Elgin Branch

62 High Street
Elgin, Moray
IV30 1BU
t: 01343 610520
e: info@cclproperty.com

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Hudson House
8 Albany Street, Edinburgh
EH1 3QB
t: 0131 473 1192
e: info@cclproperty.com

Glasgow Branch

Technology House
9 Newton Place, Glasgow
G3 7PR
e: info@cclproperty.com

Birnie Inn, Birnie, Elgin, Moray, IV30 8SP

£439,000

411

Key Information

Tenure:Not available
Council tax band:Not available

Key Features

4 Double Bedrooms
Family Bathroom & WC
bright spacious living Room
4 Bedroom Semi-detached house
Conversion of existing building
2 Bedroom & 4 Bedroom houses
Large gravel parking area
Fabulous Portfolio Opportunity
Dining Kitchen & Large Catering Kitchen
Oil central heating & double glazing
Planning for a 4 bedroom and 2 bedroom house
Substantial Plot
Planning Reference 19/00061/APP
Rural Development Opportunity
Existing 4 Bedroom House

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.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ2,310 /mo.25 Years, 5% Interest
Loan
ÂŁ395,100
Total Repay
ÂŁ692,915

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
ÂŁ10,450
0% up to ÂŁ150,000
1% between ÂŁ150,000 and ÂŁ250,000
5% above ÂŁ250,000
Your effective LBTT is 2.38%

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