£365,000
Est. Mortgage £1,665 per month*

4 bedroom property for sale

Moray, IV30
property property
bedrooms 4 bedrooms

Property description

CCL is thrilled to present a unique development opportunity in the charming hamlet of Birnie, situated on the picturesque outskirts of Elgin. This property offers a blend of rural tranquillity and modern convenience, making it an ideal investment for developers or those seeking a spacious family home with additional development potential. Property Overview: Existing Residence: A spacious and well-maintained 4-bedroom house, offering generous family accommodation across two floors. Set on approximately 0.6 acres, the property provides ample space for outdoor activities and future enhancements. Development Potential: The property comes with planning permission (Application 19/00061/APP) for the conversion of the former Birnie Inn, which was historically an old school, into two additional dwellings: - A 4-bedroom house - A 2-bedroom house These planned conversions offer a tasteful and thoughtful design, perfect for holiday lets or permanent rentals or resales. Location: Nestled in a stunning rural setting, the property boasts breathtaking views of the surrounding countryside. Despite its peaceful location, it is conveniently located just a short drive from Elgin, a vibrant town offering a wide array of amenities including shops, supermarkets, banks, and healthcare facilities. Elgin also offers a variety of dining options, recreational facilities, and excellent schooling. Investment Highlights: Versatile Development Options: The existing planning permission allows for the development of two additional homes, providing significant potential for rental income or resale. Prime Location: Enjoy the best of both worlds with a serene rural lifestyle and easy access to urban amenities in Elgin. Historical Charm: The former Birnie Inn adds a unique historical element to the property, offering a distinctive character and appeal. This is a rare opportunity to acquire a property with substantial development potential in a highly desirable location. Whether you are looking to expand your real estate portfolio or create a multi-generational family estate, this property offers endless possibilities. Don't miss out on this exceptional investment opportunity in Birnie, Elgin. Tenure Scottish equivalent of freehold. Planning Permission Planning Reference19/00061/APP

Interested in this property?

Check Your Credit Report & Score

Property photos

Council tax

Ask agent

First listed

Over a month ago

Moray, IV30

Marketed by

CCL Property Ltd 62 High Street,Elgin,Moray,IV30 1BU
Call agent on 01343 610520
Contact agent

Placebuzz mortgage repayment calculator

Property price£
Deposit£
Interest rate%
Repayment period
Household income£
Monthly repayment
£1,665
We think you can borrowAdd your household income

Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

View all property for sale in Elgin

Moray, IV30 - Streetview

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by CCL Property Ltd. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact CCL Property Ltd for full details and further information.