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Meft Road, Residential Develop Meft Road, Urquhart IV30 - Image 1
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Meft Road, Residential Develop Meft Road, Urquhart IV30

Scotland

£275,000

Listed on 11/03/2025

The listing

Property details

Bedrooms
—
Type
Land

Description

This residential development site presents an exciting opportunity to build up to 20 family homes in the charming village of Urquhart, just 6 miles from Elgin. Spanning approximately 1.42 hectares (3.50 acres), the property is strategically positioned on the northern edge of Urquhart, with direct access from Meft Road. Previously, full planning permission was granted for a portion of the site for 10 dwellings, which has now expired but serves as a solid foundation for future development prospects. The local development plan indicates that housing is encouraged in this area, allowing for an additional 10 homes in line with community needs. As essential services are accessible nearby, interested developers will need to confirm their capacities and connections. This location is ideal for investors seeking growth within a tranquil setting, while also enjoying easy commuting routes to both Aberdeen and Inverness.

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Map

Location

Meft Road, Residential Develop Meft Road, Urquhart IV30
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

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Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,039
Based on a loan of £206,250 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.

Tax

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

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