Worst House on the Street Logo
Craigmill Forest Estate, Dallas IV36 - Image 1
Craigmill Forest Estate, Dallas IV36 - Image 2
Craigmill Forest Estate, Dallas IV36 - Image 3
Craigmill Forest Estate, Dallas IV36 - Image 4
Craigmill Forest Estate, Dallas IV36 - Image 5

Craigmill Forest Estate, Dallas IV36

Scotland

£5,750,000

Listed on 28/09/2024

Property details

Bedrooms
N/A
Type
Woodland

Description

Nestled within the serene Craigmill Forest Estate in Moray, Scotland, this expansive 1,311-hectare property presents substantial renovation and investment possibilities. Easily accessible from major roads like the A940 and A96, the estate benefits from its proximity to timber markets and distilleries, making it an attractive location for forestry investments. The estate is primarily composed of thriving Scots pine and Sitka spruce plantations that are strategically spread across gentle hills and scenic landscapes, providing a rich natural capital. The commercial forestry operations are poised to generate significant income in the near future, particularly at the Hill of Mulundy, with expected harvesting revenues of around £200k. Additionally, there are multiple identified sites within the estate suitable for residential development, including one with existing planning permission for a detached dwelling. The existing residential property on-site – Wester Meikle Branchill Farmhouse – is currently occupied but requires modernization which could enhance its rental value or resale potential once renovated. Aside from forestry and residential opportunities, the estate also holds potential wind energy developments subject to further planning approvals. With a history of archaeological interest throughout the property and abundant biodiversity, Craigmill Forest Estate stands as a multifaceted investment opportunity ready for rejuvenation or redevelopment into residential units or renewable energy projects.

Interested in similar properties?

Get alerted when similar renovation and investment opportunities become available.

Investment analysis

(IV36 area)
Area Average
£198/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (IV36)

Area prices are rising by +3.8% over the last 12 months
3 year growth: +15.2%
5 year growth: +16.5%
Investment Disclaimer: Analysis based on IV36 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

Craigmill Forest Estate, Dallas IV36
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£21,723
Based on a loan of £4,312,500 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.

Stamp duty calculator

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

Price History

-20.7% since listed
£5,750,000£1,500,000(-20.7%)
04/07/2025
Current price
£7,250,000Initial listing
27/09/2024

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.