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Luthermuir, Laurencekirk AB30 - Image 1
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Luthermuir, Laurencekirk AB30

Scotland

£80,000
Listed on 22/03/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This is a promising development opportunity situated in a serene rural setting on the outskirts of Aberdeenshire and Angus. The site, which spans approximately 2400 m2, comes with outline planning permission for the construction of two detached residential properties, each able to incorporate private parking, gardens, and potential garage space. Nestled conveniently between Laurencekirk and Montrose, residents will enjoy picturesque views across the Mearns region as well as easy access to local amenities, schools, and outdoor recreational areas like Inglismaldie Woods. The current layout allows flexibility for alterations to suit individual preferences before finalizing builds. An existing storage shed on-site can serve multiple purposes during the construction phase. With the recent planning approval obtained in September 2023 (Aberdeenshire Council Planning Reference: App/2022/1652), this property represents an ideal investment for developers looking to create distinctive homes in a desirable location.

Investment Analysis

(AB30 area)
Area Average
£190/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
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
633%
Properties sold annually

Local Market Trend (AB30)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -3.1%
5 year growth: +7.6%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£289
Based on a loan of £60,000 over 30 years at 4.06% 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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