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Hill Street, Newmill, Keith, Aberdeenshire AB55 - Image 1
Hill Street, Newmill, Keith, Aberdeenshire AB55 - Image 2
Hill Street, Newmill, Keith, Aberdeenshire AB55 - Image 3

Hill Street, Newmill, Keith, Aberdeenshire AB55

Scotland

£49,995
Listed on 12/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This expansive building plot offers a rare opportunity for development in the charming village of Newmill, with convenient access to the nearby towns of Keith and Huntly. Nestled on a quiet public road close to the village centre, this site comes with full planning permission for the construction of three detached two-storey houses, each with an attached garage. Additionally, there is provision for a temporary residential caravan during the construction phase, providing flexibility for developers. The proximity to essential services, such as mains electricity, further enhances its appeal for prospective investors or builders looking to capitalize on this attractive location. Each plot can also be sold individually if preferred. This presents an ideal chance to create desirable homes in a picturesque setting.

Investment Analysis

(AB55 area)
Area Average
£145/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
119%
Properties sold annually

Local Market Trend (AB55)

Area prices are falling by +2.1% over the last 12 months
3 year growth: -2.2%
5 year growth: 9.6%
Investment Disclaimer: Analysis based on AB55 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

Hill Street, Newmill, Keith, Aberdeenshire AB55
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£183
Based on a loan of £37,496 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE