Stunning Scottish mansion for just £200k - but there’s a catch

The incredible six-bedroom home for the price of a London studio flat

Chesterhill House

In London you'd be hard-pressed to find a studio flat in a less desirable part of town for £200,000, but in Newport-on-Tay in Fife, it will stretch to an incredible 19th century six-bedroom home within commuting distance of Dundee.

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Chesterhill House

Chesterhill House is something of a project. It hasn't been lived in for years, and has been set up for a number of people to live relatively independently, so you would need to invest a fair amount to bring it back to its former glory.

Chesterhill House

However if you have the cash for major work, here are several large reception rooms on the ground floor, with room for a kitchen, lounge, dining room, games room, and study. There's also a lower ground floor in case your ambitions stretch to a cinema room and leisure complex. On the first floor, there's space to create plenty of lovely bedrooms - some of which could take an ensuite, and a dressing room. The options are as broad as your pockets are deep.

Chesterhill House

The imposing stone property also comes with three acres of countryside (including an oval walled garden), plus outbuildings and garages. They are all in a pretty dilapidated state, but someone who wanted to transform the home into a holiday business would have plenty of scope for creating extra living accommodation - assuming they got the planning permission.

What else?

By taking on a massive project, the buyer will be getting a bargain - and something they can tailor entirely to their needs. Alternatively, if they are after a sprawling mansion in the area, and would rather pay more for the finished article, there are plenty to choose from.

Options include The Craig, By Montrose, which is one of the oldest properties in Scotland and has undergone significant renovation over the past 30 years. It's an impressive six-bedroom house, and it would set you back £1,650,000.

Alternatively, there's a stunning 18th century former shooting lodge in Cupar in Fife, complete with 11 bedrooms, a county standard tennis court and a golfing green. That one will cost you £1,150,000.

But what do you think? Which would you prefer? Let us know in the comments.

UK property hotspots 2017 (according to Zoopla)

UK property hotspots 2017 (according to Zoopla)