118 Strathern Road, Broughty Ferry, Dundee

By Savills

£ 250,000

Reviews

3 out of 5 stars

Savills says ..

FOR SALE – Attractive listed office property with redevelopment potential CLOSING DATE SET - Wednesday 26th April at 12 noon

Property Oracle says ..

This listing presents a potentially significant opportunity, but also significant uncertainty. The property, Northwood House, is a large building in a highly desirable location – Broughty Ferry, Dundee. The photographs show a substantial property with extensive grounds. It is described as an attractive listed office property with redevelopment potential. While the images suggest a property in fair to good condition for its age, more information is critical. The listed price of £250,000 is remarkably low compared to other properties in Broughty Ferry, especially given the size of the property and land. This price discrepancy raises questions about potential renovation costs, any hidden structural issues, or the specific challenges and potential rewards associated with redevelopment. Potential buyers would require a thorough survey, and detailed plans to assess the viability of the redevelopment to make an informed decision. The lack of details, such as the number of rooms, exact plot size, and condition report, creates uncertainty in forming a comprehensive and accurate assessment. Further investigation is crucial to fully evaluate this property’s true value and market position. This property would appeal to investors and developers with experience in undertaking substantial renovation projects in period properties.

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
4
Condition
7
Location
7
Land
8
Bedrooms
0
Bathrooms
0

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
299,533.00 £
Decreased by 4.46 %
from 313,511.00 £
Average area rental value
1,335.00 £/mo
Increased by 8.54 %
from 1,230.00 £/mo
Est rental Yield
5.35 %
Increased by 13.59 %
from 4.71 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Savills created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Claypotts Terrace £ 000.00 KM
Gillies Place £ 000.00 KM
Albert Road £ 000.00 KM
Ballinard Road £ 000.00 KM
Bayfield Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Broughty Ferry9023BYF1.82 KM
Balmossie9013BSI5.51 KM
Monifieth9060MON7.84 KM
Dundee9039DEE9.29 KM

Nearby Listings

AddressPriceTypeScoreDistance
Northwood House, 118 Strathern Road, Broughty Ferry, Dundee £ 250,000BUY6 / 100.00 KM
114 Strathern Road, Northwood Court, DD5 £ 155,000BUY7 / 100.10 KM
Strathern Road, Broughty Ferry, DD5 £ 325,000BUY7 / 100.18 KM
Grove Road, Broughty Ferry, Dundee £ 240,000BUY6 / 100.18 KM
13 Regent Place, Broughty Ferry, DD5 1AT £ 129,000BUY7 / 100.21 KM