Reay, Thurso

Pollard Property says ..

A great opportunity to purchase a plot in the heart of Reay. Approximately 11 miles from Thurso and on a bus route and close to amenities that include a primary school and golf course. This plot is a 15 minute drive to Sandside Beach. Pollard Property offer self build mortgage advice and wel...

Property Oracle says ..

This listing is for a plot of land located in Reay, a village in Caithness and Sutherland, Scotland. The property is offered at £35,000. Given the lack of detailed information regarding the plot’s exact square footage and the absence of nearby property data other than a few nearby similar plots of land, a comprehensive evaluation is challenging. However, we can still establish a general property analysis based on the information provided.

The location of the plot in Reay offers a relatively quiet and rural lifestyle. The proximity to a primary school and a golf course suggests some local amenities. However, the remoteness from larger towns or cities would likely require reliance on personal transport for more extensive shopping and travel. Further information about transport links and other essential amenities would significantly help in fully determining location quality.

The plot’s size appears substantial according to the images, suggesting potential for a considerable development. However, without a precise measurement in square feet, a conclusive determination of its value relative to similar land parcels remains difficult. The absence of any buildings or structures means there’s no existing condition to assess. A significant advantage is that the plot already has planning permission in principle for building, which significantly reduces the time and potential issues of obtaining this.

The price of £35,000 seems somewhat reasonable given comparable sales in the area and the size of the land. However, this is just a general impression based on comparisons to similar land sales in the area. A precise cost per square foot analysis would need accurate measurement information.

Overall, the property appears a potentially attractive option for self-builders or those seeking to develop in a quiet, rural setting. However, potential buyers should undertake their own thorough research and due diligence before committing to a purchase, to ensure they understand the implications of the location in the far North of Scotland in terms of transportation and accessibility to amenities, and to independently verify the plot size and value.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
1
Location
4
Land
6
Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
100,833.00 £
Decreased by 30.42 %
from 144,919.00 £
Average area rental value
877.00 £/mo
Increased by 4.40 %
from 840.00 £/mo
Est rental Yield
10.44 %
Increased by 50.00 %
from 6.96 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Pollard Property created the listing.

Images

Photo 5 Photo 2 Photo 4 Photo 3

Nearby Streets

NameAverage PriceAverage SqftDistance
The Terrace £ 000.00 KM
Beinn Ratha Court £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Reay, Thurso £ 37,000BUY6 / 100.00 KM
Reay, Thurso £ 35,000BUY4 / 100.00 KM
Reay, Thurso, Highland. KW14 7RL £ 220,000BUY5 / 100.66 KM