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Luthermuir, Laurencekirk AB30 - Image 1
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Luthermuir, Laurencekirk AB30

Scotland

£80,000
Listed on 13/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a rare opportunity for developers looking to invest in a serviced building plot with outline planning permission for two detached residential homes. Located just east of the village of Luthermuir and conveniently positioned between Laurencekirk and Montrose, this site benefits from picturesque rural surroundings characterized by beautiful countryside views extending towards the Cairn O’ Mount. The region is ideal for family activities, offering ample walking paths, including access to nearby Inglismaldie Woods, while remaining close to essential amenities across several local towns such as Laurencekirk and Brechin. The site spans approximately 2400 m2, divided into two plots—Plot 1 measuring around 1435 m2 and Plot 2 at approximately 949 m2—both equipped with private parking options and gardens. Given that outline planning was granted in September 2023 (Aberdeenshire Council Planning Reference: App/2022/1652), potential buyers have the flexibility to adjust designs based on their vision. An existing storage shed is also available onsite which can serve various purposes during development. This is an excellent chance for savvy investors or builders keen to take advantage of the growing demand for housing in this desirable area.

Investment Analysis

(AB30 area)
Area Average
£187/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
72%
Properties sold annually

Local Market Trend (AB30)

Area prices are stable by +1.2% over the last 12 months
3 year growth: -1.2%
5 year growth: 10.6%
Investment Disclaimer: Analysis based on AB30 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

Luthermuir, Laurencekirk AB30
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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
£293
Based on a loan of £60,000 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