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Riverbank Road, Conon Bridge - Image 1
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Riverbank Road, Conon Bridge

Scotland

£150,000

Listed on 30/06/2026

Property details

Bedrooms
N/A
Type
Plot

Description

This building plot comes with full planning permission for the construction of three two-bedroom bungalows, with the potential for a fourth bungalow subject to obtaining additional planning consent. The current design is well-suited for elderly residents, given its proximity to essential amenities such as bus stops, shops, and pharmacies within a short walk from the High Street. Notably, the engineered roof pitch of 40 degrees allows for possible expansion into usable loft spaces, providing options for additional bedrooms and bathrooms if planning adjustments are made. The site also has the advantage of space behind to accommodate a potential fourth bungalow along with designated parking. Connections to gas, water, and sewage from the nearby mains are feasible, enhancing the development's viability. This plot presents a promising opportunity for investors looking to capitalize on residential development in a convenient location.

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Investment analysis

(IV7 area)
Area Average
£210/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (IV7)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +2.2%
5 year growth: +16.7%
Investment Disclaimer: Analysis based on IV7 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

Riverbank Road, Conon Bridge
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£567
Based on a loan of £112,500 over 30 years at 4.45% 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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