Edwin Thompson says ..

Property Oracle says ..

This listing is for a building plot in Ayton, Scottish Borders, with planning permission for a four-bedroom detached house. The plot itself appears sizable, as evidenced by aerial imagery, offering potential for a substantial garden. The images of a similar recently completed property on an adjacent plot offer a strong visual representation of the potential outcome. The plot’s location in Ayton, while lacking detailed information on immediate amenities, places it in a desirable area within the Scottish Borders region. The £120,000 list price needs further contextualisation through comparison with the price per sqft of comparable properties. However, considering the lack of this data, along with the inclusion of planning permission and the seemingly large plot size, the price appears reasonable. It should be noted that the final cost of the property will vary, depending on the choice of building materials, the final size of the completed property, and labour costs. Overall, this listing presents a promising investment opportunity for someone looking to build a new home in a picturesque and desirable Scottish village. Further investigation would be required into precise details of plot size, local services and school quality. The lack of information on building costs is a key factor in assessing the financial viability of the project.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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