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Grantown-On-Spey

Scotland

£180,000

Listed on 02/10/2026

The listing

Property details

Bedrooms
2
Type
Detached
Area
1076 sqft

Description

Easter Cotterton offers a unique opportunity to acquire a traditional one-and-a-half-storey stone and slate Highland cottage, nestled within a generous and mature wooded plot of approximately 0.32 acres just outside Grantown-on-Spey in the Cairngorms National Park. The property is in need of refurbishment and modernisation throughout, presenting buyers with a genuine blank canvas to create a bespoke country home tailored for family living or contemporary rural life. There is potential for extension, subject to obtaining the necessary consents. The ground floor features an entrance vestibule leading into an inner hallway, which connects to a dual-aspect sitting room complete with a fireplace. A spacious open-plan kitchen and dining area boasts a traditional stone inglenook hearth, while a large shower room completes the ground floor accommodation. Upstairs, the first-floor landing provides access to two double bedrooms with dormer windows and an additional box room or storage area. Externally, the cottage is surrounded by private, mature garden grounds framed by woodland trees, extending to around 0.4 acres. This natural setting includes areas of lawn, timber outbuildings, paved pathways, and mature trees that could be thinned to enhance the views towards the Cromdale Hills and Ben Rinnes. Positioned in a tranquil countryside setting yet within easy reach of local amenities in Grantown-on-Spey, Easter Cotterton holds great potential as a beautiful family home in the heart of the national park.

WHOTS analysis

Our WHOTS verdict

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

53out of 100
Grade DWeak opportunity

Confidence: MEDIUM

Easter Cotterton presents a promising opportunity to acquire a traditional Highland cottage in a tranquil setting, nestled within a generous plot of mature garden grounds. The asking price of £180,000 is notably cheap compared to the local average, making this a compelling entry point for buyers looking to modernise and enhance a property in the beautiful Cairngorms National Park. The cottage features a dual-aspect sitting room, a spacious shower room, and two double bedrooms with dormer windows, providing a solid framework for a custom country home that can be tailored to your preferences.

However, the renovation economics present a significant challenge. With an all-in cost estimated at £305,000, the investment is stretched compared to local benchmarks, which may limit the potential for profitable resale. The property requires a comprehensive refurbishment throughout, allowing for extensive personalisation but also necessitating careful planning and budgeting for the projected works. This is not a light project; buyers should be prepared for a full-gut renovation to realise the home's potential.

Key opportunities

  • A generous plot of 0.32 acres provides ample scope for landscaping and outdoor enhancements.
  • The traditional stone and slate construction offers character and potential for a custom design aligned with modern living needs.
  • The dual-aspect sitting room and open-plan kitchen and dining area create a flexible layout that can be tailored to family living.

Key risks

  • Stripped interiors and a £100,000–£150,000 works budget make this a full-gut programme, not a refresh.
  • Purchase plus works may take you to around £305,000 all-in — £125,000 of works on top of the asking price, leaving a gap of around 24% versus area norms for this sqft — current-condition benchmarks only, not after-works GDV.

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Map

Location

Grantown-On-Spey
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Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£680
Based on a loan of £135,000 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.

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