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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.

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£2,004 per month
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Stamp Duty tax
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£700
Mortgage and legal costs:
£999
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