How To Be An Affordable Estate Owner
The range of estates for sale could herald a new generation of owners. A number of estates now on the market can be purchased for around the £1 million mark, offering agricultural, residential, sporting and renewable possibilities.
Range of estates for sale could herald a new generation of owners.
CKD Galbraith, Scotland’s leading specialists in the sale and management of country estates, say that a new generation of estate owners may be about to come to the fore.
A number of estates now on the market can be purchased for around the £1 million mark, offering agricultural, residential, sporting and renewable possibilities for prospective land owners.
Estate owners no longer necessarily hail from generations of the same family and might be self-made individuals or entrepreneurs from all over the world. These smaller more affordable estates now coming to the market are paving the way for new owners to take to the Highlands and Islands.
CKD Galbraith have recently brought to the market an historic residential and sporting estate set in one of the most beautiful parts of Orkney; the Island of Rousay. Trumland Estate is for sale for offers over £950,000, comprising some 1746 acres (707 hectares). The sale includes Trumland House built in 1873 to the design of David Bryce, three charming estate cottages and former coach house as well as sporting and sailing opportunities on the estate. Estates such as Trumland offer a tremendous opportunity to invest in a potentially gratifying project for those willing to manage and develop the land and housing.
Similarly, Tibertich is an attractive small amenity Estate in rural Argyll which includes a four bedroom farmhouse, two holiday cottages and about 295.4 acres (119.5 hectares) of land for offers in the region of £675,000. The estate has excellent sporting potential, 98.8 acres of broadleaf woodland plantation and fishing rights on Lochan.
John Bound, head of estate sales for CKD Galbraith, said; “Many people would love the challenge and rewards that being a Scottish estate owner entails however most believe that owning a piece of Scotland’s natural heritage is well beyond their means. Although estate management is costly in both time and finances, small estates are often affordable and can provide additional income through holiday and sporting lets.
“The firm have a number of estates on the market that present this opportunity to willing buyers. For example, Glenkerran is a private and peaceful amenity estate on the very scenic Kintyre Peninsula. The estate extends to around 497.26 acres in all and includes productive pasture and hill. There is also good sporting potential and a derelict cottage which could be developed in to holiday accommodation.
“Most of these estates are in need of some investment to develop them into income-generating, well maintained properties. They offer the buyer something more than a straight forward residential home; you are purchasing a part of the countryside which comes with a level of responsibility but for those prepared it can give endless rewards.”
Glenkerran Estate is for sale for offers over £750,000.
If it’s a secluded highland retreat you are seeking then look no further than Ledmore Estate. Ledmore is a diverse and manageable west highland estate of about 500 acres (202 hectares) set in dramatic scenery with sporting and fishing rights. Ledmore Lodge is an eight bedroom house which can accommodate large parties and holds much potential. Close by is the Shephard’s cottage, a traditional three bedroom property, which would be ideal as a family holiday home. Ledmore estate has a guide price of £490,000.
For more information on Tibertich or Glenkerran estate please contact CKD Galbraith’s Stirling office on 01786 434600. For information on Trumland or Ledmore Estate please contact the Inverness office on 01463 224343.