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Development Opportunity, 4 Shand Street, Macduff AB44 - Image 1
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Development Opportunity, 4 Shand Street, Macduff AB44

Scotland

£85,000
Listed on 22/03/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This detached property presents a significant development opportunity, featuring expansive garden grounds that enhance its potential. Previously granted planning permission allows for alterations and extensions to the current dwelling, as well as the possibility to establish a new vehicular access point. Interested parties should verify the current planning status and any requirements for building warrants directly with Aberdeenshire Council. Access to the site is proposed from Shand Street, and prospective buyers will need to ensure this arrangement meets their needs prior to purchase. While utility services are believed to be in close proximity, it remains essential for buyers to confirm details with relevant service providers before finalizing any commitments.

Investment Analysis

(AB44 area)
Area Average
£124/sq ft

Renovation Potential

Medium 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
4
Average per month
Market Turnover
54%
Properties sold annually

Local Market Trend (AB44)

Area prices are rising by +4.2% over the last 12 months
3 year growth: -0.5%
5 year growth: +7.6%
Investment Disclaimer: Analysis based on AB44 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

Development Opportunity, 4 Shand Street, Macduff AB44
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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
£307
Based on a loan of £63,750 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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