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Plot 1, Castletown, Daviot IV2 - Image 1
Plot 1, Castletown, Daviot IV2 - Image 2
Plot 1, Castletown, Daviot IV2 - Image 3

Plot 1, Castletown, Daviot IV2

Scotland

£110,000
Listed on 14/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This is a noteworthy opportunity to secure a building plot nestled in a tranquil rural area, offering breathtaking views of the surrounding countryside. Spanning approximately 1673 square meters (0.413 acres), this parcel of land provides ample space for constructing your ideal residential dwelling. The site includes existing derelict farm buildings, with plans indicating that two external walls may be retained, potentially serving as a unique feature or part of the new development. Currently, the plot lacks essential services; however, an electricity supply is accessible nearby. Water and drainage solutions would need to be implemented through a septic tank and borehole system. Notably, principal planning permission has already been granted for either a single or one-and-a-half storey home. Located in Castletown, Daviot, this site not only offers the charm of countryside living but also allows for convenient commuting to Inverness.

Investment Analysis

(IV36 area)
Area Average
£197/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
61%
Properties sold annually

Local Market Trend (IV36)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 10.0%
5 year growth: 16.7%
Investment Disclaimer: Analysis based on IV36 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

Plot 1, Castletown, Daviot IV2
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£403
Based on a loan of £82,500 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