Land NE Of Achadh Nan Geadh, Isle of Colonsay, Argyll and Bute, PA61
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Land NE Of Achadh Nan Geadh, Isle of Colonsay, Argyll and Bute, PA61

By Bell Ingram

£ 70,000

Reviews

2 out of 5 stars

Bell Ingram says ..

An exciting opportunity to acquire a development plot located in Kilchattan on the Isle of Colonsay, a site extending to approximately 0.24 acres and benefitting from planning permission for the development of a single residential dwelling.

Property Oracle says ..

This listing presents a development plot of approximately 0.24 acres on the Isle of Colonsay. The land is situated near Kilchattan, offering scenic views of the surrounding landscape as shown in the attached pictures. The property benefits from planning permission for a single residential dwelling. The remote location on Colonsay provides a tranquil environment, ideal for those seeking seclusion and nature. However, this isolation also means a distance from essential amenities, such as schools, shops, and public transportation. The absence of existing structures means that a significant investment will be needed to build on the plot. Given that information regarding square footage and existing structures are not available a definitive assessment of price per square foot is not possible. The price of £70,000 should be assessed in context of the remote location, significant investment for development, and the potential appeal to buyers seeking rural living on the island. Nearby property prices show some variation, with one property in Scalasaig priced considerably higher which likely reflects its proximity to the village. The overall value requires careful consideration of personal preferences and financial capabilities in view of the remote location and associated development costs.

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
5
Location
3
Land
7
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
283,333.00 £
Decreased by 37.45 %
from 452,952.00 £
Average area rental value
1,195.00 £/mo
Decreased by 32.68 %
from 1,775.00 £/mo
Est rental Yield
5.06 %
Increased by 7.66 %
from 4.70 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Bell Ingram created the listing.

Images

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Nearby Listings

AddressPriceTypeScoreDistance
Land NE Of Achadh Nan Geadh, Isle of Colonsay, Argyll and Bute, PA61 £ 70,000BUY5 / 100.00 KM
Fada House, Upper Kilchattan, Isle Of Colonsay, PA61 7YR £ 390,000BUY6 / 100.30 KM