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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
N/A
Type
Plot

Description

This is a unique opportunity to purchase a substantial building plot set in a tranquil rural landscape, boasting picturesque views over the surrounding countryside. The site extends to 1673 square meters (approximately 0.413 acres) and comes with approved principal planning permission for the construction of a residential dwelling up to one and a half storeys. Currently, the property features derelict farm structures, of which two external walls can be preserved during development, potentially reducing demolition costs. While the plot is unserviced, nearby access to electrical supply presents an advantageous starting point for future infrastructure enhancements. Water and drainage solutions would rely on installing a septic tank and borehole system. This location in Castletown, Daviot, offers the perfect blend of serene countryside living while being conveniently close to Inverness for commuting.

Investment Analysis

(IV2 area)
Area Average
£246/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
86
Average per month
Market Turnover
100%
Properties sold annually

Local Market Trend (IV2)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +10.4%
5 year growth: +16.0%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£397
Based on a loan of £82,500 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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