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Parkfoot, Mulben, Keith AB55

Scotland

£90,000
Listed on 13/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This building plot offers a unique opportunity for investment in a scenic rural setting, complete with full planning permission to construct a 1.5-storey, four-bedroom detached house. The site spans approximately 35 meters in width and 40 meters in depth, providing ample space for development. Additional land can also be purchased if desired, making it ideal for equestrian projects or smallholdings. Located within a short drive from Fochabers village and Keith town, residents will have access to essential amenities including primary and secondary schools. The infrastructure is convenient, with nearby services such as private water sources; however, electric and drainage installations will need to be arranged by the purchaser. The site has been confirmed as likely exempt from low-cost housing contributions, providing further financial flexibility for developers. Full details of the approved plans can be accessed through the Moray Council’s website using the planning application number: 24/01316/app.

Investment Analysis

(AB55 area)
Area Average
£149/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (AB55)

Area prices are falling by +7.8% over the last 12 months
3 year growth: -2.4%
5 year growth: 9.2%
Investment Disclaimer: Analysis based on AB55 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

Parkfoot, Mulben, Keith AB55
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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
£330
Based on a loan of £67,500 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