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Plot Tomnabat Lane, Tomintoul, Ballindalloch, Moray. AB37 9EZ - Image 1
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Plot Tomnabat Lane, Tomintoul, Ballindalloch, Moray. AB37 9EZ

Scotland

£80,000
Listed on 06/12/2023

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique investment opportunity in the picturesque village of Tomintoul, located within the renowned Cairngorm National Park. Nestled along an established residential lane, the mostly level plot is bordered by a fence and offers convenient access from Tomnabat Lane, with essential services available nearby. The site has been granted detailed planning permission for two distinct developments: either a detached dwelling house complete with a garage or two semi-detached houses. Notably, the approval for the detached home was secured in 2016, and since initial work has begun, there are no time constraints on construction. Furthermore, planning permission for constructing the two semi-detached houses was approved in June 2023, indicating recent interest and confidence in local development potential. Tomintoul is celebrated as the highest village in the Highlands at an elevation of 1165 ft (350 m), serving as a gateway to outdoor adventures within the breathtaking landscapes of the Cairngorms. The village is well-equipped with local amenities including B&Bs, a post office, general stores, art studios, and craft shops. Notably, it hosts its own distillery known for producing "The Largest Bottle of Scotch Whisky in The World," amplifying its appeal to both residents and visitors alike. Outdoor enthusiasts will appreciate the surrounding mountain ranges which offer stunning views and varied activities such as hiking, wildlife watching, and fishing in the nearby River Avon. The Lecht Ski Centre provides winter sports opportunities and summer activities like quad biking. Local education is accessible through Tomintoul Primary School, while secondary education options are available at Speyside High School in Aberlour. The property benefits from excellent connectivity via road routes like the A939, facilitating travel to major hubs such as Aberdeen and Inverness. Public transport includes regular bus services that enhance accessibility to neighboring towns, while Aviemore railway station—approximately 27 miles away—links to significant cities across the UK. Essential utilities including water, electricity, and drainage are situated close by on the lane. As this property transitions to new ownership, it represents not only a chance to build personal residence but also a promising avenue for residential development in an area poised for growth.

Investment Analysis

(AB37 area)
Area Average
£200/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (AB37)

Area prices are falling by +100.0% over the last 12 months
3 year growth: -100.0%
Investment Disclaimer: Analysis based on AB37 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

Plot Tomnabat Lane, Tomintoul, Ballindalloch, Moray. AB37 9EZ
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£293
Based on a loan of £60,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE