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Forestmill, Alloa FK10 - Image 1
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Forestmill, Alloa FK10

Scotland

£145,000
Listed on 13/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This expansive plot located in Forestmill presents a promising investment opportunity with granted Planning Permission in Principle for up to two residential dwellings. The site encompasses approximately 1272sqm of brownfield land that was once an operations yard, now waiting for redevelopment. The potential layout indicates the possibility of constructing semi-detached homes with a maximum footprint of 246sqm for two storeys. The existing site features access roads and rough concrete, surrounded by unkempt vegetation and some trees, which may require clearing and landscaping to prepare for construction. The location benefits from its proximity to picturesque woodland and recreational areas, making it an attractive spot for families or individuals seeking a rural lifestyle while remaining accessible to nearby towns. With essential amenities within a short drive and excellent transport links to cities such as Glasgow and Edinburgh, this site stands as an ideal candidate for developers looking to capitalize on the growing demand for housing in Scotland's countryside.

Investment Analysis

(FK10 area)
Area Average
£175/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
71%
Properties sold annually

Local Market Trend (FK10)

Area prices are rising by +13.4% over the last 12 months
3 year growth: 16.5%
5 year growth: 31.1%
Investment Disclaimer: Analysis based on FK10 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

Forestmill, Alloa FK10
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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
£531
Based on a loan of £108,750 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