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Balrennie Farm, Edzell DD9

Scotland

£90,000
Listed on 04/09/2024

Property Details

Bedrooms
N/A
Type
Plot

Description

Nestled within an exclusive countryside development, these two remaining plots present a unique opportunity for investors and homeowners alike. With full planning permission already in place for the construction of detached family homes, both plots promise picturesque open views and potential for additional equestrian facilities with the option to purchase adjacent pony paddock land. Located just 1.5 miles from the village of Edzell, known for its charming amenities including shops, cafes, and recreational facilities, these plots are ideally situated near the scenic Angus Glens and only a short drive from the beautiful Angus coastline. Each plot is easily accessible via a private road leading from local routes. The designs by local architects emphasize spaciousness and light, making them suitable for modern family living. Both plots come with generous areas—Plot 1 measuring approximately 0.25 acres and Plot 2 at about 0.20 acres—providing ample space to create a desirable home environment while also allowing for outdoor pursuits like gardening or keeping horses. This development not only offers a serene living condition but also represents significant investment potential due to its sought-after location and surrounding outdoor activities, which can enhance lifestyle quality as well as property value over time.

Investment Analysis

(DD9 area)
Area Average
£137/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (DD9)

Area prices are rising by +16.8% over the last 12 months
3 year growth: +6.3%
5 year growth: +20.3%
Investment Disclaimer: Analysis based on DD9 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

Balrennie Farm, Edzell DD9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£319
Based on a loan of £67,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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