Worst House on the Street Logo
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

£59,995
Listed on 13/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This expansive building plot is situated in the charming village of Newmill, offering a unique opportunity for development in a tranquil setting. It has been granted full planning permission for the construction of three separate two-storey detached homes, each with an individual garage. The location benefits from proximity to the towns of Keith and Huntly, easily accessible via a short drive. Additionally, there's provision for a temporary residential caravan on-site during the construction phase, making this an ideal project for developers or investors looking to capitalize on the housing demand in this picturesque area. Mains electricity is available nearby, which simplifies utility connections.

Investment Analysis

(AB55 area)
Area Average
£149/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (AB55)

Area prices are falling by +7.8% over the last 12 months
3 year growth: -2.4%
5 year growth: 9.2%
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
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£220
Based on a loan of £44,996 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE