Development Sites, Coteachan Hill, Mallaig
Scotland
£85,000
Listed on 22/10/2026
Listed on 22/10/2026
The listing
Property details
Bedrooms
N/AType
PlotDescription
Seven individual freehold plots are offered for detached self-build homes at Coteachan Hill, on elevated ground north-east of Mallaig Harbour. The plots form part of a wider residential scheme that also includes housing being delivered by Lochaber Housing Association and Communities Housing Trust. Access to the private plots is planned from shared accesses off a new adopted road serving the development.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
30out of 100
Grade ELow opportunity
Confidence: LOW
This is a plot purchase rather than a renovation of an existing house: the images show sloping, undeveloped land, while the listing describes consent for a detached self-build home and gives a generic approved design of around 172m². The elevated outlook towards the water, Skye and the Small Isles, together with the stated services at plot boundaries and walkable access to Mallaig, gives the project a distinctive setting and a clear opportunity to shape a new home. The wider development’s planning and technical consents are stated in the listing, but plot-specific requirements should still be checked.
The overall score is low at 30/100, with limited economics and elevated risk; this is a substantial build project, not a cosmetic value-add. The floor area for the property being sold is missing, so value versus local £/sq ft cannot yet be judged. No renovation range is available, so the build budget and programme need to be established before assessing the opportunity.
Key opportunities
- Create a detached home around the approved one-and-a-half-storey, four-bedroom design, with scope to explore variations subject to the seller’s approval.
- Make the most of the elevated outlook across the water towards Skye and the Small Isles in a home designed for the site.
- Develop a home in walking distance of Mallaig’s harbour, village amenities and railway station, with services stated to be available at plot boundaries.
Key risks
- Undeveloped, sloping ground makes this a new-build programme: construction costs, site preparation and delivery timing need to be established rather than budgeting for a renovation refresh.
- Confirm the specific plot’s consent, technical requirements, access arrangements and service connections before committing.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£321
Based on a loan of £63,750 over 30 years at 4.45% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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