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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 21/06/2026

Property details

Bedrooms
N/A
Type
Land

Description

This property presents a promising development opportunity, featuring a detached house set within extensive garden grounds. Previous planning permission was granted for modifications and expansions of the current structure, including the establishment of a vehicular access point. Prospective buyers are encouraged to review these details on the Aberdeenshire Council website under reference app/2021/1913 and to verify that any desired changes can receive the necessary approvals. Access to the site is proposed from Shand Street; however, it’s advisable for potential purchasers to independently confirm this prior to acquisition. While essential services are believed to be in proximity, interested parties should conduct their own inquiries with service providers to ensure availability.

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Investment analysis

(AB44 area)
Area Average
£123/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
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
17%
Properties sold annually

Local Market Trend (AB44)

Area prices are falling by -11.8% over the last 12 months
3 year growth: -3.1%
5 year growth: -0.3%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£321
Based on a loan of £63,750 over 30 years at 4.45% 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.

Stamp duty calculator

This calculation uses non-residential (land/commercial) tax rates.

Next Steps

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