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., Ballindalloch, AB37 - Image 1
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., Ballindalloch, AB37

Scotland

£165,000

Listed on 18/09/2026

The listing

Property details

Bedrooms
3
Type
Bungalow
Area
1296 sqft

Description

Heatherlea Cottage is a charming three-bedroom stone-and-slate property set on approximately 0.4 acres in the tranquil rural community of Auchnarrow, near Ballindalloch. This traditional cottage presents a unique opportunity for buyers looking to invest in a characterful country home that requires refurbishment and modernisation. With a total area of around 120 m² (1,296 sq. ft.), including an adjoining former steading, there is significant potential to reconfigure or extend the existing accommodation, subject to necessary permissions. The property features a welcoming porch leading into a well-proportioned kitchen equipped with timber-fronted units, contrasting work surfaces, and space for additional appliances. A central hallway connects to the comfortable lounge, which boasts exposed ceiling beams, timber wall panelling, and a stone fireplace with an open fire. Accommodating three bedrooms—two doubles and a single—this home also includes a bathroom fitted with essential amenities. Additional storage is available through hallway cupboards and a floored loft accessed by a Ramsay ladder. The property benefits from oil-fired central heating, with a Grant boiler installed approximately two years ago. The substantial former steading, measuring approximately 10.10 m by 4.50 m, offers excellent storage and workshop space, with potential for conversion into living space or other uses, pending appropriate approvals. The grounds feature extensive lawned areas, mature trees, and off-road parking, all enjoying picturesque views of the surrounding hills and countryside. A former pond could be restored as an attractive garden feature. Situated within the scenic Glenlivet and Speyside countryside, Heatherlea Cottage is surrounded by opportunities for outdoor recreation and is conveniently located near Tomintoul for everyday amenities. This property represents a rare chance to acquire a traditional rural home with extensive grounds and significant scope for improvement, appealing particularly to those looking to create a distinctive lifestyle property in an exceptionally attractive setting.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

59out of 100
Grade DWeak opportunity

Confidence: LOW

Heatherlea Cottage presents an intriguing opportunity for buyers looking to invest in a characterful country home with substantial potential. With an asking price of £165,000, this property stands out as exceptionally cheap at £127/sqf compared to the local average of £195/sqf, offering a great entry point for those eager to acquire and enhance a traditional stone-and-slate cottage in the tranquil setting of Auchnarrow.

While the interior is dated and requires significant refurbishment, the existing layout provides a solid foundation for modernisation. The cottage features appealing characteristics, such as exposed beams and a stone fireplace in the lounge, alongside a well-proportioned kitchen with extensive cabinetry. Additionally, the adjoining former steading offers further potential for reconfiguration or conversion, making this a compelling project for the right buyer. Overall, the combination of a low purchase price and the scope for improvement makes Heatherlea Cottage a noteworthy consideration for those willing to undertake a medium-scale renovation.

Key opportunities

  • Substantial former steading offers potential for conversion or incorporation into the cottage.
  • Opportunity to modernise and reconfigure the existing layout to enhance living space.
  • Extensive grounds provide a beautiful outdoor setting and potential for landscaping.

Key risks

  • Requires significant refurbishment throughout.
  • Potential planning challenges for any proposed changes or extensions.

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Map

Location

., Ballindalloch, AB37
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£623
Based on a loan of £123,750 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.

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