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Thornton, Keith AB55

Scotland

£39,950
Listed on 08/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This spacious house site at Cosy Neuk in Thornton, Grange, offers a unique opportunity for renovation or redevelopment. The plot spans approximately 0.49 acres and is situated in a tranquil location with picturesque views of the surrounding countryside, just 3 miles from the town of Keith. Previously granted full planning permission in 2009 for a 1½ storey dwelling with three bedrooms—two of which feature en-suite bathrooms—the site has significant potential for those looking to create their ideal home. While the original planning permission has lapsed, there is optimism regarding its renewal by Moray Council, and prospective buyers can submit their own application for approval. The seller has already established an access road and layby in accordance with the previous plans, facilitating an easier transition into development. The area boasts several amenities that enhance its appeal as an investment locale. Located merely 3 miles from Keith, the property benefits from proximity to primary and secondary schools, ensuring educational access for families. Keith itself is known as the "Friendly Town," strategically positioned about 50 miles from both Aberdeen and Inverness—each offering air travel options—and well-served by regular bus and rail connections. Essential utilities are available nearby, including electricity on site while mains water and telephone services can be accessed with relative ease. Buyers should conduct their own inquiries to understand connection costs for these services. Once constructed, this property promises generous living spaces. The proposed layout includes a welcoming entrance vestibule that leads to a lounge and sun lounge, alongside practical areas such as a utility room and kitchen adjacent to the dining room. The upper level would feature two well-proportioned bedrooms with en-suites. In addition to ample living space within the planned dwelling, the plot allows for outdoor features including a double garage and plenty of room for gardening and off-road parking. This presents a valuable opportunity not only to create a spacious home but also to invest in an expanding community with numerous local facilities.

Investment Analysis

(AB55 area)
Area Average
£149/sq ft

Renovation Potential

Est. Renovation Cost
£3,995 - £9,988
10-25% of property value
Monthly Sales
12
Average per month
Market Turnover
75%
Properties sold annually

Local Market Trend (AB55)

Area prices are falling by +10.7% over the last 12 months
3 year growth: 1.3%
5 year growth: 12.2%
Investment Disclaimer: Analysis based on AB55 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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
Map showing location of Thornton, Keith AB55
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