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Neuk, Ellon, AB41

Scotland

£200,000

Listed on 11/07/2026

Property details

Bedrooms
2
Type
Bungalow
Area
1249 sqft

Description

This distinctive detached bungalow is nestled within an expansive mature plot of approximately 2.98 acres, presenting an exceptional opportunity for buyers keen on a property with renovation potential. With its solid traditional structure, bright interiors, and extensive outbuildings, this home serves as the perfect canvas for those looking to craft their ideal rural retreat. Each main area boasts ample scope for modernisation, providing a unique chance to create personalised living spaces. The spacious kitchen invites a contemporary redesign and could be transformed into an open-plan layout that enhances social interactions. Adjacent to the kitchen, the dining area offers built-in seating and warmth, ideal for reimagining family meals. The lounge features charming exposed beams and dual aspect windows, flooding the space with natural light while maintaining its character – an excellent setting for modern updates. The existing bathroom is functional yet straightforward to upgrade, allowing for the introduction of contemporary fixtures that reflect personal taste. Both double bedrooms offer fitted storage and garden views, ready to be tailored to individual preferences. A versatile third bedroom currently functions as a home office but can easily adapt to various needs - whether as an additional bedroom or hobby space. The utility room presents practical features along with opportunities for reconfiguration. The property's outbuildings include a sizable garage and workshop complex comprising traditional stone construction and a timber unit with vehicle access; these spaces are ideal for tradespeople or hobbyists requiring extra workspace or storage solutions. Surrounded by lush gardens dotted with mature trees and natural privacy screens, this outdoor area has significant landscaping potential — perfect for creating inviting seating areas or further development (subject to permissions). Driveway parking complements easy access to the expansive garage/workshop setup. Located in a tranquil rural setting in Scotland, near towns like Ellon and Turriff, this property balances peaceful country living with convenient access to local amenities, schooling options, and transport links.

Investment analysis

(AB41 area)

Below Market Value

This property is priced -18.1% below area average per sq ft

-18.1%
Potential saving
This Property
£160/sq ft
Area Average
£196/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£268,597
10% above area average per sq ft
Potential ROI
-7.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
92%
Properties sold annually

Local Market Trend (AB41)

Area prices are rising by +4.4% over the last 12 months
3 year growth: -3.4%
5 year growth: +2.1%
Investment Disclaimer: Analysis based on AB41 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

Neuk, Ellon, AB41
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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
£756
Based on a loan of £150,000 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

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