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Castle Farm, Rosehearty, Fraserburgh, AB43 7NU - Image 1
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Castle Farm, Rosehearty, Fraserburgh, AB43 7NU

Scotland

£180,000
Listed on 21/04/2024

Property Details

Bedrooms
4
Type
Detached house

Description

Nestled along a picturesque, tree-lined access track, this property offers a unique opportunity for renovation and investment within the historic landscape of Pitsligo Castle. The site overlooks the charming fishing village of Rosehearty, located on the scenic Aberdeenshire coastline adjacent to the Moray Firth. Spanning an impressive 1.20 acres, including an additional 0.7-acre grass paddock, this generous plot presents the ideal canvas for a dream home or multiple dwellings. With full planning permission and a building warrant already in place for a substantial modern four-bedroom family residence featuring an integral garage, prospective buyers can visualize their future living space designed with both functionality and style in mind. The approved plans emphasize spacious family areas complemented by large windows that frame captivating views of Rosehearty and the surrounding countryside. The groundwork has been laid for immediate development; previous demolitions have cleared the site, with granite and stone materials from the former steading included in the sale. Essential utilities, such as mains water and electricity, are already available on-site for seamless connection, allowing construction to commence quickly upon acquisition. Historically significant Pitsligo Castle adds to the allure of this location. Originally constructed in 1424, it has seen various phases of development over centuries and remains a notable landmark within the area. Furthermore, prior planning permissions for three separate dwellings indicate potential versatility in future property projects. Rosehearty itself is steeped in maritime history dating back to its establishment as one of Scotland’s earliest seaports. The village maintains its charm with modern amenities including a primary school, local shops, recreational parks, and access to beautiful sandy beaches. Investors will appreciate not only this property's remarkable setting but also its potential for growth in a developing community. This opportunity allows you to create not just a home but a legacy within one of Scotland's rich coastal landscapes.

Investment Analysis

(AB43 area)
Area Average
£116/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
108%
Properties sold annually

Local Market Trend (AB43)

Area prices are rising by +2.9% over the last 12 months
3 year growth: 11.3%
5 year growth: 9.6%
Investment Disclaimer: Analysis based on AB43 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

Castle Farm, Rosehearty, Fraserburgh, AB43 7NU
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £135,000 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