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Mid Street, Cairnbulg, AB43 - Image 1
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Mid Street, Cairnbulg, AB43

Scotland

£80,000
Listed on 22/04/2025

Property Details

Bedrooms
3
Type
Detached house
Area
979 sqft

Description

This 3-bedroom coastal home presents an exciting opportunity for renovation and investment in the village of Cairnbulg, located just a short distance from the sea and near Fraserburgh. With its current state stripped to the essentials, this property invites you to reimagine its layout and design, making it an ideal candidate for those looking to craft a tailored living space or consider it as a vacation rental. The structure is primed for transformation, with existing planning permission that allows for significant enhancements. Approved plans include the addition of dormer windows on the upper floor, enabling more natural light and additional space. The proposed interior reconfiguration also includes two en-suite bathrooms, catering to modern lifestyle needs while enhancing comfort for families or guests. Situated close to beautiful beaches and scenic walking paths, this property not only offers a chance to create a unique home but also holds strong potential as a high-yield rental or stylish holiday let. Its location in a serene coastal area adds further appeal, making it a strategic investment opportunity. Overall, this property embodies the promise of revitalization and personal expression, providing a rare chance to shape a distinctive residence in a desirable location.

Investment Analysis

(AB43 area)

Below Market Value

This property is priced -31.0% below area average per sq ft

-31.0%
Potential saving
This Property
£82/sq ft
Area Average
£118/sq ft

Renovation Potential

Est. Renovation Cost
£8,000 - £20,000
10-25% of property value
Target Value
£127,559
10% above area average per sq ft
Potential ROI
+27.6%
After renovation
Monthly Sales
28
Average per month
Market Turnover
102%
Properties sold annually

Local Market Trend (AB43)

Area prices are stable by +1.6% over the last 12 months
3 year growth: 6.4%
5 year growth: 8.6%
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

Mid Street, Cairnbulg, AB43
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