Downsizing in Monifieth: What You Would Actually Release
Selling at the £195,000 Monifieth average and buying at £136,500 releases about £52,875 after costs. Fees, LBTT and moving take roughly £5,625 of it.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to.
Selling at the £195,000 Monifieth average and buying at £136,500 releases about £52,875 after costs. Fees, LBTT and moving take roughly £5,625 of it.
The downsizing sum for Monifieth
Start with the gap. Selling at £195,000 and buying at 70% of that, £136,500, leaves £58,500 before costs. Costs are the part people underestimate.
Agent fees at 1.5% are £2,925. LBTT on the purchase is £0. Total £5,625, leaving £52,875 in hand.
Where the sale proceeds go
The commercial page for this town sets out the introduction itself: Equity release in Monifieth.
Two routes to the same cash, priced
A lifetime mortgage at 65 on the same property would release about £66,300. Downsizing nets £52,875. The difference is that downsizing costs you the house, and equity release costs you the estate.
Over twenty years that £66,300 release grows to roughly £233,618. The downsizing figure does not grow at all, because there is no debt.
The parts of downsizing that are not financial
Council tax follows the property, not the person. Band D in Angus is £1,599, and a smaller home may sit in a lower band. Check the band before you offer, not after.
Downsizing works best when you are not in a hurry.
What a move within Monifieth looks like
The schools families ask about here are Monifieth High School, Grange Primary School, Seaview Primary School, Roman Catholic (denominational) provision and Dundee and Angus College. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Monifieth to Dundee takes about ~8 min train / ~15 min drive.
By price, Monifieth ranks 3 of the 8 Angus locations we cover, at £195,000 against a county average of £190,000. Band D council tax here is £1,599, against £1,599 across the county.
Is Monifieth right to stay in?
Monifieth is a coastal commuter town just east of Dundee, a Blue-Flag beach, golf links and a fast rail commute; an affordable alternative to Broughty Ferry.
The full local guide covers schools, transport and the market in detail: Monifieth property and area guide.
Moving within Angus rather than out of it keeps you near family and known services. The county average price is £190,000, against £195,000 here.
- A coastal commuter town with a very fast rail link to Dundee (~8 min)
- A Blue-Flag beach and championship-qualifying golf links
- An affordable coastal alternative to neighbouring Broughty Ferry
- A simple Scottish council-tax bill, no police, fire or community precept
- Good schools and a settled, family community
- No A&E in the town, the nearest is Ninewells Hospital, Dundee (~7 miles, though genuinely close)
- It sits on the Dundee edge rather than in open countryside
- Homes near the beach and the links command a premium
- Scottish Water is a separate charge added to the same bill (~£652 at Band D)
- Some low-lying and coastal ground needs a flood check
| Who it suits | Out of five | Why |
|---|---|---|
| Downsizers & retirees | ★★★★☆ | A walkable coastal town with the beach, the golf and good amenities, and Ninewells A&E genuinely close in Dundee, though the nearest A&E is in the city rather than the town. |
| Rail commuters | ★★★★★ | A working station on the Dundee to Aberdeen main line puts Dundee about eight minutes away by train and Aberdeen within reach, a genuine, fast rail commute and one of the town's strongest assets. |
| Families | ★★★★★ | Good Education-Scotland schools including Monifieth High School and well-regarded primaries, the beach, parks and the golf, plus a fast rail commute, check catchments; homes near the beach and links carry a premium. |
| Buyers priced out of Broughty Ferry | ★★★★★ | Much of Broughty Ferry's seaside-and-commuter appeal at gentler Angus prices, just along the coast, a genuine value alternative for coastal-commuter buyers. |
| First-time buyers | ★★★★☆ | Flats and older terraces from around £90,000 to £140,000 offer a way in and the LBTT relief helps, Monifieth is cheaper than Broughty Ferry, though inland Angus towns are cheaper still. |
Monifieth is known locally for The Monifieth golf links. The town's golf links, whose Medal Course has hosted Open Championship final qualifying, are part of the great Angus golf coast, a genuine draw for golfers, with Carnoustie next door.
Practical detail for Monifieth: the DD5 postcode district, yes, Monifieth station on the Dundee to Aberdeen main line (Dundee ~8 min); a genuine commuter asset and nearest A and E is Ninewells Hospital, Dundee, the area's full 24-hour A&E (~7 miles, genuinely close); no A&E in Monifieth.
Monifieth has history behind the price. In Early times, A settlement with Pictish and early-Christian associations grows on the Angus coast east of the Tay.
Monifieth at a glance
| Downsizing line | Monifieth figure |
|---|---|
| Sale price, local average | £195,000 |
| Purchase at 70% of value | £136,500 |
| Estate agent at 1.5% | £2,925 |
| LBTT on purchase | £0 |
| Legal and moving | £2,700 |
| Total costs | £5,625 |
| Net released | £52,875 |
| Lifetime mortgage alternative at 65 | £66,300 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Monifieth
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- A real valuation of your home, not the £195,000 average
- The council tax band of the property you are buying
- Total moving costs of about £5,625
- The equity release comparison, in writing, before you decide
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to.
Check broadband before you make an offer in Monifieth
Broadband speeds can vary street by street in Monifieth, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much would I release by downsizing in Monifieth?
Is downsizing better than equity release?
What are the costs of moving?
How do I check broadband speed at a property in Monifieth?
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