Pennyghael House, a sprawling nine-bedroom mansion nestled on the picturesque Isle of Mull, Scotland, has re-entered the market with a dramatically reduced asking price of £180,000. This historic property, dating back to 1819, boasts a rich musical heritage, having been owned by the iconic rock band Genesis, including frontman Phil Collins, from 1985 to 1997. The band, at the height of their fame, invested a significant sum of £500,000 into the estate, which encompasses nearly 12 acres of land, including enchanting woodlands and a former walled garden. Despite its illustrious past and idyllic setting, the mansion currently stands in a state of disrepair, offering a unique opportunity for a prospective buyer with a vision for restoration or redevelopment.
The significant price drop from a previous listing of over £5 million in 2021 reflects the current condition of the property, described as “derelict.” However, this presents a compelling proposition for those seeking a project with vast potential. The Isle of Mull itself is renowned for its natural beauty, boasting pristine white sand beaches, abundant wildlife, and breathtaking coastal vistas. Pennyghael House, overlooking the former walled garden, woodland, and grazing land, offers a captivating setting for creating a truly remarkable residence. The property’s commanding position within the landscape adds to its allure, promising a sense of tranquility and seclusion amidst the island’s captivating scenery.
The estate agents, Bidwells, highlight the opportunity for the next custodian to either restore the existing structure or develop a new property on the site, subject to obtaining the necessary permissions. Planning permission, granted in 2007, allows for the demolition of certain sections of the existing building while preserving and restoring the remaining parts. This flexibility provides a prospective buyer with a canvas for creating a bespoke dwelling that harmonizes with the surrounding environment. The extensive grounds offer ample space for realizing ambitious design concepts, transforming the derelict mansion into a luxurious retreat or a modern masterpiece.
The Isle of Mull’s tranquil setting and natural beauty provide an attractive backdrop for a variety of lifestyles. The island caters to outdoor enthusiasts, offering opportunities for sailing, golfing, and exploring the stunning coastline. The small village of Pennyghael, with its population of just over 100 residents, provides a sense of community and peaceful living. Local amenities include a sub post office and a community hall, while The Inn at Port nan Gael offers a culinary experience showcasing local produce. This tranquil village setting provides a welcome escape from the bustle of city life, offering a sanctuary for those seeking a slower pace and a closer connection to nature.
The sale of Pennyghael House presents a rare opportunity to acquire a piece of musical history and create a dream home in a truly exceptional location. The combination of a historic property, a stunning natural setting, and a dramatically reduced asking price makes this a compelling proposition for those seeking a unique project. The potential to restore the mansion to its former glory or create a new residence tailored to individual preferences adds to the property’s allure. The Isle of Mull’s tranquil atmosphere and abundant recreational opportunities further enhance the appeal of this remarkable estate.
Jake Shaw-Tan, Head of Agency, Scotland, at Bidwells, describes the property as an “incredibly exciting project” and a “rare opportunity to save a historic country home.” He emphasizes the special character of the Isle of Mull and the potential for creating something beautiful within the existing landscape. This sentiment captures the essence of Pennyghael House – a property with a rich past, a promising future, and the potential to become a truly exceptional residence in one of Scotland’s most captivating locations. The opportunity to transform this derelict mansion into a breathtaking home amidst the stunning backdrop of the Isle of Mull is a testament to the enduring appeal of historical properties and the transformative power of vision and restoration.
