£9 million for a semi-derelict cottage in Scotland?

Updated
The main cottage at Glen Massan
The main cottage at Glen Massan



Even in central London, £9.1 million might seem a little on the steep side for a two-bed pad. In rural Scotland, the price tag is even more of a surprise.

But the value of this semi-derelict cottage is boosted by a four-bed holiday let - and an 8,000-acre estate.

"The Glen Massan Estate is a first class landholding tucked away between Loch Fyne and Loch Long on the Cowal Peninsula, on the West Coast of Scotland," say agents Bidwells.

"Readily accessible yet very private, it is almost unheard of to find such a varied landholding where so much of its value is vested in highly productive commercial forest."

Along with the forestry operation, the estate includes a farm, run under contract, and also offers the possibility for a deer-hunting business and winged game shoots.

Part of the forested estate
Part of the forested estate



The estate takes up a good part of the scenic Cowal Peninsula, bordered on three sides by sea lochs and, in the north, by mountain, forest and glen.

The main cottage, Garrachra, has two bedrooms with a converted attic space and has beautiful views down the glen. It needs a lot of work, say the agents, but there's planning permission to extend to create a four-bedroom house with open plan kitchen and living area, two en-suite bathrooms, office, boot room, further bathroom and double garage.

The living space at the holiday let
The living space at the holiday let



The work's already been done on Corrie Massan, which is let out as a four-star holiday let. It has a large open plan kitchen/dining room/living space, four bedrooms, two en-suite bathrooms and shower room.

The estate might go to somebody looking for a change of lifestyle and wanting to really get away from it all. More likely is that it will be sold to an investor keen to make it pay its way by building on the forestry operation and establishing a sporting business.

It's not quite the most expensive country estate in Scotland. Last month, Kinnaird Estate, near Dunkeld in Perthshire, was sold to businessman Crawford Gillies for £9.6 million. He, too, plans to sell shooting and fishing, and describes it as ' a beautiful part of the country'.

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