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Plot 1, Castletown, Daviot - Image 1
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Plot 1, Castletown, Daviot

Scotland

£110,000

Listed on 25/03/2026

Property Details

Bedrooms
4
Type
Plot

Description

This property presents a valuable opportunity to acquire a substantial building plot set in a tranquil rural environment, offering breathtaking views of the surrounding countryside. Spanning 1673 square meters (0.413 acres), this site is primed for the construction of a residential dwelling, with the potential to design a bespoke home that meets your specifications. Currently, the plot contains derelict farm buildings, with plans allowing for the retention of two external walls as part of any new development. While the land is not yet serviced, electricity access is nearby, and provisions for water and drainage will involve installing septic tanks and boreholes. Planning permission has been granted for a one to one-and-a-half storey house, making it an appealing project for those eager to embrace countryside living while maintaining convenient commuting options to Inverness.

Investment Analysis

(IV2 area)
Area Average
£247/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
79
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (IV2)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +9.1%
5 year growth: +15.8%
Investment Disclaimer: Analysis based on IV2 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 1, Castletown, Daviot
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£392
Based on a loan of £82,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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