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Crookmore Steading, Montgarrie, AB33

Scotland

£75,000
Listed on 09/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Set amidst serene rural landscapes between Alford and Keig, this property represents a compelling investment opportunity. The site features substantial farm buildings that come with approved planning permission to transform them into three distinctive residential homes. Prospective buyers can easily access the detailed plans and additional information through the Aberdeenshire Planning website using reference App/2024/2089. The surrounding countryside offers not just picturesque views but also a tranquil living environment, making it an appealing location for future homeowners. With the growing demand for quality housing in rural areas, this property has significant potential for appreciation once developed. Additionally, acquiring the entire development as a package may present advantageous investment possibilities.

Investment Analysis

(AB33 area)
Area Average
£188/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.
Market Turnover
%
Properties sold annually

Local Market Trend (AB33)

Area prices are rising by +7.6% over the last 12 months
3 year growth: -3.8%
5 year growth: +9.6%
Investment Disclaimer: Analysis based on AB33 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

Crookmore Steading, Montgarrie, AB33
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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
£270
Based on a loan of £56,250 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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