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£439,000

Birnie, Elgin, IV30

  • 4 beds
Other

£439,000

  • 4 beds
Other
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Estimate monthly mortgage payment:

£2,004 per month

Minimum deposit amount:

£21,950
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CCL is thrilled to present a unique development opportunity in the charming hamlet of Birnie, situated on the picturesque outskirts of Elgin. This property offers a blend of rural tranquillity and modern convenience, making it an ideal investment for developers or those seeking a spacious family home with additional development potential.

Property Overview:

Existing Residence: A spacious and well-maintained 4-bedroom house, offering generous family accommodation across two floors. Set on approximately 0.6 acres, the property provides ample space for outdoor activities and future enhancements.

Development Potential: The property comes with planning permission (Application 19/00061/APP) for the conversion of the former Birnie Inn, which was historically an old school, into two additional dwellings:

- A 4-bedroom house

- A 2-bedroom house

These planned conversions offer a tasteful and thoughtful design, perfect for holiday lets or permanent rentals or resales.

Location:

Nestled in a stunning rural setting, the property boasts breathtaking views of the surrounding countryside. Despite its peaceful location, it is conveniently located just a short drive from Elgin, a vibrant town offering a wide array of amenities including shops, supermarkets, banks, and healthcare facilities. Elgin also offers a variety of dining options, recreational facilities, and excellent schooling.

Investment Highlights:

Versatile Development Options: The existing planning permission allows for the development of two additional homes, providing significant potential for rental income or resale.

Prime Location: Enjoy the best of both worlds with a serene rural lifestyle and easy access to urban amenities in Elgin.

Historical Charm: The former Birnie Inn adds a unique historical element to the property, offering a distinctive character and appeal.

This is a rare opportunity to acquire a property with substantial development potential in a highly desirable location. Whether you are looking to expand your real estate portfolio or create a multi-generational family estate, this property offers endless possibilities. Don't miss out on this exceptional investment opportunity in Birnie, Elgin.



Planning Permission
Planning Reference19/00061/APP

Tenure
Scottish equivalent of freehold.

Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£700
Mortgage and legal costs:
£999
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