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Knaven, Peterhead, AB42

Scotland

£260,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1819 sqft

Description

This characterful three-bedroom farmhouse in rural Aberdeenshire presents an exceptional opportunity for those looking to invest in a renovation project. Occupying a generous plot with expansive countryside views, the property spans approximately 169m² and offers ample space for modernisation to transform it into a delightful family home. The layout includes a welcoming vestibule leading into a main hallway, access to all rooms, and features such as an old fireplace in the sitting room that could be restored for added charm. The kitchen is functional but ready for updates, with dual-aspect windows and integrated appliances. The bathroom offers essential amenities but could benefit from refurbishment to meet contemporary standards. Significant potential lies within the lounge and sunroom, accessible via double-glazed doors, both exhibiting great views of the garden. Upstairs, the principal bedroom boasts a bay window and built-in storage, while two additional bedrooms follow on with their own unique layouts. A well-maintained garden surrounds the property, providing privacy and outdoor space. An optional outbuilding requiring repair is also available for separate purchase, creating further scope for investment or personal use. Situated just southwest of Maud, this property combines peaceful rural living with accessibility to local amenities — ideal for creating your dream home amidst stunning natural beauty.

Investment Analysis

(AB42 area)

Below Market Value

This property is priced -1.5% below area average per sq ft

-1.5%
Potential saving
This Property
£143/sq ft
Area Average
£145/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£290,331
10% above area average per sq ft
Potential ROI
-14.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
452%
Properties sold annually

Local Market Trend (AB42)

Area prices are falling by +7.3% over the last 12 months
3 year growth: -7.6%
5 year growth: -3.6%
Investment Disclaimer: Analysis based on AB42 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

Knaven, Peterhead, AB42
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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
£952
Based on a loan of £195,000 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