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Thornton, Keith AB55

Scotland

£39,950
Listed on 13/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This generously sized plot at Cosy Neuk in Thornton, Grange, presents a unique investment opportunity. Spanning approximately 0.49 acres, the site benefits from a tranquil countryside location with picturesque views, while being conveniently situated just 3 miles from Keith. Previously granted full planning permission in 2009 for a spacious 1½ storey home featuring three bedrooms (two with en-suites), multiple living areas including a lounge and dining room, as well as a double garage, the planning has now lapsed but can potentially be renewed with Moray Council upon application by the new owner. The groundwork for access has already been laid out according to the initial plans, setting a solid foundation for future construction. Electricity is already onsite, and mains water and telephone connections are within reach; however, private drainage will need to be arranged by interested parties. This property offers substantial potential for development into a desirable family home or an attractive investment.

Investment Analysis

(AB55 area)
Area Average
£149/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
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

Thornton, Keith AB55
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£146
Based on a loan of £29,962 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