Plot, Ard Na Caol, Ardgay, Sutherland, IV24 3DJ
MA

Plot, Ard Na Caol, Ardgay, Sutherland, IV24 3DJ

By MacKenzie & Cormack

£ 60,000

Reviews

2 out of 5 stars

MacKenzie & Cormack says ..

HIGHLAND VILLAGE! Substantial house plot of 990m² with views over the Kyle of Sutherland. Detailed PP for a det 3-bed bungalow granted on 21/6/23 under Ref: 23/01885/FUL. Please see Highland Council ePlanning site for details. Ground floor footprint 168sqm. Highland village location close to walks.

Property Oracle says ..

This listing presents a development opportunity in the village of Ardgay, Sutherland, Scotland. The property is a plot of land measuring 990m², boasting views of the Kyle of Sutherland. Planning permission has already been granted for a three-bedroom bungalow (Ref: 23/01885/FUL on the Highland Council ePlanning site). The land itself, as shown in the provided photographs, is largely undeveloped, with overgrown vegetation and some gravel areas. This will necessitate significant groundwork before construction can commence. The proximity to the A836 road and Ardgay train station provides reasonable transport links. However, there is no immediate mention of schools or other amenities in close proximity. The listing price of £60,000 presents a potentially attractive option for those seeking to develop a property in a picturesque Highland location. However, prospective buyers should carefully consider the costs associated with site preparation, construction, and other development expenses before committing to the purchase. A detailed review of the granted planning permission and a professional site survey are highly recommended to accurately assess the feasibility and total cost of the project. The current state of the land suggests a significant investment will be required beyond the purchase price, and there’s an inherent risk involved in developing a property. The lack of pre-existing structures or finished product means purchasers are investing in a potential future property.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
2
Location
7
Land
8
Bedrooms
0
Bathrooms
2
Sqft (est)
1,471.00

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 £
Est sale value
186,817.00 £
Decreased by 52.96 %
from 397,170.00 £
Average area rental value
877.00 £/mo
Increased by 4.40 %
from 840.00 £/mo
Est letting value
1,471.00 £/mo
Unchanged by 0.00 %
from 1,471.00 £/mo
Est rental Yield
10.44 %
Increased by 50.00 %
from 6.96 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • MacKenzie & Cormack created the listing.

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Ardgay Hill £ 000.00 KM
Oykel Place £ 125,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Ardgay8613ARD0.33 KM
Culrain8625CUA6.62 KM
Invershin8614INH6.68 KM

Nearby Listings

AddressPriceTypeScoreDistance
A836, Ardgay, IV24 3DH £ 125,000BUY6 / 100.32 KM
Ardgay Hill, Ardgay, IV24 3DH £ 170,000BUY6 / 100.51 KM
Ivy Cottage, Ardgay, Sutherland IV24 3BG £ 440,000BUY6 / 100.52 KM
Ivy Cottage, Ardgay, Sutherland IV24 3BG £ 399,000BUY7 / 100.53 KM
Arkaig, Ardgay, Ross-Shire IV24 3BG £ 180,000BUYUnknown0.56 KM