LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Who needs an estate agent? Church lists properties for sale – London Wallet

Mark Helprin by Mark Helprin
January 25, 2024
in Real Estate
Who needs an estate agent? Church lists properties for sale – London Wallet
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

New mortgage rules could boost home ownership by making it easier to buy property – London Wallet

Renters’ Rights Bill to undergo further scrutiny in the Lords next week – London Wallet

Comings & Goings – London Wallet

There is a section of the Church of Scotland website that suggests the organisation could almost reinvent itself as an estate agent – the BBC reports this week.

The “Properties for sale” page offers everything from plots of land to former council houses and church buildings, ranging from offers over £40,000 to £400,000.

The Reverend David Cameron, Convener of the Church of Scotland Assembly Trustees, sees it as a ‘sign of the times’.

Looking at the entry for a church in Kilmarnock, East Ayrshire, an entire church is up for sale – complete with hall and modern fitted kitchen.

With a portfolio of more than 5,000 properties, second only to the National Trust for Scotland, it has a significant volume of units in its portfolio.

Cameron explained: “We have a surplus of buildings and a large property portfolio. With reducing membership and income, and the challenge to maintain these properties, we need to address our estate.”

Selling churches, especially in rural areas, is sensitive. In some communities, these buildings are the only communal spaces available. Urban and rural settings alike face the high costs of maintenance and utilities.

But these church sales can turn these historic buildings into unique spaces.

St Luke’s in Glasgow’s east end, under the leadership of Operation Manager Alexander Riches, illustrates this transformation.

Since 2015, St Luke’s has become a busy bar and concert venue. The renovation was no small feat.

“The biggest challenge was really just trying to get a vision in place to turn it into what you see now,” Riches said.

The Church faces mounting challenges in preserving an extensive property portfolio amid declining attendance and resources, suggesting that many more properties could be sold in the foreseeable future; an attractive proposition to any agent prepared to market these largely historic buildings, subject to winning instruction from the church of course.

 





Source link

Share30Tweet19
Previous Post

Trade body welcomes Labour’s push to regulate estate agents – London Wallet

Next Post

US real estate investor sets bold ambitions for UK BTL growth – London Wallet

Mark Helprin

Mark Helprin

Recommended For You

New mortgage rules could boost home ownership by making it easier to buy property – London Wallet
Real Estate

New mortgage rules could boost home ownership by making it easier to buy property – London Wallet

June 25, 2025
Renters’ Rights Bill to undergo further scrutiny in the Lords next week – London Wallet
Real Estate

Renters’ Rights Bill to undergo further scrutiny in the Lords next week – London Wallet

June 25, 2025
Comings & Goings – London Wallet
Real Estate

Comings & Goings – London Wallet

June 25, 2025
Keepmoat promotes divisional chairman to chief executive | Property Week
Real Estate

Keepmoat promotes divisional chairman to chief executive | Property Week

June 24, 2025
Next Post
US real estate investor sets bold ambitions for UK BTL growth – London Wallet

US real estate investor sets bold ambitions for UK BTL growth - London Wallet

Related News

Top Wall Street analysts are upbeat about these dividend stocks

Top Wall Street analysts are upbeat about these dividend stocks

July 30, 2023
VW and Porsche’s electric car sales dipped, but the new Macan EV and ID.4 spark hope

VW and Porsche’s electric car sales dipped, but the new Macan EV and ID.4 spark hope

April 10, 2024
Meghan in her ‘concert era’ after attending James Taylor show with Harry

Meghan in her ‘concert era’ after attending James Taylor show with Harry

May 15, 2025

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?