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Plot with Land at Castle Farm, Rosehearty, Fraserburgh AB43 - Image 1
Plot with Land at Castle Farm, Rosehearty, Fraserburgh AB43 - Image 2
Plot with Land at Castle Farm, Rosehearty, Fraserburgh AB43 - Image 3
Plot with Land at Castle Farm, Rosehearty, Fraserburgh AB43 - Image 4
Plot with Land at Castle Farm, Rosehearty, Fraserburgh AB43 - Image 5

Plot with Land at Castle Farm, Rosehearty, Fraserburgh AB43

Scotland

£180,000
Listed on 20/04/2024

Property Details

Bedrooms
4
Type
Detached house

Description

Nestled along a picturesque, tree-lined access track, this remarkable property is situated within the historic grounds of Pitsligo Castle, offering stunning views over the charming fishing village of Rosehearty and the expansive Moray Firth. The generous plot encompasses 1.20 acres (approximately 4856sqm) and includes an additional adjacent grass paddock of 0.7 acres—ideal for potential further development. This site comes with Full Planning Permission and a Building Warrant for a modern four-bedroom family home with an integrated garage. The thoughtfully designed layout emphasizes open living spaces and ample storage, incorporating large windows that invite natural light and frame breathtaking vistas of the coastal landscape. Moreover, substantial groundwork has already been accomplished; previous structures have been cleared, and granite materials from the demolition are available on-site to be repurposed in construction. The local area benefits from essential utilities, including mains water, electricity, and telephone services readily available for connection. This readiness allows for immediate commencement of building upon acquisition, presenting a unique opportunity not just to create a dream residence but also to capitalize on investment potential in a sought-after location. Historically significant, Pitsligo Castle dates back to 1424 and provides a rich backdrop to this property. The surrounding village of Rosehearty has roots as one of Scotland's earliest seaports, evolving from its bustling herring trade in the 19th century into a tranquil yet growing community. While retaining its quaint charm—complete with schools, local shops, leisure facilities, and beautiful coastal walks—the village continues to attract new residents. Additionally, past planning permissions for multiple dwellings indicate further development opportunities exist for investors looking to explore various options within this notable landscape. Given its blend of historical significance and modern development potential in a thriving locality, this property offers both an inviting place to call home and an attractive prospect for future investment.

Investment Analysis

(AB43 area)
Area Average
£117/sq ft

Renovation Potential

Est. Renovation Cost
£18,000 - £45,000
10-25% of property value
Monthly Sales
24
Average per month
Market Turnover
80%
Properties sold annually

Local Market Trend (AB43)

Area prices are falling by +2.3% over the last 12 months
3 year growth: 5.3%
5 year growth: 9.1%
Investment Disclaimer: Analysis based on AB43 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Plot with Land at Castle Farm, Rosehearty, Fraserburgh AB43
Map showing location of Plot with Land at Castle Farm, Rosehearty, Fraserburgh AB43
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