Elmwood 16 Lower Oakfield, Pitlochry
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Elmwood 16 Lower Oakfield, Pitlochry

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We have confidence in this estimated current valuation Updated recently
£528,000
Or £3,432 per month to rent Powered by AVM
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Transaction history

Listing history

For Sale
Nov 12, 2016
£480,000
For Sale
Dec 7, 2016
£480,000

Property Description

Data accuracy has been partially verified for this property. More info on modelled data points below.

Our analysis

Welcome to Elmwood 16 Lower Oakfield, Pitlochry, a cozy and compact detached type home with 7 bed in the PH16 5DS area. This lovely residence, which comes with the freedom and stability of a freehold ownership, and sits comfortably in tax band .

This classic property was built The neighbourhood is known for having good properties at a reasonable price - with a market valuation of £528,000 and a rental potential of £3,432 per month, , it represents not just a residence but a worthwhile investment in a sought-after area.

You can discover more about this property by reading the Mouseprice attributes tables in the next section, or if you are the owner and would like to update this property, for example if you've built an extension, you can do so at the top of this page.

Additional analysis

In addition to our own current description, this property has received a tailor-made description dated to Nov 12, 2016. It's possible the property has changed since then, but we are dedicated to giving you everything you need to make smart property decisions. Here's a snippet, and if you'd like to view the full thing, just click to expand.

"Elmwood is a substantial and charming detached Victorian dwelling which offers versatile accommodation and a fabulous lifestyle business opportunity. The property is currently split into 3 self contained properties comprising: owners accommodation occupying the ground floor level and 2 holiday apartments on the first floor level which are let out on a self catering basis. There is potential to enhance the business to maximise earning potential as the current owners operate on a low level to accommodate their lifestyle. The owners accommodation could also be let out as a further 3 bedroom self catering apartment. The property lies within beautifully manicured garden grounds and has the benefit of having a seating area with views over the town towards the hills that guests can enjoy and a further area of ground with summer house which can be enjoyed by the owners. A further private area of garden is quietly tucked away to the rear of the property and is also enclosed. To the side of the property there is a large driveway providing off street parking for up to 6 vehicles. EPC Rating F.

LOCATION The property sits within a prime central location within the picturesque historic town of Pitlochry. Pitlochry is set in the heart of the beautiful Perthshire countryside and is served by a wide range of local facilities and amenities including shopping, banking, professional offices, doctor?s surgery and a community hospital. The town remains a popular holiday destination and attractions include the fish ladder, Pitlochry Festival Theatre and the nearby Blair Castle. The town is bypassed by the A9 trunk route providing easy access to the North and South. OWNERS ACCOMMODATION/APARTMENT 3 A main external door provides access to the Reception Hall which leads to the ground floor apartment via a secure door and a staircase leads to the communal hall providing access to apartments 1 and 2. All of the accommodation has been recently upgraded and is in walk in condition.

The owner's accommodation is located on the ground floor level and comprises: Entrance Hall with plenty of storage cupboards; Lounge with window to the front; Dining Kitchen fitted with wall and base units with solid block work surfaces and tiling between, ceramic sink and drainer unit and double brushed chrome oven/grill with hob and extractor over. There is a door and window to the rear and handy storage cupboard; WC/Utility Room fitted with white WC and wash hand basin and space and plumbed for washing machine; Master Bedroom with dual aspect windows to the front and side, quadruple fitted wardrobes and additional cupboard; en-suite shower room fitted with a white suite comprising WC, pedestal wash hand basin and shower cubicle and 2 further double bedrooms, one of which has an en-suite shower room with white suite. APARTMENT 1 (TAY) This apartment is located to the right of the communal hall and the accommodation comprises: Hall; Lounge/Dining/Kitchen with window to the front affording magnificent views; 2 double Bedrooms and Bathroom fitted with a white suite comprising WC, pedestal wash hand basin and bath with shower over. APARTMENT 2 (TUMMEL) Apartment 2 ? two double bedrooms, one is currently used for storage. The Tummel has an 'L' shaped Hall; Open plan Lounge/Dining/Kitchen with two windows to the front, again affording beautiful views; two double Bedrooms and Bathroom fitted with a white suite comprising WC, pedestal wash hand basin and bath with shower over. GROUNDS The property is situated within beautifully manicured garden grounds which are enclosed and predominantly laid to lawn with planted borders. There is an attractive Summer House providing an ideal haven for relaxation and socialising during the summer months which is available by separate negotiation. There is also a terrace to the front where visitors and guests can sit and enjoy the views.

To the rear of the property lies a further area of garden ground which is enclosed and offers a degree of privacy if required. The driveway to the side provides off street parking for around 6 vehicles and there is also a double garage which is currently utilised by the owners for additional storage, however can easily be changed for use as a garage if required. SERVICES The property has gas central heating, double glazing and is fire compliant with fire alarms and smoke detectors. TRADE The business is open all year round and has sound profitability with further earning potential. Accounts will be made available to to seriously interested parties post viewing on request.

This is a rare opportunity to purchase a successful and profitable business with low running costs and minimum attention due to its self catering nature. The well established business can be handed over on a turn key basis and has excellent testimonials and a 5 star rating on trip adviser. WEBSITES www.elmwoodpitlochry.co.uk
www.pitlochryselfcatering.com
www.airbnb.co.uk
www.pitlochry.org.
www.tripadvisor.co.uk VIEWING Viewings are strictly by appointment through NEXT HOME Estate Agents. ADDITIONAL INFORMATION There was previous planning permission for conversion of one of the apartments and owners accommodation to be converted back to residential accommodation with one holiday let apartment remaining. This has now lapsed however can be viewed on Perth and Kinross planning website using reference 09/01778/7LL. ?The owner?s accommodation could also be let out as a further 3 bedroom self catering apartment? would be subject to ?change of use' Planning. Currently the ground floor is residential subject to council tax (band D), the upper floor is business rated."

Property Data

Data point Compared to road
903 sqm plot

Estimated running costs

Running cost(monthly) Cost Opportunity
Mortgage £2,402 Try Mortgage Tracker
Energy ££600 Try Energy Switcher
Water £50 Water meter checkup
Broadband £30 Find better offers
Home insurance £13 Explore insurance

Schools and stations

Nearby Schools
Nearby Stations
Pitlochry Station
2.4mi
Blair Atholl Station
4.5mi
Dunkeld & Birnam Station
13.3mi
Dalwhinnie Station
23.1mi
Perth Station
25.7mi

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Photos

Strengths and Opportunities

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Renovation improvements

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New Kitchen
This could increase your home value by £15,000
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New Bathroom
This could increase your home value by £5,000
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Air Conditioning
This could increase your home value by £7,000
๐Ÿค”
New Windows
This could increase your home value by £10,000

Cost improvements

๐Ÿค”
๐Ÿค”
Suggestion: Switch energy provider
Click here to view providers

Strengths

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Strength: High plot size
A large plot with plenty of room
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Strength: Family-friendly
Enough beds for the whole family
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Strength: Good price per square metres
The most similar local properties have a comparable price per square metre.

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Frequently asked questions

  1. How much is Elmwood 16 Lower Oakfield, Pitlochry worth?

    Elmwood 16 Lower Oakfield, Pitlochry is now worth £528,000 according to our Mouseprice AVM.

    If you would like to book a free agent valuation for Elmwood 16 Lower Oakfield, Pitlochry - click click here to get a valuation with no strings attached.

  2. What is the rental value of Elmwood 16 Lower Oakfield, Pitlochry?

    The current rental valuation for this property is £3,432 per month, within a price range of £3,089 and £3,775.

  3. How many bedrooms does Elmwood 16 Lower Oakfield, Pitlochry have?

    This property has 7 bedrooms. Search for nearby properties with 7 bedrooms - for sale and to rent.

  4. What are the nearest schools and stations to Elmwood 16 Lower Oakfield, Pitlochry?

    Nearby schools in include

    Nearby stations in include Pitlochry Station, Blair Atholl Station, Dunkeld & Birnam Station, Dalwhinnie Station, Perth Station.

  5. What type of property is Elmwood 16 Lower Oakfield, Pitlochry

    This is a Detached property. There are 15 other Detached properties on Lower Oakfield, and 30 in total.

  6. When was Elmwood 16 Lower Oakfield, Pitlochry built? How old is Elmwood 16 Lower Oakfield, Pitlochry?

    Elmwood 16 Lower Oakfield, Pitlochry was was built between .

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Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, Mouseprice does not warrant the accuracy or completeness (including reliability, currency or suitability) of the data and information contained on this page, and accepts no liability (including without limitation, liability in negligence) for any loss or damage or costs (including consequential damage) arising in connection with the data and information contained on this page.

Nearby locations

Perth, Perth And Kinross Blairgowrie, Perth And Kinross Aberfeldy, Perth And Kinross Pitlochry, Perth And Kinross Dalwhinnie, Highland