Positive price moves

The Scottish prime market has started a new decade poised for growth

Price movements in the Scottish prime housing market turned positive for the fi rst time for 18 months at the end of 2009 according to the latest analysis from Savills Research. In the last quarter of 2009, prices for Scottish prime property, valued at £400,000 and above, increased by 3 per cent, indicating that stability has returned to the market. Faisal Choudhry, head of Savills Research in Scotland, said: ‘While Scottish post credit crunch market recovery has failed to keep pace with that of the prime markets of the South East, the steady but less dramatic price growth that Scotland has experienced following the downturn should protect the market from risks of a potential double dip in the short term.’ Andrew Perratt, Savills head of Residential Property, said: ‘This is good news for the £400,000 plus market in Scotland. It means that the market, which stabilised towards the end of 2009, is now poised for growth.’ Savills will hold their annual Property Outlook Seminar at the Roxburghe Hotel.

Mill of Balmaleedie, Marykirk, Kincardineshire

Anyone looking for a property project to start off the new decade should take a good look at Mill of Balmaleedie. The property’s core component is the beautifully modernised early 18th century farmhouse with three reception rooms and four bedrooms. A recently added family room or garden room with its cathedral style ceiling, wood burning stove and French doors to the garden is a striking feature. Spearmill Cottage, which lies apart from the farmhouse, has also been renovated and is successfully used for holiday lets.

Netherton of Glenboig, Fintry, Stirlingshire

This is a small residential and amenity farm with an attractive period farmhouse. The farmhouse has excellent accommodation with hall, drawing room, dining room, sitting room, study, conservatory, kitchen, bedroom with en suite bathroom, two shower rooms and a work room/bedroom. The first floor has four bedrooms and a bathroom. There is a further bedroom/library accessed by a separate staircase with gallery. With around 62 acres of land and salmon fishing on the Endrick Water and a private airstrip, this is indeed a unique property.

Erracht Lodge, Glen Loy, Fort William

An early 19th century property, Erracht Lodge enjoys exceptional views onto Ben Nevis with the Caledonian Canal in the foreground. The two storey stone built lodge is in need of complete modernisation and renovation. The house is currently divided into two, front and rear, with the self-contained annexe to the rear accessed via a separate side door. The property includes two traditional stone barns and land with permission in principle for six houses and land with a master plan proposal for a further 12 houses. The property is for sale as a whole or in two lots.







Auchencrow Mains Farmhouse, Borders (pictured above)

A Georgian farmhouse, Auchencrow Mains is in a secluded position within grounds extending to one acre. The property has been extensively renovated and upgraded. Accommodation comprises four reception rooms, five bedrooms, two bathrooms and a south-facing balcony. There is also a good range of outbuildings, including a garage.


Mill of Balmaleedie, Marykirk, Kincardineshire Offers over £695,000 for the whole Savills. Tel: 01356 628628

Netherton of Glenboig, Fintry, Stirlingshire Offers over £995,000 Strutt & Parker. Tel: 0141 225 3880

Erracht Lodge, Glen Loy, Fort William Offers over £800,000 Bidwells. Tel: 01397 702 433.

Auchencrow Mains Farmhouse, Auchencrow, Scottish Borders Guide Price – £549,000 Knight Frank. Tel: 01578 722 814


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