Detached bungalow for sale in Nethermill Steading, Glenkindie, Alford AB33

• Prime Property Auctions is excited to bring to market this 0.50 Acres with Steading with Full Planning Permission for 4 Bed Dwelling located in Alford ***Guide of £85,000 for entire site***

• ***Carigendell, Glenkindie, Alford, Aberdeenshire AB33 8SH previously sold for £450,000. Cairncoullie Cottage, Glenkindie, Alford AB33 8SA sold for £385,000***

• Detailed planning granted to build Four Bedroomed Detached Dwelling which would feature 360 degree views of the surrounding countryside. Reference app/2021/2217

• Sure to appeal to investors looking for an excellent development opportunity. All planning inquiries must be made to the relevant local council.

• Would suit keen developers looking for an attractive development opportunity, subject to researching and gaining necessary planning permissions.

Prime Property Auctions is excited to bring to market this 0.50 Acres with Steading with Full Planning Permission for 4 Bed Dwelling located in Alford ***Guide of £85,000 for entire site***

On completion of development the property would comprise of:

Reception hall with cloakroom, Lounge with full-height glazed gable, Dining area with open-plan Kitchen, separate utility room, spacious office/study, 2 large double bedrooms with en suites, bright stairwell to upper floor with 2 additional double bedrooms on the upper floor, and a shower room on the upper floor. App/2021/2217.

There is power available on site, but connecting to it will be the purchaser's responsibility. A private water supply is located outside the property boundary, and the purchaser will be responsible for connecting it as well as installing a septic tank and soakaway system.

Sure to appeal to investors looking for an excellent development opportunity. All planning inquiries must be made to the relevant local council.

Sales Evidence:

***Carigendell, Glenkindie, Alford, Aberdeenshire AB33 8SH previously sold for £450,000. Cairncoullie Cottage, Glenkindie, Alford AB33 8SA sold for £385,000***

Detailed planning granted to build Four Bedroomed Detached Dwelling which would feature 360 degree views of the surrounding countryside. Reference app/2021/2217

Potentially excellent opportunity for serviced accommodation, with rates for 4 bed properties in the area starting from around £130 per night (subject to gaining necessary planning consents) At 80% occupancy per month, unit could achieve £3163PCM (£37,960 P/A) which would generated an incredible 44.6% gross yield if secured at the guide of £85,000.

Head west from Westhill on the A944 towards Alford. Turn left towards Muir of Fowlis and continue until you reach the t-junction. Turn right onto the A980 and take the left fork. Continue for a short distance; the property is on the left just before the Hamlet of Towie and Milton of Towie Farm.

Sure to appeal to investors looking for an excellent development opportunity. All planning inquiries must be made to the relevant local council. Would suit keen developers looking for an attractive development opportunity, subject to researching and gaining necessary planning permissions.

The local areas have seen some great sales recently showing that there is strong demand recently, should you wish to offer now, you can do so via our “Offer now” button on our website.

Potentially high yielding investment property.

This lot is open to immediate offers. Swing that there is strong demand.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location:

Alford, a charming town in Aberdeenshire, Scotland, offers a promising investment landscape marked by its scenic beauty, community-focused development, and strategic location. Nestled in the heart of the Grampian Highlands, Alford is known for its picturesque countryside, historical landmarks, and vibrant local culture. The town's economy benefits from a mix of agriculture, tourism, and small businesses, fostering a strong sense of community and resilience. Recent investments in infrastructure, including enhancements to local amenities and transport links, are driving growth and accessibility. Proximity to Aberdeen, a major economic hub, further enhances Alford's appeal, providing access to broader markets and resources. This combination of natural beauty, economic diversity, and strategic development initiatives makes Alford an attractive destination for investors seeking opportunities in a thriving rural setting with growth potential.