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Lumsden, Huntly, AB54

Scotland

£130,000
Listed on 03/11/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a remarkable opportunity for those looking to invest or develop in a serene rural setting. Spanning approximately 1 acre, the fully serviced site boasts full planning permission for a three-bedroom detached home. The groundwork is already laid with essential services available on-site, enabling immediate commencement of construction. A standout feature of the property is the two-storey double garage, which comes equipped with power and lighting—ideal for storage of materials and tools during your project. Additionally, there’s a static caravan on-site that can provide temporary accommodation or additional utility space during the building process. The recently installed sewerage system with treatment plant further enhances the site's readiness for development. Located in the quaint village of Lumsden, the property benefits from its proximity to Alford, just 15 minutes away, and Huntly, which is about 20 minutes distant. This location is not only peaceful but also conveniently near Cairngorm National Park, providing an array of outdoor activities and picturesque landscapes right at your doorstep. The village itself has a vibrant community spirit, featuring a local shop and a well-regarded primary school. For secondary education needs, Alford offers free transport options. Investors will appreciate the dual access to the plot, ensuring ease of entry for construction vehicles or future residents alike. With growing interest in rural properties and lifestyle changes leading many to seek homes outside urban centers, this site represents both a solid investment opportunity and a chance to craft your ideal residence in an appealing location.

Investment Analysis

(AB54 area)
Area Average
£160/sq ft

Renovation Potential

Medium 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
12
Average per month
Market Turnover
75%
Properties sold annually

Local Market Trend (AB54)

Area prices are falling by +9.3% over the last 12 months
3 year growth: -6.9%
5 year growth: 4.5%
Investment Disclaimer: Analysis based on AB54 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

Lumsden, Huntly, AB54
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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
£476
Based on a loan of £97,500 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