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Distillery Cottages, Keith, AB55

Scotland

£125,000
Listed on 29/03/2023

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Situated in a semi-rural setting, this property offers the charm of countryside living while remaining conveniently close to the amenities of Keith. Residents can easily access supermarket shopping, local businesses, and educational facilities for both primary and secondary levels, along with various recreational options that the town provides. The large lounge serves as a welcoming space filled with natural light from expansive windows, creating an inviting atmosphere. The kitchen is equipped with several cabinetry units and generous worktop space, accompanied by built-in appliances and wooden flooring that adds character. The family bathroom is functional as it stands but presents an opportunity for modernization; currently featuring a WC, wash-hand basin, and a shower over the bath enclosed by a glass screen. Upstairs, you'll find three well-proportioned double bedrooms, each designed with built-in storage to optimize space. Additional storage is available on the landing, making it practical for everyday needs. The property features a driveway at the front that accommodates multiple vehicles, enhancing its appeal for families or investors looking towards rental potential. At the rear lies a compact garden area, which could be transformed into an outdoor retreat or utilized for various landscaping projects. With vacant possession available, this residence holds significant renovation potential for those looking to add value through updates or reconfiguration of the existing layout.

Investment Analysis

(AB55 area)
Area Average
£150/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
57%
Properties sold annually

Local Market Trend (AB55)

Area prices are stable by +1.3% over the last 12 months
3 year growth: 0.1%
5 year growth: 14.6%
Investment Disclaimer: Analysis based on AB55 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

Distillery Cottages, Keith, AB55
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£451
Based on a loan of £93,750 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.

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