Demand Continues To Grow For Perthshire Properties
Another successful quarter for residential sales with strong buyer activity in Perthshire has seen buyers taking advantage of the great value for money and lifestyle opportunities property in the region presents.
During the final months of 2016 (October – December) the number of property sales completed by the CKD Galbraith Perth office rose by 38% compared with the same period of 2015. The number of properties on the Perthshire market with the firm also rose by 45% compared with the previous three months.
Emma Chalmers, partner and head of agency at CKD Galbraith’s Perth office, said:
High levels of demand and buyer activity have continued throughout the winter months which is typically thought of as a quieter period in the property market.
The agency team has experienced a very busy start to 2017 with an increasing number of prospective buyers looking to secure their new property now. Sellers are now benefitting from more of a twelve month market and shouldn’t wait until the Spring months to start marketing their properties when competition in the area is likely to be higher.
Suitably priced properties across Perthshire are generating more enquiries and a good level of viewing figures. Emma continues:
Buyers remain considered and price sensitive but are quick to act and are willing to pay the asking price or indeed in some cases over the market value when they do find the right property.
Rural property with land continues to have great demand from buyers, whether it is a country cottage, farmhouse, land with planning permission or a house in need of renovation with anything from a few acres up to 30 or 40 acres. Country property, either new build or period, also bring in a lot of interest especially if benefitting from a stunning view, quiet setting or good convenience to the cities.
The Perth team recently handled the sale of Balnabein, in Grandtully, which was on the market for offers over £375,000. Within one month the property had received 16 viewings and went to a highly competitive closing date, selling for £426,000. Similarly, Cogbrae Farm, a traditional farmhouse in need of extensive refurbishment with 30 acres of land and lying close to the village of Methven, went under offer within one week of being launched onto the market by the firm in excess of the asking price.
CKD Galbraith’s Perth office has recently brought a number of new properties to the market which are expected to receive high levels of buyer interest:
The Smithy, lying some seven miles from Dunkeld, is a delightful amenity farm extending to about 55 acres. It has a pretty cottage, holiday cottage, pasture, woodland & rough grazing and enjoys attractive views over the surrounding countryside. The Smithy is available at offers over £580,000 (Lot 1 - £475,000, Lot 2 -£30,000, Lot 3 - £45,000).
Dollerie Lodge enjoys a highly scenic rural setting between Crieff and Auchterarder. It is a delightful former lodge which has been sympathetically upgraded by the current owners and provides flexible three bedroom family accommodation of a high standard sitting within a delightful garden with useful outbuilding. Dollerie Lodge is available for offers over £400,000.
1 Glamis Court forms part of an exclusive development within the grounds of Gleneagles Hotel with easy access to the A9, Gleneagles train station, Perth and the major cities of Edinburgh and Glasgow. The property offers a superb lifestyle opportunity, with high quality, tasteful fixtures and fittings and a contemporary design. 1 Glamis Court is available for offers over £480,000.
Millfield is a desirable and attractive country house located close to Auchterarder and Gleneagles Hotel. The house offers generous accommodation and a flexible layout together with a good sized garden and paddock. Millfield is available for offers over £595,000.
Rannagulzion House lies in a beautiful rural position above the River Ericht, enjoys superb views over the surrounding Perthshire countryside and down to the Lomond Hills and about five miles north of Blairgowrie. It sits in a most private setting within its own grounds extending to about 26 acres. Rannagulzion House is available for a guide price of £850,000.