What it is: Lagavulin Mill, built of stone and render under a pitched slate roof, has two floors, both of which are open plan. The 100-year-old former sawmill shares its name with Lagavulin, on Islay, but is in fact on the banks of Grassfield Burn on the edge of the hamlet of Whitehouse. The dilapidated property has planning permission to be converted into a two-storey, three-bedroom house, with an open-plan ground floor and three bedrooms — one en-suite — on the first.
It is six miles from the coastal village of Tarbert — host to the annual Scottish Series yachting event — and 19 from Lochgilphead; Glasgow is a two-hour drive away, but Tarbert also has a ferry link to Portavadie, providing an alternative route to the city.
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The problems: Tintoside Developments, which owns the property, is also putting up two new-builds on the site, located about 30 metres away from the mill, although Lagavulin will have two parking spaces for itself and “substantial” gardens on the riverbank.
Serviced with mains water and electricity, a drainage system will need to be installed — this is not included in the asking price.
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The advantages: The property is in an attractive rural setting, and on the far side of the burn lies woodland. A new access road has just been built up to Lagavulin Mill, which is being marketed as a development opportunity for someone keen to do their own conversion; however, the developer is offering to complete the work for the new owner if preferred — either way, the selling agent estimates conversion costs are between £80,000 and £100,000.
The mill’s sell-on value is estimated at between £250,000 and £265,000.
Strutt & Parker, 0141 225 3880, www.struttandparker.com