Tyrie Church, Fraserburgh, AB43 7DL

Description

Historic stone church building with development potential, featuring traditional Scottish ecclesiastical architecture, large arched windows, high ceilings and an open interior. The property offers potential for a variety of future uses subject to planning permissions.

Accommodation

Main church sanctuary with upper floor level; entrance vestibule; store; vestry; grounds.

Location

Well-kept church located in the rural village of Tyrie, only minutes from Fraserburgh, with open outlooks to surrounding farmland. Tyrie is approximately 5.5 miles south-west of Fraserburgh.

Tenure / Property Information

Investment Analysis

The £38,000 guide is the only supplied price evidence. No completed-sale comparables, GDV evidence, rental evidence, planning consent, works budget or quantified fees are provided. The Buyer’s Premium, possible additional fees and VAT treatment are also unspecified, so no reliable investment valuation or maximum bid can be calculated.

Investment Snapshot

Strategy Recommendation

Treat as a planning-led conversion or alternative-use opportunity only. Do not rely on BTL, BRRR or flip returns until planning, building condition, costs, fees and end values are evidenced.

Works Required

Any future conversion, adaptation or redevelopment would require planning and technical due diligence. The evidence does not support specifying construction works or a refurbishment budget.

Rental & Market Context

Potential BRRR Position

A BRRR assessment cannot be completed without planning confirmation, residential accommodation details, a works budget, supported rent and GDV evidence. Refinance capacity is therefore unavailable.

Buy-to-Let Analysis

BTL analysis is not supported because no sufficiently specific rental comparable or auctioneer rent estimate is provided. The building is described as a church with future uses subject to planning, so residential letting cannot be assumed.

Flip Analysis

A flip appraisal cannot be completed because no evidence-supported GDV, conversion cost, selling allowance or planning consent is provided. The guide price alone is insufficient to establish a resale surplus.

Investor Risks & Due Diligence

• Any future use or conversion is subject to planning permission.

• The building has an EPC rating of F.

• No rental evidence or passing rent is provided.

• The Buyer’s Premium is unspecified.

• Additional fees may apply and quoted prices are exclusive of VAT.

• The vendor is identified as a connected party.

• No completed-sale comparables, GDV, refurbishment budget or resale allowance are supplied.

Recommendation

Treat as a planning-led conversion or alternative-use opportunity only. Do not rely on BTL, BRRR or flip returns until planning, building condition, costs, fees and end values are evidenced.

Strategy Rating

Analysis Confidence

Only the guide price, building description, EPC rating and general location are supplied; key valuation, planning, cost, fee, occupancy and rental evidence is absent.