Longside, Peterhead AB42

Scotland

£65,000

Listed on 13/01/2026

Property Details

Bedrooms

Type

Detached house

Description

This expansive plot of approximately 0.5 acres in Longside, Peterhead, presents an exciting opportunity for both developers and prospective homeowners. With full planning permission in place for the construction of a new dwelling, complete with parking and garden space (Planning Ref: APP/2021/1005), the land holds significant potential for creating a bespoke property tailored to individual tastes. The previous sales of similar properties in the area serve as evidence of the investment viability, with Parkhill Farm selling for £225,000 and The Rectory fetching £380,000 earlier this year. Nestled in a tranquil rural setting near Peterhead's amenities, this site is ideal for those seeking either a dream home or an attractive development project.

Investment Analysis

(AB42 area)

Area Average

£141/sq ft

Renovation Potential

Medium Refurb

Est. Renovation Cost

£75,000 - £120,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

467%

Properties sold annually

Local Market Trend (AB42)

Area prices are falling by -4.3% over the last 12 months

3 year growth: -4.1%

5 year growth: -0.3%

Investment Disclaimer: Analysis based on AB42 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Longside, Peterhead AB42

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments

£234

Based on a loan of £48,750 over 30 years at 4.06% 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.